L1 Capital Pty Ltd Acquires Shares of 730,264 JD.com, Inc. $JD

L1 Capital Pty Ltd acquired a new stake in JD.com, Inc. (NASDAQ:JD) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 730,264 shares of the information services provider’s stock, valued at approximately $20,959,000. JD.com makes up about 1.1% of L1 Capital Pty Ltd’s portfolio, making the stock its 15th largest position.

Several other hedge funds have also made changes to their positions in the business. Polymer Capital Management HK LTD boosted its stake in shares of JD.com by 1,900.0% during the fourth quarter. Polymer Capital Management HK LTD now owns 120,000 shares of the information services provider’s stock worth $3,444,000 after buying an additional 114,000 shares during the period. Solstein Capital LLC boosted its stake in shares of JD.com by 74.4% during the fourth quarter. Solstein Capital LLC now owns 13,439 shares of the information services provider’s stock worth $386,000 after buying an additional 5,735 shares during the period. Quadrant Capital Group LLC boosted its stake in shares of JD.com by 333.9% during the fourth quarter. Quadrant Capital Group LLC now owns 20,643 shares of the information services provider’s stock worth $592,000 after buying an additional 15,885 shares during the period. Advisors Asset Management Inc. boosted its stake in shares of JD.com by 13.5% during the fourth quarter. Advisors Asset Management Inc. now owns 36,320 shares of the information services provider’s stock worth $1,042,000 after buying an additional 4,312 shares during the period. Finally, DRW Securities LLC acquired a new stake in shares of JD.com during the fourth quarter worth about $275,000. Institutional investors and hedge funds own 15.98% of the company’s stock.

Wall Street Analyst Weigh In

JD has been the subject of several recent research reports. UBS Group reiterated a “buy” rating on shares of JD.com in a research note on Friday, March 6th. Morgan Stanley increased their target price on shares of JD.com from $25.00 to $27.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 13th. Weiss Ratings upgraded shares of JD.com from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, April 27th. Arete Research set a $37.00 target price on shares of JD.com in a research note on Friday, April 17th. Finally, Sanford C. Bernstein increased their target price on shares of JD.com from $36.00 to $40.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Nine research 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $38.50.

JD.com Price Performance

JD stock opened at $28.56 on Friday. The firm has a 50 day moving average of $30.09 and a 200-day moving average of $29.11. JD.com, Inc. has a 12-month low of $24.51 and a 12-month high of $36.86. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 0.22. The company has a market cap of $35.65 billion, a price-to-earnings ratio of 22.31 and a beta of 0.39.

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

Key Stories Impacting JD.com

Here are the key news stories impacting JD.com this week:

• Positive Sentiment: JD.com is expanding its omnichannel strategy by opening its first physical JD Mall in Hong Kong, a move that could strengthen its brand, broaden revenue channels, and support long-term growth. JD.com Tests Omnichannel Ambitions With First Hong Kong JD Mall
• Positive Sentiment: Several recent market-commentary pieces argued that JD.com still looks attractively valued, suggesting investors may see upside if earnings hold up and sentiment toward Chinese e-commerce improves. JD.com: This Chinese E-Commerce Giant Is Still On Sale
• Neutral Sentiment: Analyst-style commentary questioned whether JD.com is a good stock to buy now, but this appears to be a valuation-focused opinion piece rather than a material company-specific catalyst. Is JD.com, Inc. (JD) A Good Stock To Buy Now?
• Negative Sentiment: JD.com was named in a securities-fraud investigation notice from multiple law firms, which can weigh on shares by creating legal overhang and investor uncertainty. JD.com, Inc. (JD) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
• Negative Sentiment: China’s latest warning on misleading ads and discount campaigns has pressured JD.com and other e-commerce names, reinforcing concerns that regulators may curb aggressive promotional tactics. Alibaba, JD.com shares fall as Beijing rebukes misleading discount campaigns

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.