JD.com, Inc. (NASDAQ:JD) Position Reduced by Schroder Investment Management Group

Schroder Investment Management Group lowered its stake in JD.com, Inc. (NASDAQ:JD) by 1.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 5,448,561 shares of the information services provider’s stock after selling 79,752 shares during the period. Schroder Investment Management Group owned 0.35% of JD.com worth $186,668,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of JD. Two Sigma Advisers LP grew its position in shares of JD.com by 329.9% during the 3rd quarter. Two Sigma Advisers LP now owns 6,306,700 shares of the information services provider’s stock valued at $252,268,000 after buying an additional 4,839,700 shares during the last quarter. Appaloosa LP grew its position in JD.com by 43.4% in the 4th quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider’s stock worth $362,852,000 after purchasing an additional 3,165,885 shares during the last quarter. National Bank of Canada FI raised its holdings in shares of JD.com by 65,089.6% during the third quarter. National Bank of Canada FI now owns 2,214,492 shares of the information services provider’s stock valued at $88,580,000 after buying an additional 2,211,095 shares during the last quarter. Point72 Asset Management L.P. boosted its position in shares of JD.com by 117.1% during the third quarter. Point72 Asset Management L.P. now owns 4,033,900 shares of the information services provider’s stock worth $161,356,000 after buying an additional 2,175,568 shares during the period. Finally, Norges Bank bought a new position in JD.com in the 4th quarter worth approximately $70,130,000. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Trading Down 3.1 %

Shares of JD opened at $41.58 on Friday. The business’s 50-day moving average price is $41.25 and its 200 day moving average price is $38.46. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $65.58 billion, a P/E ratio of 13.16, a P/E/G ratio of 0.31 and a beta of 0.43. JD.com, Inc. has a 1-year low of $24.13 and a 1-year high of $47.82.

JD.com Increases Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have issued reports on JD. Barclays boosted their price target on JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, February 28th. Mizuho increased their target price on shares of JD.com from $43.00 to $50.00 and gave the company an “outperform” rating in a research report on Friday, March 7th. JPMorgan Chase & Co. boosted their price target on shares of JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, March 7th. Dbs Bank upgraded JD.com to a “strong-buy” rating in a research report on Wednesday, February 12th. Finally, Susquehanna reiterated a “neutral” rating and set a $45.00 price target (up from $35.00) on shares of JD.com in a research report on Wednesday, March 12th. Two investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target 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.