SeaBridge Investment Advisors LLC Has $1.53 Million Position in JD.com, Inc. (NASDAQ:JD)

SeaBridge Investment Advisors LLC boosted its stake in JD.com, Inc. (NASDAQ:JD) by 1.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,184 shares of the information services provider’s stock after purchasing an additional 310 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in JD.com were worth $1,531,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV boosted its holdings in JD.com by 1.3% in the second quarter. Mercer Global Advisors Inc. ADV now owns 13,642 shares of the information services provider’s stock worth $1,089,000 after acquiring an additional 176 shares in the last quarter. Cambridge Investment Research Advisors Inc. acquired a new position in JD.com during the second quarter worth $1,617,000. Nicholas Hoffman & Company LLC. bought a new position in shares of JD.com in the second quarter valued at $239,000. Mid Atlantic Financial Management Inc. ADV acquired a new position in shares of JD.com during the second quarter valued at about $202,000. Finally, Van ECK Associates Corp increased its position in shares of JD.com by 55.4% during the second quarter. Van ECK Associates Corp now owns 174,534 shares of the information services provider’s stock worth $13,929,000 after acquiring an additional 62,214 shares in the last quarter. 37.10% of the stock is owned by hedge funds and other institutional investors.

NASDAQ JD traded down $2.73 on Wednesday, hitting $75.17. 431,649 shares of the stock traded hands, compared to its average volume of 11,666,381. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.12 and a current ratio of 1.45. The business’s fifty day moving average is $73.43 and its two-hundred day moving average is $76.50. JD.com, Inc. has a 12 month low of $61.65 and a 12 month high of $108.29. The firm has a market capitalization of $100.69 billion, a price-to-earnings ratio of 22.65, a PEG ratio of 3.89 and a beta of 0.77.

JD.com (NASDAQ:JD) last posted its quarterly earnings results on Sunday, August 22nd. The information services provider reported $2.90 earnings per share for the quarter, topping the consensus estimate of $0.32 by $2.58. JD.com had a return on equity of 4.95% and a net margin of 4.23%. The company had revenue of $253.80 billion during the quarter, compared to the consensus estimate of $247.94 billion. During the same quarter in the prior year, the company earned $3.51 EPS. The firm’s quarterly revenue was up 26.2% compared to the same quarter last year. Analysts expect that JD.com, Inc. will post 0.77 EPS for the current fiscal year.

A number of analysts have commented on JD shares. CLSA decreased their price objective on JD.com from $110.00 to $102.00 and set a “buy” rating for the company in a report on Tuesday, August 24th. Benchmark cut their price objective on shares of JD.com from $112.00 to $102.00 and set a “buy” rating on the stock in a report on Tuesday, August 24th. Mizuho lowered their target price on shares of JD.com from $95.00 to $85.00 and set a “buy” rating for the company in a report on Tuesday, August 24th. HSBC cut their price target on shares of JD.com from $98.00 to $89.00 and set a “buy” rating on the stock in a report on Thursday, May 20th. Finally, Citigroup decreased their price objective on shares of JD.com from $115.00 to $108.00 and set a “buy” rating for the company in a research note on Monday, August 23rd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, JD.com presently has an average rating of “Buy” and an average price target of $100.70.

JD.com Company Profile

JD.com, Inc is a technology driven E-commerce company. It engages in the sale of electronics products and general merchandise products, including audio, video products, and books. The company operates through the JD Retail and New Businesses segments. The JD Retail segment offers online retail, online marketplace, and marketing services.

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

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