JD.com, Inc. (NASDAQ:JD) Shares Sold by Stifel Financial Corp

Stifel Financial Corp trimmed its stake in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 67.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,371 shares of the information services provider's stock after selling 117,141 shares during the quarter. Stifel Financial Corp's holdings in JD.com were worth $1,989,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Richardson Financial Services Inc. acquired a new position in shares of JD.com during the 4th quarter worth $27,000. Brooklyn Investment Group purchased a new position in JD.com in the fourth quarter valued at about $34,000. Nisa Investment Advisors LLC boosted its stake in shares of JD.com by 71.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock worth $35,000 after acquiring an additional 417 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of JD.com by 111.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider's stock worth $45,000 after acquiring an additional 684 shares during the period. Finally, GeoWealth Management LLC increased its stake in JD.com by 129.1% in the 4th quarter. GeoWealth Management LLC now owns 1,393 shares of the information services provider's stock valued at $48,000 after purchasing an additional 785 shares in the last quarter. 15.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

JD has been the subject of a number of research analyst reports. StockNews.com cut JD.com from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 11th. Citigroup restated a "buy" rating and set a $51.00 target price (down previously from $56.00) on shares of JD.com in a research report on Monday, April 28th. Dbs Bank raised shares of JD.com to a "strong-buy" rating in a research note on Wednesday, February 12th. Mizuho increased their target price on JD.com from $43.00 to $50.00 and gave the company an "outperform" rating in a report on Friday, March 7th. Finally, Bank of America cut their price target on JD.com from $51.00 to $48.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Two equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, JD.com has a consensus rating of "Moderate Buy" and a consensus target price of $49.27.

JD.com Trading Up 0.9 %

JD stock traded up $0.32 during trading on Thursday, reaching $34.14. 6,812,315 shares of the stock traded hands, compared to its average volume of 14,232,136. The firm has a market capitalization of $53.83 billion, a PE ratio of 10.80, a P/E/G ratio of 0.31 and a beta of 0.56. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90. The business's 50 day moving average price is $37.98 and its 200-day moving average price is $38.04. JD.com, Inc. has a 52-week low of $24.13 and a 52-week high of $47.82.

JD.com Increases Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th were given a dividend of $0.76 per share. This represents a yield of 1.7%. The ex-dividend date was Tuesday, April 8th. This is an increase from JD.com's previous annual dividend of $0.74. JD.com's dividend payout ratio is 26.13%.

JD.com Company Profile

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.