JD.com, Inc. (NASDAQ:JD) Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its holdings in JD.com, Inc. (NASDAQ:JD) by 14.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,801,669 shares of the information services provider’s stock after purchasing an additional 487,969 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.24% of JD.com worth $156,325,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in JD. FMR LLC grew its position in JD.com by 86.2% during the 4th quarter. FMR LLC now owns 28,447,641 shares of the information services provider’s stock worth $986,280,000 after purchasing an additional 13,170,649 shares during the last quarter. CoreView Capital Management Ltd lifted its stake in shares of JD.com by 204.8% during the fourth quarter. CoreView Capital Management Ltd now owns 6,399,711 shares of the information services provider’s stock worth $221,878,000 after buying an additional 4,299,872 shares during the period. Appaloosa LP grew its holdings in shares of JD.com by 43.4% during the fourth quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider’s stock valued at $362,852,000 after buying an additional 3,165,885 shares during the last quarter. Voya Investment Management LLC purchased a new stake in shares of JD.com during the fourth quarter valued at $109,665,000. Finally, Aspex Management HK Ltd acquired a new position in shares of JD.com in the 4th quarter valued at $93,562,000. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Stock Performance

Shares of NASDAQ JD opened at $32.94 on Thursday. The company has a market capitalization of $51.95 billion, a PE ratio of 8.01, a price-to-earnings-growth ratio of 1.06 and a beta of 0.48. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.92 and a current ratio of 1.26. The company’s fifty day moving average price is $33.44 and its 200 day moving average price is $37.03. JD.com, Inc. has a 1 year low of $24.13 and a 1 year high of $47.82.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of JD.com in a research report on Friday, March 7th. Arete Research upgraded JD.com to a “hold” rating in a research note on Tuesday. Citigroup reaffirmed a “buy” rating and set a $51.00 target price (down previously from $56.00) on shares of JD.com in a report on Monday, April 28th. Bank of America cut their price target on shares of JD.com from $51.00 to $48.00 and set a “buy” rating on the stock in a report on Wednesday, April 16th. Finally, Benchmark reduced their price target on shares of JD.com from $58.00 to $53.00 and set a “buy” rating for the company in a research report on Wednesday, May 14th. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $46.23.

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.