Ieq Capital LLC lowered its stake in shares of JD.Com Inc (NASDAQ:JD) by 2.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,103 shares of the information services provider’s stock after selling 264 shares during the quarter. Ieq Capital LLC’s holdings in JD.Com were worth $409,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of JD. Anderson Fisher LLC acquired a new stake in JD.Com in the fourth quarter worth about $27,000. Candriam Luxembourg S.C.A. raised its stake in shares of JD.Com by 342.9% in the fourth quarter. Candriam Luxembourg S.C.A. now owns 674,425 shares of the information services provider’s stock worth $28,000 after purchasing an additional 522,138 shares during the last quarter. Eudaimonia Partners LLC purchased a new position in JD.Com during the first quarter valued at approximately $34,000. Capital Square LLC purchased a new position in JD.Com during the first quarter valued at approximately $36,000. Finally, Nkcfo LLC purchased a new position in JD.Com during the first quarter valued at approximately $36,000. 40.80% of the stock is owned by institutional investors and hedge funds.

Several analysts have commented on JD shares. Cfra started coverage on JD.Com in a report on Monday, May 4th. They issued a “buy” rating and a $48.00 price objective on the stock. Zacks Investment Research raised JD.Com from a “sell” rating to a “hold” rating in a report on Saturday, March 21st. Morgan Stanley lowered JD.Com from an “overweight” rating to an “equal weight” rating in a report on Wednesday, April 15th. JPMorgan Chase & Co. raised their price objective on JD.Com from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Tuesday, March 3rd. Finally, Susquehanna Bancshares raised their price objective on JD.Com from $35.00 to $45.00 in a report on Tuesday, March 3rd. Six equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $47.03.

Shares of NASDAQ JD traded up $1.89 during trading hours on Friday, reaching $50.85. The stock had a trading volume of 39,737,706 shares, compared to its average volume of 16,840,807. The firm has a market cap of $68.25 billion, a price-to-earnings ratio of 42.38 and a beta of 0.89. The company has a current ratio of 0.99, a quick ratio of 0.58 and a debt-to-equity ratio of 0.18. JD.Com Inc has a fifty-two week low of $25.48 and a fifty-two week high of $51.01. The firm has a 50-day moving average of $43.44 and a 200-day moving average of $38.52.

JD.Com (NASDAQ:JD) last announced its earnings results on Monday, March 2nd. The information services provider reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.57. The firm had revenue of $170.68 billion during the quarter, compared to analysts’ expectations of $166.73 billion. JD.Com had a return on equity of 9.42% and a net margin of 2.15%. The business’s revenue was up 26.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.51 EPS. On average, equities analysts predict that JD.Com Inc will post 0.42 EPS for the current year.

JD.Com Profile

JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.

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

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