JD.com, Inc. $JD Shares Sold by Morningstar Investment Management LLC

Morningstar Investment Management LLC lowered its position in shares of JD.com, Inc. (NASDAQ:JD) by 43.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 95,863 shares of the information services provider’s stock after selling 74,930 shares during the quarter. Morningstar Investment Management LLC’s holdings in JD.com were worth $2,751,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its position in JD.com by 59.3% during the 4th quarter. Hantz Financial Services Inc. now owns 27,160 shares of the information services provider’s stock worth $779,000 after acquiring an additional 10,111 shares during the period. Prospera Financial Services Inc lifted its position in JD.com by 15.5% during the 4th quarter. Prospera Financial Services Inc now owns 20,713 shares of the information services provider’s stock worth $594,000 after acquiring an additional 2,783 shares during the period. Guinness Asset Management LTD lifted its position in JD.com by 10.9% during the 4th quarter. Guinness Asset Management LTD now owns 5,443 shares of the information services provider’s stock worth $159,000 after acquiring an additional 533 shares during the period. LSV Asset Management lifted its position in JD.com by 155.0% during the 4th quarter. LSV Asset Management now owns 5,100 shares of the information services provider’s stock worth $146,000 after acquiring an additional 3,100 shares during the period. Finally, Banque Cantonale Vaudoise lifted its position in JD.com by 51.3% during the 4th quarter. Banque Cantonale Vaudoise now owns 72,051 shares of the information services provider’s stock worth $2,068,000 after acquiring an additional 24,426 shares during the period. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Stock Performance

NASDAQ JD opened at $30.52 on Monday. The stock has a 50-day simple moving average of $29.87 and a two-hundred day simple moving average of $29.24. The firm has a market capitalization of $43.72 billion, a P/E ratio of 23.84 and a beta of 0.41. JD.com, Inc. has a fifty-two week low of $24.51 and a fifty-two week high of $36.86. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.87 and a current ratio of 1.18.

JD.com (NASDAQ:JD) last released its quarterly earnings data on Tuesday, March 31st. The information services provider reported $0.37 earnings per share for the quarter. The business had revenue of $45.79 billion during the quarter. JD.com had a return on equity of 5.90% and a net margin of 1.04%. On average, equities analysts forecast that JD.com, Inc. will post 2.66 earnings per share for the current year.

JD.com Increases Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, April 29th. Investors of record on Thursday, April 9th were paid a $1.00 dividend. The ex-dividend date was Thursday, April 9th. This represents a dividend yield of 353.0%. This is a boost from JD.com’s previous annual dividend of $0.76. JD.com’s dividend payout ratio (DPR) is presently 76.56%.

Analysts Set New Price Targets

A number of analysts have commented on the company. Barclays lifted their price target on JD.com from $41.00 to $43.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Citigroup lifted their price objective on JD.com from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Susquehanna lifted their price objective on JD.com from $30.00 to $35.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Arete Research set a $37.00 price objective on JD.com in a research note on Friday, April 17th. Finally, Sanford C. Bernstein lifted their price objective on JD.com from $36.00 to $40.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $38.77.

JD.com Company Profile

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.