JD.Com Inc (NASDAQ:JD) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado trimmed its holdings in shares of JD.Com Inc (NASDAQ:JD) by 14.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 680,600 shares of the information services provider’s stock after selling 114,900 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in JD.Com were worth $20,615,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. NEXT Financial Group Inc acquired a new position in JD.Com during the second quarter valued at approximately $25,000. Nelson Van Denburg & Campbell Wealth Management Group LLC acquired a new position in JD.Com during the first quarter valued at approximately $51,000. Rehmann Capital Advisory Group lifted its position in JD.Com by 233.6% during the first quarter. Rehmann Capital Advisory Group now owns 2,132 shares of the information services provider’s stock valued at $64,000 after buying an additional 1,493 shares in the last quarter. Synovus Financial Corp lifted its position in JD.Com by 50.5% during the first quarter. Synovus Financial Corp now owns 2,146 shares of the information services provider’s stock valued at $64,000 after buying an additional 720 shares in the last quarter. Finally, AlphaMark Advisors LLC lifted its position in JD.Com by 57.1% during the first quarter. AlphaMark Advisors LLC now owns 3,535 shares of the information services provider’s stock valued at $107,000 after buying an additional 1,285 shares in the last quarter. 48.93% of the stock is currently owned by hedge funds and other institutional investors.

Shares of JD traded down $0.11 during mid-day trading on Wednesday, reaching $30.55. 936,644 shares of the stock traded hands, compared to its average volume of 15,715,436. The stock has a market cap of $34.37 billion, a price-to-earnings ratio of -1,014.00 and a beta of 1.42. The firm has a fifty day moving average of $30.01. JD.Com Inc has a 12-month low of $19.21 and a 12-month high of $34.59. The company has a current ratio of 0.83, a quick ratio of 0.49 and a debt-to-equity ratio of 0.21.



JD.Com (NASDAQ:JD) last issued its quarterly earnings results on Tuesday, August 13th. The information services provider reported $2.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $2.25. The business had revenue of $150.28 billion during the quarter, compared to analyst estimates of $147.44 billion. JD.Com had a net margin of 0.69% and a return on equity of 0.46%. The business’s revenue was up 22.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.33 earnings per share. As a group, research analysts predict that JD.Com Inc will post 0.54 earnings per share for the current year.

A number of brokerages have weighed in on JD. CICC Research raised shares of JD.Com from a “hold” rating to a “buy” rating and set a $27.66 price target on the stock in a research report on Monday, May 13th. Stifel Nicolaus reiterated a “hold” rating and set a $35.00 price objective on shares of JD.Com in a research note on Tuesday. Nomura upgraded shares of JD.Com from a “neutral” rating to a “buy” rating and set a $29.81 price objective on the stock in a research note on Wednesday, May 15th. BidaskClub lowered shares of JD.Com from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, Citigroup reiterated a “buy” rating and set a $43.00 price objective (up previously from $41.00) on shares of JD.Com in a research note on Wednesday. Eleven equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $33.13.

JD.Com Company 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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