BidaskClub cut shares of JD.Com (NASDAQ:JD) from a buy rating to a hold rating in a report published on Saturday, BidAskClub reports.

Several other research firms have also weighed in on JD. TheStreet raised JD.Com from a d rating to a c- rating in a research report on Tuesday, March 5th. Zacks Investment Research raised JD.Com from a sell rating to a hold rating in a research report on Thursday, March 7th. Daiwa Capital Markets set a $38.00 price target on JD.Com and gave the company a buy rating in a research report on Friday, March 1st. KeyCorp reissued a hold rating on shares of JD.Com in a research report on Friday, March 1st. Finally, Macquarie set a $27.00 price target on JD.Com and gave the company a hold rating in a research report on Friday, March 1st. Thirteen analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $32.50.

NASDAQ:JD traded up $0.37 during trading hours on Friday, hitting $30.57. 11,283,439 shares of the company’s stock traded hands, compared to its average volume of 15,867,931. The firm has a market capitalization of $36.81 billion, a price-to-earnings ratio of -1,019.00 and a beta of 1.32. JD.Com has a twelve month low of $19.21 and a twelve month high of $45.23. The company has a current ratio of 0.87, a quick ratio of 0.50 and a debt-to-equity ratio of 0.16.

A number of hedge funds and other institutional investors have recently modified their holdings of JD. BlackRock Inc. boosted its stake in shares of JD.Com by 8.1% during the 4th quarter. BlackRock Inc. now owns 35,200,026 shares of the information services provider’s stock worth $736,736,000 after acquiring an additional 2,650,221 shares in the last quarter. Dodge & Cox boosted its stake in shares of JD.Com by 20.2% during the 3rd quarter. Dodge & Cox now owns 31,986,772 shares of the information services provider’s stock worth $834,535,000 after acquiring an additional 5,382,080 shares in the last quarter. Vanguard Group Inc boosted its stake in shares of JD.Com by 2.4% during the 3rd quarter. Vanguard Group Inc now owns 27,469,471 shares of the information services provider’s stock worth $716,678,000 after acquiring an additional 649,113 shares in the last quarter. Hillhouse Capital Advisors Ltd. bought a new stake in shares of JD.Com during the 4th quarter worth about $314,813,000. Finally, Fisher Asset Management LLC boosted its stake in shares of JD.Com by 6.2% during the 4th quarter. Fisher Asset Management LLC now owns 11,052,559 shares of the information services provider’s stock worth $231,330,000 after acquiring an additional 640,511 shares in the last quarter. Hedge funds and other institutional investors own 47.87% of the company’s stock.

JD.Com Company Profile

JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Mall and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.

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Analyst Recommendations for JD.Com (NASDAQ:JD)

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