JD.com, Inc. $JD Shares Sold by Clearbridge Investments LLC

Clearbridge Investments LLC decreased its stake in JD.com, Inc. (NASDAQ:JD) by 5.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 996,855 shares of the information services provider’s stock after selling 61,200 shares during the quarter. Clearbridge Investments LLC’s holdings in JD.com were worth $28,610,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Dodge & Cox grew its position in shares of JD.com by 0.5% in the third quarter. Dodge & Cox now owns 18,792,249 shares of the information services provider’s stock valued at $657,353,000 after purchasing an additional 86,300 shares during the period. Robeco Institutional Asset Management B.V. grew its position in shares of JD.com by 11.6% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 4,441,095 shares of the information services provider’s stock valued at $127,459,000 after purchasing an additional 463,033 shares during the period. Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of JD.com by 17.5% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,840,591 shares of the information services provider’s stock valued at $134,344,000 after purchasing an additional 572,456 shares during the period. SIH Partners LLLP grew its position in shares of JD.com by 47.1% in the third quarter. SIH Partners LLLP now owns 2,866,236 shares of the information services provider’s stock valued at $100,261,000 after purchasing an additional 917,569 shares during the period. Finally, Maple Rock Capital Partners Inc. grew its position in shares of JD.com by 21.3% in the third quarter. Maple Rock Capital Partners Inc. now owns 2,244,062 shares of the information services provider’s stock valued at $78,497,000 after purchasing an additional 394,738 shares during the period. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Stock Performance

JD opened at $28.73 on Wednesday. The firm has a market capitalization of $35.86 billion, a PE ratio of 22.45 and a beta of 0.39. JD.com, Inc. has a twelve month low of $24.51 and a twelve month high of $36.86. The firm’s 50-day moving average price is $30.13 and its 200 day moving average price is $29.12. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 0.22.

JD.com (NASDAQ:JD) last posted its quarterly earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share for the quarter. The firm had revenue of $45.79 billion for the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.90%. As a group, sell-side analysts expect that JD.com, Inc. will post 2.71 EPS for the current fiscal year.

Wall Street Analyst Weigh In

JD has been the topic of several research analyst reports. Arete Research set a $37.00 target price on shares of JD.com in a research report on Friday, April 17th. Morgan Stanley lifted their target price on shares of JD.com from $25.00 to $27.00 and gave the company an “underweight” rating in a research report on Wednesday, May 13th. UBS Group restated a “buy” rating on shares of JD.com in a research report on Friday, March 6th. Sanford C. Bernstein boosted their price target on shares of JD.com from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings upgraded shares of JD.com from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, April 27th. Nine analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $38.50.

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.