JD.com, Inc. (NASDAQ:JD) Shares Acquired by EPIQ Capital Group LLC

EPIQ Capital Group LLC increased its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 3.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 108,069 shares of the information services provider’s stock after acquiring an additional 3,973 shares during the quarter. JD.com makes up approximately 1.0% of EPIQ Capital Group LLC’s holdings, making the stock its 15th biggest holding. EPIQ Capital Group LLC’s holdings in JD.com were worth $2,792,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. FIL Ltd boosted its holdings in shares of JD.com by 124.3% during the fourth quarter. FIL Ltd now owns 6,210,546 shares of the information services provider’s stock valued at $179,423,000 after acquiring an additional 3,441,605 shares during the period. Contrarius Investment Management Ltd acquired a new position in JD.com during the 4th quarter valued at about $9,384,000. Canada Pension Plan Investment Board grew its position in JD.com by 9.8% in the 1st quarter. Canada Pension Plan Investment Board now owns 1,456,263 shares of the information services provider’s stock worth $39,887,000 after purchasing an additional 129,763 shares during the last quarter. Carmignac Gestion increased its stake in shares of JD.com by 3.1% in the fourth quarter. Carmignac Gestion now owns 965,063 shares of the information services provider’s stock valued at $27,874,000 after purchasing an additional 29,159 shares during the period. Finally, GSA Capital Partners LLP raised its holdings in shares of JD.com by 234.0% during the fourth quarter. GSA Capital Partners LLP now owns 106,013 shares of the information services provider’s stock valued at $3,063,000 after buying an additional 74,269 shares during the last quarter. Institutional investors own 15.98% of the company’s stock.

Analyst Upgrades and Downgrades

JD has been the topic of several analyst reports. Barclays lowered their target price on JD.com from $41.00 to $40.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 16th. Benchmark lowered their price target on JD.com from $55.00 to $47.00 and set a “buy” rating on the stock in a report on Friday, August 16th. JPMorgan Chase & Co. raised shares of JD.com from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $33.00 to $36.00 in a report on Friday, August 16th. Susquehanna reissued a “neutral” rating and set a $28.00 target price on shares of JD.com in a research note on Monday, August 19th. Finally, Sanford C. Bernstein dropped their price target on shares of JD.com from $35.00 to $32.00 and set a “market perform” rating on the stock in a research report on Friday, August 16th. Four investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $36.93.

JD.com Price Performance

NASDAQ JD opened at $26.30 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.90 and a current ratio of 1.15. The stock has a market capitalization of $41.48 billion, a P/E ratio of 12.01 and a beta of 0.39. The business’s fifty day moving average is $26.55 and its two-hundred day moving average is $27.76. JD.com, Inc. has a 1 year low of $20.82 and a 1 year high of $35.69.

JD.com (NASDAQ:JD) last released its earnings results on Thursday, August 15th. The information services provider reported $9.36 earnings per share for the quarter, topping the consensus estimate of $0.79 by $8.57. JD.com had a net margin of 2.80% and a return on equity of 13.51%. The business had revenue of $291.40 billion for the quarter, compared to the consensus estimate of $291.01 billion. During the same period last year, the firm posted $0.68 earnings per share. The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. On average, research analysts forecast that JD.com, Inc. will post 3.74 earnings per share for the current fiscal year.

JD.com Company Profile

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.