Jones Financial Companies Lllp Acquires 3,050 Shares of JD.com, Inc. (NASDAQ:JD)

Jones Financial Companies Lllp increased its stake in JD.com, Inc. (NASDAQ:JD) by 32.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,347 shares of the information services provider’s stock after acquiring an additional 3,050 shares during the quarter. Jones Financial Companies Lllp’s holdings in JD.com were worth $428,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of JD. FMR LLC increased its position in JD.com by 41.0% in the 3rd quarter. FMR LLC now owns 15,276,992 shares of the information services provider’s stock valued at $611,080,000 after buying an additional 4,445,277 shares in the last quarter. Two Sigma Advisers LP boosted its stake in JD.com by 329.9% in the third quarter. Two Sigma Advisers LP now owns 6,306,700 shares of the information services provider’s stock valued at $252,268,000 after acquiring an additional 4,839,700 shares during the last quarter. Fisher Asset Management LLC increased its position in JD.com by 9.0% in the third quarter. Fisher Asset Management LLC now owns 4,072,599 shares of the information services provider’s stock worth $162,904,000 after buying an additional 336,740 shares during the last quarter. Point72 Asset Management L.P. lifted its holdings in 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 valued at $161,356,000 after purchasing an additional 2,175,568 shares during the last quarter. Finally, Maple Rock Capital Partners Inc. boosted its holdings in JD.com by 5.9% in the 3rd quarter. Maple Rock Capital Partners Inc. now owns 3,577,138 shares of the information services provider’s stock worth $143,086,000 after buying an additional 200,200 shares during the period. 15.98% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Benchmark boosted their price target on shares of JD.com from $47.00 to $58.00 and gave the company a “buy” rating in a research report on Friday. Citigroup reduced their price objective on JD.com from $52.00 to $51.00 and set a “buy” rating on the stock in a research note on Friday, November 15th. JPMorgan Chase & Co. raised their price target on shares of JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a report on Friday. Dbs Bank upgraded JD.com to a “strong-buy” rating in a report on Wednesday, February 12th. Finally, StockNews.com downgraded JD.com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 11th. Two investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, JD.com currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.43.

JD.com Stock Performance

JD opened at $40.64 on Tuesday. JD.com, Inc. has a 12-month low of $24.13 and a 12-month high of $47.82. The company’s 50 day moving average is $39.12 and its 200 day moving average is $36.95. The company has a market cap of $64.09 billion, a price-to-earnings ratio of 12.86, a PEG ratio of 0.31 and a beta of 0.43. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18.

JD.com Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th will be paid a dividend of $0.76 per share. This represents a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, April 8th. This is an increase from JD.com’s previous annual dividend of $0.74. JD.com’s dividend payout ratio (DPR) is 19.73%.

JD.com 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.