MARSHALL WACE ASIA Ltd acquired a new stake in shares of JD.Com Inc (NASDAQ:JD) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 45,379 shares of the information services provider’s stock, valued at approximately $1,184,000.

Other large investors also recently made changes to their positions in the company. Scopia Capital Management LP lifted its position in shares of JD.Com by 7.6% during the 2nd quarter. Scopia Capital Management LP now owns 5,049,272 shares of the information services provider’s stock valued at $196,669,000 after acquiring an additional 358,042 shares during the last quarter. East Coast Asset Management LLC. lifted its position in shares of JD.Com by 32.7% during the 2nd quarter. East Coast Asset Management LLC. now owns 440,105 shares of the information services provider’s stock valued at $17,142,000 after acquiring an additional 108,459 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of JD.Com by 95.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 29,869 shares of the information services provider’s stock valued at $1,163,000 after acquiring an additional 14,591 shares during the last quarter. First Trust Advisors LP lifted its position in shares of JD.Com by 3.3% during the 3rd quarter. First Trust Advisors LP now owns 1,070,365 shares of the information services provider’s stock valued at $27,926,000 after acquiring an additional 34,540 shares during the last quarter. Finally, Dimension Capital Management LLC lifted its position in shares of JD.Com by 510.3% during the 3rd quarter. Dimension Capital Management LLC now owns 34,893 shares of the information services provider’s stock valued at $910,000 after acquiring an additional 29,176 shares during the last quarter. Institutional investors own 47.24% of the company’s stock.

Shares of NASDAQ:JD traded up $0.32 during midday trading on Friday, hitting $21.55. 3,837,088 shares of the stock were exchanged, compared to its average volume of 18,544,972. The company has a current ratio of 0.90, a quick ratio of 0.57 and a debt-to-equity ratio of 0.15. JD.Com Inc has a 52-week low of $19.21 and a 52-week high of $50.68. The firm has a market cap of $25.83 billion, a price-to-earnings ratio of 2,155.00 and a beta of 1.37.

JD.Com (NASDAQ:JD) last announced its quarterly earnings data on Monday, November 19th. The information services provider reported $0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.06). JD.Com had a negative return on equity of 2.40% and a net margin of 0.31%. The firm had revenue of $104.77 billion for the quarter, compared to analysts’ expectations of $105.93 billion. During the same quarter in the prior year, the business posted $1.52 earnings per share. JD.Com’s revenue was up 25.1% on a year-over-year basis. On average, sell-side analysts forecast that JD.Com Inc will post 0.02 EPS for the current year.

JD has been the subject of a number of research analyst reports. UBS Group reduced their target price on JD.Com from $45.00 to $38.00 and set a “buy” rating for the company in a report on Friday, August 17th. Nomura reduced their target price on JD.Com from $44.00 to $41.00 and set a “buy” rating for the company in a report on Friday, August 17th. Benchmark reduced their target price on JD.Com from $48.00 to $43.00 and set a “buy” rating for the company in a report on Friday, August 17th. Stifel Nicolaus reduced their target price on JD.Com from $50.00 to $48.00 and set a “buy” rating for the company in a report on Friday, August 17th. Finally, KeyCorp reduced their target price on JD.Com from $51.00 to $43.00 and set a “buy” rating for the company in a report on Friday, August 17th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company. JD.Com presently has a consensus rating of “Hold” and a consensus target price of $35.19.

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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.

Further Reading: How can you know how many shares are floating?

Institutional Ownership by Quarter for JD.Com (NASDAQ:JD)

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