JD.com, Inc. $JD Shares Purchased by IFP Advisors Inc

IFP Advisors Inc lifted its position in JD.com, Inc. (NASDAQ:JD) by 1,210.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,913 shares of the information services provider’s stock after acquiring an additional 4,538 shares during the period. IFP Advisors Inc’s holdings in JD.com were worth $160,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Dodge & Cox boosted its stake in shares of JD.com by 8.0% in the first quarter. Dodge & Cox now owns 18,062,949 shares of the information services provider’s stock worth $742,748,000 after acquiring an additional 1,339,508 shares during the last quarter. Invesco Ltd. boosted its stake in shares of JD.com by 2.0% in the first quarter. Invesco Ltd. now owns 15,417,939 shares of the information services provider’s stock worth $633,986,000 after acquiring an additional 295,900 shares during the last quarter. Voya Investment Management LLC boosted its stake in shares of JD.com by 63.8% in the first quarter. Voya Investment Management LLC now owns 5,181,775 shares of the information services provider’s stock worth $213,075,000 after acquiring an additional 2,018,675 shares during the last quarter. Hhlr Advisors LTD. boosted its stake in shares of JD.com by 184.7% in the first quarter. Hhlr Advisors LTD. now owns 4,811,700 shares of the information services provider’s stock worth $197,857,000 after acquiring an additional 3,121,700 shares during the last quarter. Finally, Alkeon Capital Management LLC boosted its stake in shares of JD.com by 19.8% in the first quarter. Alkeon Capital Management LLC now owns 4,523,802 shares of the information services provider’s stock worth $186,019,000 after acquiring an additional 746,530 shares during the last quarter. 15.98% of the stock is owned by institutional investors and hedge funds.

JD.com Price Performance

NASDAQ:JD opened at $33.07 on Friday. JD.com, Inc. has a 52 week low of $29.90 and a 52 week high of $46.44. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $47.37 billion, a P/E ratio of 9.29, a P/E/G ratio of 3.57 and a beta of 0.39. The stock’s fifty day moving average is $33.14 and its two-hundred day moving average is $33.34.

Analyst Ratings Changes

JD has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of JD.com in a research note on Wednesday, October 8th. Arete upgraded JD.com from a “sell” rating to a “buy” rating and set a $41.00 price objective on the stock in a research report on Friday, September 26th. Citigroup assumed coverage on JD.com in a research report on Monday, August 11th. They set a “buy” rating and a $42.00 price objective on the stock. Zacks Research upgraded JD.com from a “strong sell” rating to a “hold” rating in a research report on Monday, September 8th. Finally, Bank of America reduced their price objective on JD.com from $44.00 to $37.00 and set a “buy” rating on the stock in a research report on Monday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $42.86.

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.