O Shaughnessy Asset Management LLC Buys 5,998 Shares of JD.com, Inc. (NASDAQ:JD)

O Shaughnessy Asset Management LLC increased its stake in JD.com, Inc. (NASDAQ:JD – Get Rating) by 21.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,734 shares of the information services provider’s stock after purchasing an additional 5,998 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in JD.com were worth $1,893,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of JD. E Fund Management Hong Kong Co. Ltd. bought a new stake in JD.com during the first quarter valued at about $81,000. Cetera Investment Advisers raised its holdings in JD.com by 16.9% during the first quarter. Cetera Investment Advisers now owns 7,776 shares of the information services provider’s stock valued at $450,000 after acquiring an additional 1,125 shares during the period. West Family Investments Inc. bought a new stake in JD.com during the first quarter valued at about $340,000. Ergoteles LLC bought a new stake in JD.com during the first quarter valued at about $307,000. Finally, Federated Hermes Inc. raised its holdings in JD.com by 155.4% during the first quarter. Federated Hermes Inc. now owns 1,513,562 shares of the information services provider’s stock valued at $87,590,000 after acquiring an additional 920,886 shares during the period. 17.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. UBS Group lowered JD.com from a “buy” rating to a “neutral” rating and cut their price objective for the company from $60.00 to $43.00 in a research report on Thursday, April 13th. Bank of America dropped their price target on JD.com from $68.00 to $56.00 in a research report on Sunday, May 14th. Susquehanna dropped their price target on JD.com from $45.00 to $40.00 in a research report on Thursday, May 18th. Barclays dropped their price target on JD.com from $74.00 to $52.00 and set an “overweight” rating for the company in a research report on Thursday, April 13th. Finally, Citigroup dropped their price target on JD.com from $83.00 to $68.00 and set a “buy” rating for the company in a research report on Tuesday, April 11th. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $60.17.

JD.com Stock Performance

JD.com stock opened at $32.44 on Friday. The company has a 50 day moving average price of $37.57 and a 200-day moving average price of $48.57. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.08 and a current ratio of 1.36. JD.com, Inc. has a fifty-two week low of $32.29 and a fifty-two week high of $68.29. The company has a market capitalization of $44.30 billion, a PE ratio of 18.43 and a beta of 0.44.

JD.com (NASDAQ:JD – Get Rating) last posted its quarterly earnings results on Thursday, March 9th. The information services provider reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.17. JD.com had a net margin of 1.87% and a return on equity of 9.63%. The firm had revenue of $42.84 billion during the quarter, compared to the consensus estimate of $43.18 billion. As a group, equities analysts forecast that JD.com, Inc. will post 2.2 earnings per share for the current year.

JD.com Dividend Announcement

The business also recently declared a Variable dividend, which was paid on Thursday, May 4th. Stockholders of record on Thursday, April 6th were paid a dividend of $0.62 per share. This represents a dividend yield of 1.5%. The ex-dividend date was Wednesday, April 5th. JD.com’s dividend payout ratio is presently 34.09%.

About JD.com

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JD.com, Inc is a technology-driven E-commerce company. It engages in the sale of electronics products and general merchandise products, including audio, video products, and books. It operates through the following segments: JD Retail, JD Logistics, and New Businesses. The JD Retail segment offers online retail, online marketplace, and marketing services.