BNP Paribas Has $338,000 Stock Holdings in JD.com, Inc. (NASDAQ:JD)

BNP Paribas lowered its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 5.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,504 shares of the information services provider’s stock after selling 500 shares during the period. BNP Paribas’ holdings in JD.com were worth $338,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Huntington National Bank grew its stake in JD.com by 32.1% during the third quarter. Huntington National Bank now owns 1,861 shares of the information services provider’s stock worth $74,000 after purchasing an additional 452 shares during the period. SRN Advisors LLC grew its stake in JD.com by 1.6% during the third quarter. SRN Advisors LLC now owns 32,200 shares of the information services provider’s stock worth $1,288,000 after purchasing an additional 516 shares during the period. Panagora Asset Management Inc. boosted its holdings in JD.com by 2.8% in the second quarter. Panagora Asset Management Inc. now owns 26,143 shares of the information services provider’s stock worth $676,000 after acquiring an additional 719 shares in the last quarter. V Square Quantitative Management LLC boosted its holdings in JD.com by 4.8% in the second quarter. V Square Quantitative Management LLC now owns 17,303 shares of the information services provider’s stock worth $447,000 after acquiring an additional 797 shares in the last quarter. Finally, Douglass Winthrop Advisors LLC boosted its holdings in JD.com by 4.0% in the third quarter. Douglass Winthrop Advisors LLC now owns 21,230 shares of the information services provider’s stock worth $849,000 after acquiring an additional 820 shares in the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Stock Performance

NASDAQ:JD opened at $37.19 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90. The business has a fifty day simple moving average of $38.77 and a two-hundred day simple moving average of $31.73. JD.com, Inc. has a 1 year low of $20.82 and a 1 year high of $47.82. The company has a market capitalization of $58.65 billion, a P/E ratio of 11.77, a P/E/G ratio of 0.28 and a beta of 0.41.

Analysts Set New Price Targets

Several research analysts have issued reports on JD shares. JPMorgan Chase & Co. increased their price target on JD.com from $40.00 to $50.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. Barclays increased their price target on JD.com from $40.00 to $50.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. Sanford C. Bernstein cut their price target on JD.com from $35.00 to $32.00 and set a “market perform” rating on the stock in a report on Friday, August 16th. Citigroup cut their price target on JD.com from $52.00 to $51.00 and set a “buy” rating on the stock in a report on Friday, November 15th. Finally, Benchmark reiterated a “buy” rating and issued a $47.00 price target on shares of JD.com in a report on Friday, November 15th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $40.36.

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.