JD.com, Inc. (NASDAQ:JD) Shares Acquired by Signaturefd LLC

Signaturefd LLC grew its holdings in JD.com, Inc. (NASDAQ:JD) by 53.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 13,779 shares of the information services provider’s stock after buying an additional 4,821 shares during the quarter. Signaturefd LLC’s holdings in JD.com were worth $398,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. China Universal Asset Management Co. Ltd. grew its holdings in shares of JD.com by 146.3% in the third quarter. China Universal Asset Management Co. Ltd. now owns 1,754 shares of the information services provider’s stock valued at $51,000 after purchasing an additional 1,042 shares during the period. Mizuho Securities Co. Ltd. grew its holdings in shares of JD.com by 468.8% in the third quarter. Mizuho Securities Co. Ltd. now owns 1,820 shares of the information services provider’s stock valued at $53,000 after purchasing an additional 1,500 shares during the period. Spire Wealth Management grew its holdings in shares of JD.com by 81.3% in the third quarter. Spire Wealth Management now owns 2,166 shares of the information services provider’s stock valued at $63,000 after purchasing an additional 971 shares during the period. Compagnie Lombard Odier SCmA grew its holdings in shares of JD.com by 73.5% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 3,850 shares of the information services provider’s stock valued at $111,000 after purchasing an additional 1,631 shares during the period. Finally, ICICI Prudential Asset Management Co Ltd grew its holdings in shares of JD.com by 30.8% in the third quarter. ICICI Prudential Asset Management Co Ltd now owns 4,035 shares of the information services provider’s stock valued at $118,000 after purchasing an additional 949 shares during the period. 15.98% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on JD. JPMorgan Chase & Co. increased their target price on shares of JD.com from $25.00 to $28.00 and gave the stock a “hold” rating in a research note on Friday, April 5th. Morgan Stanley reaffirmed an “equal weight” rating and set a $27.00 target price on shares of JD.com in a research note on Thursday, April 18th. HSBC increased their target price on shares of JD.com from $38.00 to $39.00 and gave the stock a “buy” rating in a research note on Thursday, March 7th. Mizuho increased their target price on shares of JD.com from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Thursday, March 7th. Finally, StockNews.com raised shares of JD.com from a “hold” rating to a “buy” rating in a research note on Monday, April 8th. Six investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $35.60.

JD.com Trading Up 1.1 %

NASDAQ JD opened at $28.59 on Friday. The firm has a 50 day simple moving average of $25.79 and a 200-day simple moving average of $25.85. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.90 and a current ratio of 1.16. JD.com, Inc. has a one year low of $20.82 and a one year high of $41.95. The firm has a market cap of $45.09 billion, a price-to-earnings ratio of 13.42, a PEG ratio of 0.23 and a beta of 0.54.

JD.com (NASDAQ:JD) last posted its quarterly earnings data on Wednesday, March 6th. The information services provider reported $5.30 EPS for the quarter, beating the consensus estimate of $0.56 by $4.74. JD.com had a net margin of 2.22% and a return on equity of 10.87%. The business had revenue of $306.08 billion during the quarter, compared to analyst estimates of $300.21 billion. During the same quarter last year, the firm posted $0.54 earnings per share. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. Equities research analysts anticipate that JD.com, Inc. will post 2.85 EPS for the current fiscal year.

JD.com Dividend Announcement

The company also recently announced an annual dividend, which will be paid on Monday, April 29th. Investors of record on Friday, April 5th will be issued a $0.74 dividend. The ex-dividend date is Thursday, April 4th. This represents a yield of 2.99%. JD.com’s dividend payout ratio (DPR) is 34.74%.

About JD.com

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.