JD.com, Inc. $JD Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group cut its holdings in JD.com, Inc. (NASDAQ:JD) by 87.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 608,243 shares of the information services provider’s stock after selling 4,284,771 shares during the period. Schroder Investment Management Group’s holdings in JD.com were worth $19,853,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Hhlr Advisors LTD. grew its position in shares of JD.com by 184.7% in the first quarter. Hhlr Advisors LTD. now owns 4,811,700 shares of the information services provider’s stock valued at $197,857,000 after purchasing an additional 3,121,700 shares during the period. Voya Investment Management LLC lifted its position in JD.com by 63.8% during the first quarter. Voya Investment Management LLC now owns 5,181,775 shares of the information services provider’s stock worth $213,075,000 after buying an additional 2,018,675 shares during the period. Dodge & Cox boosted its stake in JD.com by 8.0% in the 1st quarter. Dodge & Cox now owns 18,062,949 shares of the information services provider’s stock worth $742,748,000 after buying an additional 1,339,508 shares during the last quarter. Crake Asset Management LLP purchased a new stake in JD.com in the 2nd quarter valued at about $41,975,000. Finally, GQG Partners LLC increased its stake in shares of JD.com by 770.9% during the 1st quarter. GQG Partners LLC now owns 1,260,326 shares of the information services provider’s stock valued at $51,825,000 after acquiring an additional 1,115,607 shares during the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on JD. Weiss Ratings restated a “hold (c-)” rating on shares of JD.com in a report on Monday. Mizuho set a $41.00 price objective on shares of JD.com in a research note on Wednesday, October 22nd. Sanford C. Bernstein restated an “outperform” rating and set a $38.00 price objective on shares of JD.com in a report on Friday, November 14th. Susquehanna reaffirmed a “neutral” rating on shares of JD.com in a research report on Monday, November 24th. Finally, Morgan Stanley downgraded JD.com from an “equal weight” rating to an “underweight” rating and set a $28.00 price target for the company. in a research report on Monday, November 10th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, JD.com currently has an average rating of “Moderate Buy” and a consensus target price of $40.43.

JD.com Stock Performance

Shares of JD stock opened at $30.05 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 0.88 and a debt-to-equity ratio of 0.20. The company has a market cap of $43.05 billion, a PE ratio of 10.22, a P/E/G ratio of 6.73 and a beta of 0.40. The company’s fifty day simple moving average is $32.42 and its 200-day simple moving average is $32.50. JD.com, Inc. has a 52 week low of $28.21 and a 52 week high of $46.44.

JD.com (NASDAQ:JD) last announced its quarterly earnings results on Thursday, November 13th. The information services provider reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.08. JD.com had a net margin of 2.46% and a return on equity of 10.99%. The firm had revenue of $41.98 billion during the quarter, compared to analysts’ expectations of $40.87 billion. During the same period in the prior year, the company earned $8.68 EPS. The firm’s revenue was up 14.9% on a year-over-year basis. As a group, equities research analysts anticipate that JD.com, Inc. will post 3.91 EPS for the current year.

JD.com 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.