Bp Plc maintained its stake in shares of JD.com, Inc. (NASDAQ:JD) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 464,046 shares of the information services provider’s stock at the end of the second quarter. Bp Plc’s holdings in JD.com were worth $18,200,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. IFP Advisors Inc boosted its stake in shares of JD.com by 585.2% in the second quarter. IFP Advisors Inc now owns 4,899 shares of the information services provider’s stock valued at $192,000 after buying an additional 4,184 shares during the last quarter. Greenleaf Trust purchased a new stake in shares of JD.com during the second quarter valued at approximately $242,000. Envestnet Asset Management Inc. boosted its stake in shares of JD.com by 7.7% in the first quarter. Envestnet Asset Management Inc. now owns 6,498 shares of the information services provider’s stock valued at $202,000 after buying an additional 464 shares during the last quarter. Rehmann Capital Advisory Group purchased a new stake in shares of JD.com during the second quarter valued at approximately $267,000. Finally, Acadian Asset Management LLC purchased a new stake in shares of JD.com during the second quarter valued at approximately $280,000. 49.20% of the stock is currently owned by hedge funds and other institutional investors.

JD.com, Inc. (NASDAQ:JD) opened at 47.56 on Tuesday. The firm’s market capitalization is $67.51 billion. JD.com, Inc. has a 52-week low of $21.29 and a 52-week high of $47.95.

JD.com (NASDAQ:JD) last issued its earnings results on Monday, May 8th. The information services provider reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.13. JD.com had a negative net margin of 0.96% and a negative return on equity of 1.46%. The firm had revenue of $76.20 billion during the quarter, compared to the consensus estimate of $73.59 billion. During the same quarter in the prior year, the firm earned ($0.15) earnings per share. The business’s quarterly revenue was up 41.2% on a year-over-year basis. On average, equities analysts forecast that JD.com, Inc. will post $0.40 earnings per share for the current year.

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JD has been the topic of several recent research reports. Benchmark Co. initiated coverage on shares of JD.com in a research report on Tuesday, April 18th. They issued a “buy” rating and a $40.00 price target on the stock. Stifel Nicolaus lifted their price target on shares of JD.com from $38.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, May 9th. Cowen and Company lifted their price target on shares of JD.com from $30.00 to $40.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 9th. Vetr lowered shares of JD.com from a “buy” rating to a “hold” rating and set a $42.50 price target on the stock. in a research report on Wednesday, June 7th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $40.00 price target on shares of JD.com in a research report on Wednesday, May 10th. Seven equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $37.33.

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.

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

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