Farther Finance Advisors LLC Purchases 684 Shares of JD.com, Inc. (NASDAQ:JD)

Farther Finance Advisors LLC lifted its position in shares of JD.com, Inc. (NASDAQ:JD) by 111.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,297 shares of the information services provider’s stock after purchasing an additional 684 shares during the quarter. Farther Finance Advisors LLC’s holdings in JD.com were worth $45,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in JD. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of JD.com during the third quarter valued at approximately $453,000. PNC Financial Services Group Inc. boosted its holdings in JD.com by 2.5% in the third quarter. PNC Financial Services Group Inc. now owns 52,425 shares of the information services provider’s stock worth $2,097,000 after acquiring an additional 1,267 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in JD.com by 85.4% in the third quarter. Advisors Asset Management Inc. now owns 19,776 shares of the information services provider’s stock worth $791,000 after acquiring an additional 9,112 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in JD.com by 155.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,661,357 shares of the information services provider’s stock worth $66,454,000 after acquiring an additional 1,010,736 shares in the last quarter. Finally, Citigroup Inc. boosted its holdings in JD.com by 9.9% in the third quarter. Citigroup Inc. now owns 400,294 shares of the information services provider’s stock worth $16,012,000 after acquiring an additional 36,096 shares in the last quarter. 15.98% of the stock is currently owned by institutional investors.

JD.com Stock Down 1.7 %

JD.com stock opened at $42.24 on Monday. The stock has a market cap of $66.62 billion, a PE ratio of 13.37, a price-to-earnings-growth ratio of 0.31 and a beta of 0.43. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17. JD.com, Inc. has a one year low of $24.13 and a one year high of $47.82. The stock has a fifty day moving average of $40.60 and a 200 day moving average of $37.98.

JD.com Increases Dividend

The business also recently declared an annual dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th will be given a $0.76 dividend. This is a boost from JD.com’s previous annual dividend of $0.74. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a yield of 1.7%. JD.com’s dividend payout ratio is presently 26.13%.

Analyst Upgrades and Downgrades

Several research firms have commented on JD. Dbs Bank raised JD.com to a “strong-buy” rating in a report on Wednesday, February 12th. UBS Group set a $51.00 target price on JD.com in a report on Friday, March 7th. Mizuho boosted their target price on JD.com from $43.00 to $50.00 and gave the stock an “outperform” rating in a report on Friday, March 7th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of JD.com in a report on Friday, March 7th. Finally, Barclays upped their price target on JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, February 28th. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.