Schroder Investment Management Group Has $22.96 Million Stake in JD.com, Inc. $JD

Schroder Investment Management Group lifted its position in JD.com, Inc. (NASDAQ:JD) by 7.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 656,282 shares of the information services provider’s stock after buying an additional 48,039 shares during the quarter. Schroder Investment Management Group’s holdings in JD.com were worth $22,957,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in JD. Channing Global Advisors LLC raised its position in JD.com by 1.9% during the third quarter. Channing Global Advisors LLC now owns 17,291 shares of the information services provider’s stock valued at $605,000 after acquiring an additional 321 shares in the last quarter. SBI Securities Co. Ltd. lifted its stake in JD.com by 3.8% in the second quarter. SBI Securities Co. Ltd. now owns 8,876 shares of the information services provider’s stock valued at $290,000 after acquiring an additional 324 shares during the last quarter. Aaron Wealth Advisors LLC grew its position in JD.com by 6.0% in the third quarter. Aaron Wealth Advisors LLC now owns 6,630 shares of the information services provider’s stock worth $232,000 after acquiring an additional 374 shares in the last quarter. Assetmark Inc. increased its stake in shares of JD.com by 62.0% during 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 during the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its stake in shares of JD.com by 1.4% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 28,760 shares of the information services provider’s stock worth $1,006,000 after purchasing an additional 400 shares during the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on JD. Sanford C. Bernstein restated an “outperform” rating and set a $38.00 price target on shares of JD.com in a report on Friday, November 14th. Wall Street Zen downgraded shares of JD.com from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Nomura raised their target price on JD.com from $37.00 to $40.00 and gave the company a “buy” rating in a report on Monday. Barclays reduced their price target on JD.com from $41.00 to $34.00 and set an “overweight” rating for the company in a research report on Monday. Finally, Zacks Research upgraded JD.com from a “strong sell” rating to a “hold” rating in a research note on Monday, March 2nd. Eleven research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, JD.com has a consensus rating of “Moderate Buy” and a consensus price target of $36.36.

JD.com Stock Performance

JD opened at $27.94 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.22 and a debt-to-equity ratio of 0.21. The stock’s 50 day moving average price is $28.20 and its two-hundred day moving average price is $30.52. The firm has a market capitalization of $40.03 billion, a P/E ratio of 15.88, a price-to-earnings-growth ratio of 8.68 and a beta of 0.41. JD.com, Inc. has a 12-month low of $24.51 and a 12-month high of $45.75.

JD.com Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Wednesday, April 29th. Stockholders of record on Thursday, April 9th will be paid a $1.00 dividend. The ex-dividend date is Thursday, April 9th. This is a positive change from JD.com’s previous annual dividend of $0.76. This represents a dividend yield of 396.0%. JD.com’s dividend payout ratio is 55.68%.

JD.com 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.