Pacer Advisors Inc. lessened its position in shares of JD.com, Inc. (NASDAQ:JD – Get Rating) by 10.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,899 shares of the information services provider’s stock after selling 1,572 shares during the quarter. Pacer Advisors Inc.’s holdings in JD.com were worth $780,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in JD. Guardian Wealth Advisors LLC purchased a new stake in shares of JD.com during the 3rd quarter valued at about $26,000. James Investment Research Inc. purchased a new stake in JD.com during the fourth quarter valued at approximately $29,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of JD.com in the 4th quarter valued at approximately $29,000. Harbor Investment Advisory LLC increased its position in shares of JD.com by 43.8% during the 4th quarter. Harbor Investment Advisory LLC now owns 667 shares of the information services provider’s stock valued at $37,000 after purchasing an additional 203 shares during the last quarter. Finally, Clear Street Markets LLC purchased a new stake in JD.com during the 3rd quarter valued at $63,000. Institutional investors own 17.71% of the company’s stock.
JD.com Trading Down 3.6 %
NASDAQ:JD opened at $34.23 on Wednesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.02 and a current ratio of 1.32. The firm has a 50-day simple moving average of $40.45 and a 200-day simple moving average of $49.26. JD.com, Inc. has a one year low of $33.17 and a one year high of $68.29. The firm has a market cap of $46.35 billion, a P/E ratio of 38.46 and a beta of 0.45.
JD.com Dividend Announcement
Wall Street Analyst Weigh In
A number of research firms have weighed in on JD. Loop Capital cut shares of JD.com from a “buy” rating to a “hold” rating and cut their price objective for the company from $82.00 to $49.00 in a research report on Thursday, March 30th. Susquehanna reduced their price objective on shares of JD.com from $62.00 to $45.00 in a research report on Monday, March 13th. Benchmark dropped their target price on JD.com from $100.00 to $76.00 and set a “buy” rating for the company in a research report on Friday, March 10th. Morgan Stanley decreased their price target on JD.com from $66.00 to $60.00 in a research note on Tuesday, April 11th. Finally, HSBC cut their price objective on JD.com from $82.00 to $70.00 and set a “buy” rating on the stock in a research report on Friday, March 10th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $62.67.
About JD.com
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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