Macquarie Group Ltd. raised its stake in JD.com Inc. (NASDAQ:JD) by 6.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 718,600 shares of the company’s stock after buying an additional 46,100 shares during the period. Macquarie Group Ltd.’s holdings in JD.com were worth $15,257,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Harding Loevner LP raised its position in shares of JD.com by 368,275.3% in the second quarter. Harding Loevner LP now owns 1,805,039 shares of the company’s stock worth $38,321,000 after buying an additional 1,804,549 shares during the last quarter. Fis Group Inc. raised its position in shares of JD.com by 111.2% in the second quarter. Fis Group Inc. now owns 88,764 shares of the company’s stock worth $1,882,000 after buying an additional 46,726 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of JD.com by 257.9% in the second quarter. Fisher Asset Management LLC now owns 8,120,703 shares of the company’s stock worth $176,706,000 after buying an additional 5,851,457 shares during the last quarter. Breton Hill Capital Ltd. bought a new position in shares of JD.com during the second quarter worth about $1,344,000. Finally, Creative Planning raised its position in shares of JD.com by 124.9% in the second quarter. Creative Planning now owns 38,200 shares of the company’s stock worth $811,000 after buying an additional 21,218 shares during the last quarter. 51.03% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for JD.com (NASDAQ:JD)

JD.com Inc. (NASDAQ:JD) traded up 6.911% during trading on Tuesday, reaching $27.615. 14,168,470 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $25.87 and its 200-day moving average price is $24.17. The stock’s market cap is $39.86 billion. JD.com Inc. has a one year low of $19.51 and a one year high of $33.48.

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JD has been the topic of a number of recent analyst reports. MKM Partners set a $32.00 price target on shares of JD.com and gave the company a “buy” rating in a research note on Wednesday, August 3rd. T.H. Capital lowered shares of JD.com from a “buy” rating to a “hold” rating in a research note on Monday, August 8th. TH Capital lowered shares of JD.com from a “buy” rating to a “hold” rating in a research note on Monday, August 8th. Citigroup Inc. restated a “buy” rating and set a $32.00 price target (up previously from $31.00) on shares of JD.com in a research note on Wednesday, August 10th. Finally, Vetr lowered shares of JD.com from a “strong-buy” rating to a “buy” rating and set a $25.97 price target on the stock. in a research note on Wednesday, August 10th. Ten analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. JD.com has an average rating of “Hold” and an average target price of $29.75.

JD.com Company Profile

JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.

5 Day Chart for NASDAQ:JD

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