JD.com, Inc. $JD Stock Position Lifted by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise lifted its holdings in JD.com, Inc. (NASDAQ:JD) by 51.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 72,051 shares of the information services provider’s stock after purchasing an additional 24,426 shares during the quarter. Banque Cantonale Vaudoise’s holdings in JD.com were worth $2,068,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Binnacle Investments Inc lifted its stake in JD.com by 365.8% in the 3rd quarter. Binnacle Investments Inc now owns 750 shares of the information services provider’s stock worth $26,000 after acquiring an additional 589 shares in the last quarter. Assetmark Inc. raised its stake in shares of JD.com by 62.0% in the 3rd quarter. Assetmark Inc. now owns 1,043 shares of the information services provider’s stock valued at $36,000 after acquiring an additional 399 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of JD.com by 657.9% during the third quarter. Golden State Wealth Management LLC now owns 1,152 shares of the information services provider’s stock worth $40,000 after buying an additional 1,000 shares during the last quarter. Wexford Capital LP acquired a new stake in shares of JD.com in the third quarter worth $43,000. Finally, Larson Financial Group LLC grew its stake in shares of JD.com by 445.3% in the third quarter. Larson Financial Group LLC now owns 1,456 shares of the information services provider’s stock worth $51,000 after acquiring an additional 1,189 shares during the last quarter. Institutional investors own 15.98% of the company’s stock.

JD.com Stock Down 3.0%

NASDAQ:JD opened at $31.47 on Friday. JD.com, Inc. has a 1 year low of $24.51 and a 1 year high of $36.86. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 0.22. The stock has a market cap of $45.08 billion, a price-to-earnings ratio of 24.59 and a beta of 0.41. The stock has a 50-day moving average price of $29.82 and a two-hundred day moving average price of $29.26.

JD.com (NASDAQ:JD) last posted its quarterly earnings data on Tuesday, March 31st. The information services provider reported $0.37 earnings per share for the quarter. The company had revenue of $45.79 billion during the quarter. JD.com had a return on equity of 5.90% and a net margin of 1.04%. As a group, equities analysts expect that JD.com, Inc. will post 2.66 earnings per share for the current year.

JD.com Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Wednesday, April 29th. Investors of record on Thursday, April 9th were issued a dividend of $1.00 per share. The ex-dividend date was Thursday, April 9th. This is a boost from JD.com’s previous annual dividend of $0.76. This represents a dividend yield of 353.0%. JD.com’s dividend payout ratio is 76.56%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Weiss Ratings raised JD.com from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, April 27th. Nomura lifted their price objective on JD.com from $40.00 to $41.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Bank of America reissued a “buy” rating and set a $33.00 price objective on shares of JD.com in a report on Thursday, March 5th. Morgan Stanley lifted their price objective on JD.com from $25.00 to $27.00 and gave the stock an “underweight” rating in a report on Wednesday, May 13th. Finally, Zacks Research raised JD.com from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. Ten research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, JD.com has a consensus rating of “Moderate Buy” and a consensus price target of $38.77.

JD.com Company Profile

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.