American Century Companies Inc. Has $3.27 Million Stake in JD.com, Inc. $JD

American Century Companies Inc. boosted its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 21.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,143 shares of the information services provider’s stock after buying an additional 17,949 shares during the period. American Century Companies Inc.’s holdings in JD.com were worth $3,269,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of JD. Nordea Investment Management AB grew its holdings in shares of JD.com by 2.3% in the 2nd quarter. Nordea Investment Management AB now owns 624,424 shares of the information services provider’s stock worth $20,291,000 after purchasing an additional 13,755 shares during the last quarter. Exchange Traded Concepts LLC boosted its position in JD.com by 42.6% in the second quarter. Exchange Traded Concepts LLC now owns 115,817 shares of the information services provider’s stock valued at $3,780,000 after buying an additional 34,585 shares in the last quarter. Perpetual Ltd grew its stake in JD.com by 2.4% during the second quarter. Perpetual Ltd now owns 572,843 shares of the information services provider’s stock worth $18,698,000 after buying an additional 13,587 shares during the last quarter. Royal Bank of Canada grew its stake in JD.com by 4.5% during the first quarter. Royal Bank of Canada now owns 346,344 shares of the information services provider’s stock worth $14,241,000 after buying an additional 15,000 shares during the last quarter. Finally, Range Financial Group LLC increased its holdings in shares of JD.com by 38.0% during the second quarter. Range Financial Group LLC now owns 46,923 shares of the information services provider’s stock worth $1,532,000 after buying an additional 12,920 shares in the last quarter. Institutional investors own 15.98% of the company’s stock.

JD.com Price Performance

Shares of JD stock opened at $29.70 on Wednesday. The firm’s 50 day moving average price is $31.90 and its two-hundred day moving average price is $32.37. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.88 and a current ratio of 1.20. JD.com, Inc. has a 52-week low of $28.21 and a 52-week high of $46.44. The stock has a market cap of $42.55 billion, a PE ratio of 10.10, a PEG ratio of 6.73 and a beta of 0.40.

JD.com (NASDAQ:JD) last posted its quarterly earnings results on Thursday, November 13th. The information services provider reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.08. JD.com had a return on equity of 10.99% and a net margin of 2.46%.The company had revenue of $41.98 billion for the quarter, compared to the consensus estimate of $40.87 billion. During the same quarter in the prior year, the business posted $8.68 EPS. The firm’s quarterly revenue was up 14.9% on a year-over-year basis. As a group, analysts forecast that JD.com, Inc. will post 3.91 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on JD. Weiss Ratings reissued a “hold (c-)” rating on shares of JD.com in a report on Monday. Zacks Research raised JD.com from a “strong sell” rating to a “hold” rating in a research note on Monday, September 8th. Mizuho set a $41.00 target price on JD.com in a report on Wednesday, October 22nd. Bank of America cut their price target on JD.com from $39.00 to $38.00 and set a “buy” rating for the company in a report on Friday, November 14th. Finally, Morgan Stanley downgraded shares of JD.com from an “equal weight” rating to an “underweight” rating and set a $28.00 price target on the stock. in a research report on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, JD.com has a consensus rating of “Moderate Buy” and a consensus price target of $39.14.

JD.com Profile

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.