JD.com (NASDAQ:JD) Position Lessened by Jefferies Group LLC

Jefferies Group LLC cut its holdings in shares of JD.com (NASDAQ:JD) by 2.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 81,467 shares of the information services provider’s stock after selling 2,391 shares during the period. Jefferies Group LLC’s holdings in JD.com were worth $3,374,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Rovida Advisors Inc. acquired a new stake in shares of JD.com during the third quarter valued at approximately $43,403,000. Russell Investments Group Ltd. raised its holdings in shares of JD.com by 38.4% during the third quarter. Russell Investments Group Ltd. now owns 2,297,335 shares of the information services provider’s stock valued at $87,748,000 after acquiring an additional 637,176 shares during the period. CIBC Asset Management Inc raised its holdings in shares of JD.com by 4.3% during the fourth quarter. CIBC Asset Management Inc now owns 47,332 shares of the information services provider’s stock valued at $1,960,000 after acquiring an additional 1,932 shares during the period. Candriam Luxembourg S.C.A. raised its holdings in shares of JD.com by 26.8% during the third quarter. Candriam Luxembourg S.C.A. now owns 143,610 shares of the information services provider’s stock valued at $5,486,000 after acquiring an additional 30,310 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of JD.com by 14.4% during the third quarter. Ameriprise Financial Inc. now owns 2,742,240 shares of the information services provider’s stock valued at $104,753,000 after acquiring an additional 346,154 shares during the period. 43.58% of the stock is owned by institutional investors and hedge funds.

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JD.com stock traded down $1.41 during trading hours on Monday, hitting $39.08. The company had a trading volume of 14,018,412 shares, compared to its average volume of 14,522,706. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.62 and a current ratio of 0.97. The firm has a market cap of $57,656.30, a PE ratio of 3,908.00, a P/E/G ratio of 9.78 and a beta of 1.61. JD.com has a fifty-two week low of $31.23 and a fifty-two week high of $50.68.

JD.com (NASDAQ:JD) last posted its earnings results on Friday, March 2nd. The information services provider reported ($0.10) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.06). The business had revenue of $110,165.33 billion during the quarter, compared to the consensus estimate of $108.88 billion. JD.com had a positive return on equity of 2.38% and a negative net margin of 0.05%. The business’s revenue was up 38.7% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.40) earnings per share. equities analysts anticipate that JD.com will post 0.18 EPS for the current fiscal year.

A number of equities research analysts have recently issued reports on JD shares. Stifel Nicolaus restated a “buy” rating on shares of JD.com in a report on Friday, March 2nd. JPMorgan Chase cut their price target on shares of JD.com from $50.00 to $48.00 and set an “overweight” rating on the stock in a report on Monday, March 5th. Zacks Investment Research upgraded shares of JD.com from a “hold” rating to a “strong-buy” rating and set a $50.00 price target on the stock in a report on Wednesday, February 14th. Vetr lowered shares of JD.com from a “buy” rating to a “hold” rating and set a $48.25 price target on the stock. in a report on Wednesday, January 17th. Finally, BidaskClub lowered shares of JD.com from a “hold” rating to a “sell” rating in a report on Friday. One analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $48.91.

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JD.com Company Profile

JD.com, Inc, through its subsidiaries, operates as an e-commerce company in the People's Republic of China. The company operates in two segments, JD Mall and New Businesses. It sells mobile handsets, consumer electronics products, and auto parts and accessories; home appliances; and general merchandise products directly to customers through its Website jd.com and mobile applications.

Institutional Ownership by Quarter for JD.com (NASDAQ:JD)

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