GRATRY & Co LLC Sells 830 Shares of JD.com, Inc. (JD)

GRATRY & Co LLC reduced its position in JD.com, Inc. (NASDAQ:JD) by 8.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,470 shares of the information services provider’s stock after selling 830 shares during the quarter. GRATRY & Co LLC’s holdings in JD.com were worth $332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the business. BlackRock Inc. increased its position in JD.com by 0.8% in the second quarter. BlackRock Inc. now owns 31,030,874 shares of the information services provider’s stock worth $1,217,028,000 after buying an additional 260,994 shares during the last quarter. State Street Corp increased its position in JD.com by 1.8% in the first quarter. State Street Corp now owns 10,732,241 shares of the information services provider’s stock worth $333,880,000 after buying an additional 194,084 shares during the last quarter. Fisher Asset Management LLC increased its position in JD.com by 5.9% in the second quarter. Fisher Asset Management LLC now owns 10,190,230 shares of the information services provider’s stock worth $399,661,000 after buying an additional 571,705 shares during the last quarter. FIL Ltd increased its position in JD.com by 36.1% in the second quarter. FIL Ltd now owns 9,860,118 shares of the information services provider’s stock worth $386,713,000 after buying an additional 2,616,886 shares during the last quarter. Finally, Coronation Fund Managers Ltd. increased its position in JD.com by 5.4% in the second quarter. Coronation Fund Managers Ltd. now owns 9,131,415 shares of the information services provider’s stock worth $358,134,000 after buying an additional 471,882 shares during the last quarter. 46.43% of the stock is owned by institutional investors and hedge funds.

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JD.com, Inc. (JD) traded up 0.454% during trading on Friday, reaching $38.685. The company had a trading volume of 7,454,828 shares. The firm’s market capitalization is $55.06 billion. The firm’s 50-day moving average price is $41.31 and its 200 day moving average price is $39.88. JD.com, Inc. has a one year low of $23.38 and a one year high of $48.99.

JD.com (NASDAQ:JD) last issued its quarterly earnings data on Monday, August 14th. The information services provider reported $0.02 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.02. The firm had revenue of $93.20 billion during the quarter, compared to analyst estimates of $89.35 billion. JD.com had a negative return on equity of 1.80% and a negative net margin of 0.95%. The business’s quarterly revenue was up 43.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.29 earnings per share. Equities analysts forecast that JD.com, Inc. will post $0.45 earnings per share for the current fiscal year.

A number of analysts have issued reports on JD shares. MKM Partners raised JD.com from a “neutral” rating to a “buy” rating and raised their target price for the stock from $33.00 to $51.00 in a research report on Wednesday, August 23rd. They noted that the move was a valuation call. Zacks Investment Research cut JD.com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 12th. J P Morgan Chase & Co lifted their price target on JD.com to $55.00 and gave the company a “positive” rating in a research report on Tuesday, August 15th. Vetr cut JD.com from a “buy” rating to a “hold” rating and set a $44.29 price target for the company. in a research report on Wednesday, September 13th. Finally, Instinet reiterated a “buy” rating on shares of JD.com in a research report on Saturday, July 22nd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and sixteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $43.97.

JD.com Company Profile

JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.

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

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