JD.com, Inc. (NASDAQ:JD) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its stake in JD.com, Inc. (NASDAQ:JD – Get Rating) by 4.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,845 shares of the information services provider’s stock after selling 4,628 shares during the quarter. Commonwealth Equity Services LLC’s holdings in JD.com were worth $5,072,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Guardian Wealth Advisors LLC bought a new stake in JD.com in the third quarter worth about $26,000. Heritage Wealth Management LLC bought a new stake in JD.com in the second quarter worth about $38,000. Clear Street Markets LLC bought a new stake in JD.com in the third quarter worth about $63,000. 1832 Asset Management L.P. bought a new stake in JD.com in the first quarter worth about $64,000. Finally, Sargent Bickham Lagudis LLC raised its position in JD.com by 2,504.0% in the third quarter. Sargent Bickham Lagudis LLC now owns 1,302 shares of the information services provider’s stock worth $65,000 after acquiring an additional 1,252 shares in the last quarter. Institutional investors and hedge funds own 17.71% of the company’s stock.

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Analyst Ratings Changes

Several equities research analysts have commented on JD shares. Citigroup boosted their price target on shares of JD.com from $60.00 to $96.00 in a research report on Friday, January 6th. Barclays boosted their price objective on JD.com from $59.00 to $72.00 in a report on Monday, November 21st. Finally, Mizuho boosted their price objective on JD.com from $82.00 to $85.00 and gave the stock a “buy” rating in a report on Tuesday, February 7th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, JD.com currently has a consensus rating of “Moderate Buy” and a consensus target price of $79.91.

JD.com Trading Down 2.8 %

Shares of NASDAQ JD opened at $46.57 on Wednesday. The stock has a market cap of $63.07 billion, a price-to-earnings ratio of 517.50 and a beta of 0.48. The business has a 50 day simple moving average of $56.18 and a 200 day simple moving average of $53.90. JD.com, Inc. has a 52 week low of $33.17 and a 52 week high of $69.43. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.02 and a current ratio of 1.30.

About JD.com

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JD.com, Inc is a technology-driven E-commerce company. It engages in the sale of electronics products and general merchandise products, including audio, video products, and books. It operates through the following segments: JD Retail, JD Logistics, and New Businesses. The JD Retail segment offers online retail, online marketplace, and marketing services.

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