JD.com, Inc. (JD) Stake Boosted by Candriam Luxembourg S.C.A.
Candriam Luxembourg S.C.A. increased its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 26.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 143,610 shares of the information services provider’s stock after purchasing an additional 30,310 shares during the period. Candriam Luxembourg S.C.A.’s holdings in JD.com were worth $5,486,000 at the end of the most recent quarter.
Several other large investors have also added to or reduced their stakes in the company. Teachers Advisors LLC raised its position in JD.com by 5.9% in the 1st quarter. Teachers Advisors LLC now owns 297,532 shares of the information services provider’s stock valued at $9,256,000 after buying an additional 16,600 shares during the last quarter. Vanguard Group Inc. raised its position in JD.com by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 3,482,847 shares of the information services provider’s stock valued at $108,351,000 after buying an additional 46,530 shares during the last quarter. Bank of Montreal Can raised its position in JD.com by 34.0% in the 2nd quarter. Bank of Montreal Can now owns 581,950 shares of the information services provider’s stock valued at $22,823,000 after buying an additional 147,600 shares during the last quarter. Creative Planning raised its position in JD.com by 47.2% in the 2nd quarter. Creative Planning now owns 22,055 shares of the information services provider’s stock valued at $865,000 after buying an additional 7,073 shares during the last quarter. Finally, Advisors Capital Management LLC raised its position in JD.com by 0.8% in the 2nd quarter. Advisors Capital Management LLC now owns 69,798 shares of the information services provider’s stock valued at $2,737,000 after buying an additional 581 shares during the last quarter. Institutional investors and hedge funds own 46.62% of the company’s stock.
JD.com, Inc. (NASDAQ:JD) traded up $2.16 on Monday, reaching $42.12. The company had a trading volume of 19,259,229 shares, compared to its average volume of 10,898,221. JD.com, Inc. has a twelve month low of $23.38 and a twelve month high of $48.99. The company has a quick ratio of 0.91, a current ratio of 1.20 and a debt-to-equity ratio of 0.35.
JD.com (NASDAQ:JD) last released its quarterly earnings results on Monday, August 14th. The information services provider reported $0.02 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.02. The business had revenue of $93.20 billion during the quarter, compared to the consensus estimate of $89.35 billion. JD.com had a negative return on equity of 1.80% and a negative net margin of 0.95%. The firm’s quarterly revenue was up 43.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.29 EPS. research analysts expect that JD.com, Inc. will post -0.04 EPS for the current fiscal year.
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JD has been the topic of a number of recent research reports. Vetr raised JD.com from a “hold” rating to a “buy” rating and set a $45.83 target price on the stock in a research report on Friday, September 22nd. KeyCorp set a $49.00 target price on JD.com and gave the company a “buy” rating in a research report on Thursday, October 19th. Zacks Investment Research lowered JD.com from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. HSBC Holdings plc reissued a “buy” rating and issued a $49.00 target price on shares of JD.com in a research report on Tuesday, August 15th. Finally, BidaskClub lowered JD.com from a “hold” rating to a “sell” rating in a research report on Thursday, September 28th. Four equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. JD.com currently has an average rating of “Buy” and an average target price of $44.23.
JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.
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