JD.com, Inc. $JD Shares Sold by Profund Advisors LLC

Profund Advisors LLC cut its stake in JD.com, Inc. (NASDAQ:JD) by 18.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,267 shares of the information services provider’s stock after selling 20,117 shares during the period. Profund Advisors LLC’s holdings in JD.com were worth $2,476,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of JD. Binnacle Investments Inc boosted its stake in JD.com by 365.8% in the 3rd quarter. Binnacle Investments Inc now owns 750 shares of the information services provider’s stock worth $26,000 after purchasing an additional 589 shares in the last quarter. Assetmark Inc. boosted its stake in JD.com by 62.0% in the 3rd quarter. Assetmark Inc. now owns 1,043 shares of the information services provider’s stock worth $36,000 after purchasing an additional 399 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in JD.com by 657.9% in the 3rd quarter. Golden State Wealth Management LLC now owns 1,152 shares of the information services provider’s stock worth $40,000 after purchasing an additional 1,000 shares in the last quarter. Wexford Capital LP acquired a new stake in JD.com in the 3rd quarter worth approximately $43,000. Finally, Strengthening Families & Communities LLC acquired a new stake in JD.com in the 4th quarter worth approximately $49,000. 15.98% of the stock is currently owned by institutional investors and hedge funds.

JD.com Stock Performance

JD opened at $32.38 on Wednesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.18 and a quick ratio of 0.87. The firm has a fifty day moving average price of $29.65 and a 200 day moving average price of $29.28. JD.com, Inc. has a 1 year low of $24.51 and a 1 year high of $36.86. The stock has a market cap of $46.39 billion, a P/E ratio of 25.30 and a beta of 0.41.

JD.com (NASDAQ:JD) last posted its earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share (EPS) for the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.90%. The firm had revenue of $45.79 billion during the quarter. Equities research analysts anticipate that JD.com, Inc. will post 2.66 earnings per share for the current year.

JD.com Increases Dividend

The company also recently announced an annual dividend, which was paid on Wednesday, April 29th. Investors of record on Thursday, April 9th were paid a $1.00 dividend. The ex-dividend date was Thursday, April 9th. This represents a dividend yield of 353.0%. This is an increase from JD.com’s previous annual dividend of $0.76. JD.com’s dividend payout ratio (DPR) is presently 76.56%.

Analyst Ratings Changes

Several analysts have commented on the stock. Benchmark lifted their price objective on shares of JD.com from $38.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Barclays lifted their price objective on shares of JD.com from $41.00 to $43.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Citigroup lifted their price objective on shares of JD.com from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Zacks Research upgraded shares of JD.com from a “strong sell” rating to a “hold” rating in a research note on Monday, March 2nd. Finally, Morgan Stanley lifted their price objective on shares of JD.com from $25.00 to $27.00 and gave the company an “underweight” rating in a research note on Wednesday, May 13th. Ten equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $38.77.

JD.com Company Profile

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.