JD.com, Inc. $JD Position Lessened by Todd Asset Management LLC

Todd Asset Management LLC decreased its stake in JD.com, Inc. (NASDAQ:JD) by 20.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 887,059 shares of the information services provider’s stock after selling 229,570 shares during the period. Todd Asset Management LLC’s holdings in JD.com were worth $25,459,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Channing Global Advisors LLC increased its position in JD.com by 1.9% in the 3rd quarter. Channing Global Advisors LLC now owns 17,291 shares of the information services provider’s stock valued at $605,000 after acquiring an additional 321 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in JD.com by 0.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 56,912 shares of the information services provider’s stock valued at $1,633,000 after acquiring an additional 354 shares during the period. Assetmark Inc. increased its position in 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 during the period. Vanguard Personalized Indexing Management LLC increased its position in JD.com by 1.4% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 28,760 shares of the information services provider’s stock valued at $1,006,000 after acquiring an additional 400 shares during the period. Finally, Prelude Capital Management LLC increased its position in JD.com by 1.0% in the 3rd quarter. Prelude Capital Management LLC now owns 40,403 shares of the information services provider’s stock valued at $1,413,000 after acquiring an additional 403 shares during the period. 15.98% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on JD. Barclays raised their target price on JD.com from $41.00 to $43.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Wall Street Zen upgraded JD.com from a “sell” rating to a “hold” rating in a research report on Saturday, April 18th. Sanford C. Bernstein raised their target price on JD.com from $36.00 to $40.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Arete Research set a $37.00 target price on JD.com in a research report on Friday, April 17th. Finally, Bank of America restated a “buy” rating and issued a $33.00 target price on shares of JD.com in a research report on Thursday, March 5th. Ten research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, JD.com presently has a consensus rating of “Moderate Buy” and an average target price of $38.77.

JD.com Stock Performance

Shares of JD.com stock opened at $30.52 on Monday. The stock has a market cap of $43.72 billion, a PE ratio of 23.84 and a beta of 0.41. The business has a fifty day simple moving average of $29.87 and a 200-day simple moving average of $29.24. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 0.22. JD.com, Inc. has a 12 month low of $24.51 and a 12 month high of $36.86.

JD.com (NASDAQ:JD) last issued its earnings results on Tuesday, March 31st. The information services provider reported $0.37 EPS for the quarter. The business 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%. On average, sell-side analysts anticipate that JD.com, Inc. will post 2.66 EPS for the current fiscal year.

JD.com Increases Dividend

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

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.