Mckinley Capital Management LLC Delaware bought a new position in shares of JD.com, Inc. (NASDAQ:JD) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,987 shares of the information services provider’s stock, valued at approximately $823,000.

Several other large investors also recently modified their holdings of JD. US Bancorp DE lifted its position in JD.com by 16.8% during the first quarter. US Bancorp DE now owns 15,286 shares of the information services provider’s stock valued at $476,000 after purchasing an additional 2,203 shares during the last quarter. Bank of New York Mellon Corp lifted its position in JD.com by 4.5% during the first quarter. Bank of New York Mellon Corp now owns 1,118,361 shares of the information services provider’s stock valued at $34,792,000 after purchasing an additional 48,097 shares during the last quarter. Comerica Bank lifted its position in JD.com by 1.1% during the first quarter. Comerica Bank now owns 70,594 shares of the information services provider’s stock valued at $2,492,000 after purchasing an additional 734 shares during the last quarter. UBS Asset Management Americas Inc. lifted its position in JD.com by 2.1% during the first quarter. UBS Asset Management Americas Inc. now owns 2,210,156 shares of the information services provider’s stock valued at $68,758,000 after purchasing an additional 44,490 shares during the last quarter. Finally, Parametric Portfolio Associates LLC lifted its position in JD.com by 64.5% during the first quarter. Parametric Portfolio Associates LLC now owns 265,154 shares of the information services provider’s stock valued at $8,249,000 after purchasing an additional 103,928 shares during the last quarter. Hedge funds and other institutional investors own 46.43% of the company’s stock.

Shares of JD.com, Inc. (JD) opened at 38.2000 on Friday. JD.com, Inc. has a 52 week low of $23.38 and a 52 week high of $48.99.

JD.com (NASDAQ:JD) last announced its quarterly earnings results on Monday, August 14th. The information services provider reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. The firm had revenue of $93.20 billion for the quarter, compared to analysts’ expectations of $89.35 billion. JD.com had a negative net margin of 0.95% and a negative return on equity of 1.80%. The company’s revenue was up 43.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS. Equities research analysts expect that JD.com, Inc. will post $0.46 earnings per share for the current year.

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JD has been the subject of several research reports. J P Morgan Chase & Co increased their price objective on shares of JD.com to $55.00 and gave the company a “positive” rating in a research report on Tuesday, August 15th. BidaskClub lowered shares of JD.com from a “hold” rating to a “sell” rating in a research report on Thursday. Instinet reiterated a “buy” rating on shares of JD.com in a research report on Saturday, July 22nd. Bank of America Corporation reiterated a “buy” rating and set a $53.00 price objective (up previously from $46.00) on shares of JD.com in a research report on Wednesday, August 9th. Finally, Vetr lowered shares of JD.com from a “strong-buy” rating to a “buy” rating and set a $44.44 price objective for the company. in a research report on Thursday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seventeen have given a buy rating to the company. JD.com currently has an average rating of “Buy” and a consensus price target of $43.37.

JD.com Company Profile

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.

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

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