RD Finance Ltd decreased its position in shares of JD.com, Inc. (NASDAQ:JD – Free Report) by 50.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,750 shares of the information services provider’s stock after selling 40,750 shares during the period. JD.com accounts for approximately 1.2% of RD Finance Ltd’s portfolio, making the stock its 18th biggest holding. RD Finance Ltd’s holdings in JD.com were worth $1,170,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in JD. Evergreen Capital Management LLC acquired a new position in JD.com during the third quarter worth approximately $51,741,000. Syquant Capital Sas acquired a new position in JD.com during the fourth quarter worth approximately $35,323,000. SIH Partners LLLP increased its position in JD.com by 47.1% during the third quarter. SIH Partners LLLP now owns 2,866,236 shares of the information services provider’s stock worth $100,261,000 after buying an additional 917,569 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in JD.com during the third quarter worth approximately $22,096,000. Finally, Barrow Hanley Mewhinney & Strauss LLC increased its position in JD.com by 17.5% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,840,591 shares of the information services provider’s stock worth $134,344,000 after buying an additional 572,456 shares during the period. Institutional investors and hedge funds own 15.98% of the company’s stock.
JD.com Trading Down 0.3%
NASDAQ:JD opened at $30.13 on Friday. The firm has a market cap of $43.16 billion, a P/E ratio of 17.12, a PEG ratio of 8.31 and a beta of 0.41. The company has a current ratio of 1.22, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. The stock’s 50 day simple moving average is $28.77 and its 200-day simple moving average is $29.37. JD.com, Inc. has a 12-month low of $24.51 and a 12-month high of $38.08.
JD.com Increases Dividend
The firm also recently declared an annual dividend, which was paid on Wednesday, April 29th. Investors of record on Thursday, April 9th were paid 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 was Thursday, April 9th. JD.com’s dividend payout ratio (DPR) is presently 55.68%.
Wall Street Analyst Weigh In
Several research analysts have commented on the company. Zacks Research raised JD.com from a “strong sell” rating to a “hold” rating in a research report on Monday, March 2nd. Morgan Stanley lifted their price target on JD.com from $22.00 to $25.00 and gave the stock an “underweight” rating in a research report on Wednesday, April 15th. Bank of America reaffirmed a “buy” rating and set a $33.00 price target on shares of JD.com in a research report on Thursday, March 5th. Arete Research set a $37.00 target price on JD.com in a report on Friday, April 17th. Finally, UBS Group reissued a “buy” rating on shares of JD.com in a report on Friday, March 6th. Eleven equities 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 company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $37.38.
Get Our Latest Stock Report on JD
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.
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