Trilogy Capital Inc. Sells 94,199 Shares of JD.com, Inc. $JD

Trilogy Capital Inc. lowered its position in shares of JD.com, Inc. (NASDAQ:JD) by 28.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 240,204 shares of the information services provider’s stock after selling 94,199 shares during the period. Trilogy Capital Inc.’s holdings in JD.com were worth $7,103,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. lifted its stake in JD.com by 0.6% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 56,912 shares of the information services provider’s stock worth $1,633,000 after purchasing an additional 354 shares in the last quarter. Synergy Financial Group LTD grew its position in shares of JD.com by 4.5% during the 4th quarter. Synergy Financial Group LTD now owns 8,763 shares of the information services provider’s stock valued at $251,000 after purchasing an additional 378 shares in the last quarter. Texas Yale Capital Corp. grew its position in shares of JD.com by 2.9% during the 4th quarter. Texas Yale Capital Corp. now owns 14,008 shares of the information services provider’s stock valued at $402,000 after purchasing an additional 400 shares in the last quarter. Prelude Capital Management LLC increased its holdings in shares of JD.com by 1.0% in the third quarter. Prelude Capital Management LLC now owns 40,403 shares of the information services provider’s stock worth $1,413,000 after purchasing an additional 403 shares during the period. Finally, Anchyra Partners LLC increased its holdings in shares of JD.com by 5.8% in the first quarter. Anchyra Partners LLC now owns 7,413 shares of the information services provider’s stock worth $219,000 after purchasing an additional 404 shares during the period. Institutional investors own 15.98% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on JD shares. Barclays lifted their price objective on JD.com from $41.00 to $43.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Benchmark upped their target price on JD.com from $38.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Daiwa Securities Group reaffirmed a “hold” rating and issued a $27.00 price target on shares of JD.com in a report on Tuesday, June 23rd. Zacks Research raised JD.com from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. Finally, Sanford C. Bernstein boosted their price objective on JD.com from $36.00 to $40.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Nine analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, JD.com currently has an average rating of “Moderate Buy” and an average price target of $37.62.

JD.com Price Performance

JD opened at $25.39 on Friday. 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 stock has a market capitalization of $31.69 billion, a P/E ratio of 19.84 and a beta of 0.39. The stock has a 50-day moving average price of $29.63 and a 200-day moving average price of $28.92. JD.com, Inc. has a 12-month low of $24.51 and a 12-month high of $36.86.

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

JD.com 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.