Signaturefd LLC Buys 928 Shares of JD.com, Inc. (NASDAQ:JD)

Signaturefd LLC lifted its stake in shares of JD.com, Inc. (NASDAQ:JD) by 6.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,403 shares of the information services provider’s stock after purchasing an additional 928 shares during the quarter. Signaturefd LLC’s holdings in JD.com were worth $499,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Atria Investments Inc purchased a new position in shares of JD.com during the 3rd quarter valued at $348,000. Victory Capital Management Inc. grew its position in JD.com by 681.8% during the third quarter. Victory Capital Management Inc. now owns 200,629 shares of the information services provider’s stock worth $8,025,000 after buying an additional 174,966 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of JD.com in the 3rd quarter valued at about $453,000. PNC Financial Services Group Inc. boosted its position in shares of JD.com by 2.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 52,425 shares of the information services provider’s stock valued at $2,097,000 after acquiring an additional 1,267 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its holdings in shares of JD.com by 85.4% during the third quarter. Advisors Asset Management Inc. now owns 19,776 shares of the information services provider’s stock worth $791,000 after purchasing an additional 9,112 shares in the last quarter. Hedge funds and other institutional investors own 15.98% of the company’s stock.

JD.com Trading Down 4.1 %

Shares of JD opened at $42.98 on Friday. The firm has a fifty day simple moving average of $40.42 and a two-hundred day simple moving average of $37.72. JD.com, Inc. has a twelve month low of $24.13 and a twelve month high of $47.82. The stock has a market capitalization of $67.78 billion, a P/E ratio of 13.60, a PEG ratio of 0.31 and a beta of 0.43. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18.

JD.com Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th will be issued a dividend of $0.76 per share. This represents a yield of 1.7%. The ex-dividend date is Tuesday, April 8th. This is an increase from JD.com’s previous annual dividend of $0.74. JD.com’s payout ratio is currently 26.13%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on JD shares. Susquehanna reiterated a “neutral” rating and set a $45.00 target price (up from $35.00) on shares of JD.com in a research report on Wednesday, March 12th. Mizuho upped their target price on shares of JD.com from $43.00 to $50.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. UBS Group set a $51.00 price target on JD.com in a research note on Friday, March 7th. Sanford C. Bernstein reiterated an “outperform” rating on shares of JD.com in a research report on Friday, March 7th. Finally, Benchmark upped their target price on JD.com from $47.00 to $58.00 and gave the stock a “buy” rating in a research note on Friday, March 7th. Two analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, JD.com currently has an average rating of “Moderate Buy” and an average target price of $45.64.

JD.com Company Profile

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.