JD.com, Inc. $JD Shares Purchased by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft boosted its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 220.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,133 shares of the information services provider’s stock after purchasing an additional 19,364 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in JD.com were worth $984,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stone House Investment Management LLC bought a new stake in shares of JD.com in the third quarter worth $35,000. Ameritas Advisory Services LLC acquired a new position in JD.com during the 2nd quarter worth $37,000. Golden State Wealth Management LLC increased its position in shares of JD.com by 657.9% in the 3rd quarter. Golden State Wealth Management LLC now owns 1,152 shares of the information services provider’s stock worth $40,000 after purchasing an additional 1,000 shares during the last quarter. Union Bancaire Privee UBP SA increased its position in shares of JD.com by 136.0% in the 3rd quarter. Union Bancaire Privee UBP SA now owns 1,180 shares of the information services provider’s stock worth $41,000 after purchasing an additional 680 shares during the last quarter. Finally, Allworth Financial LP raised its stake in shares of JD.com by 158.4% in the 2nd quarter. Allworth Financial LP now owns 1,354 shares of the information services provider’s stock valued at $44,000 after purchasing an additional 830 shares in the last quarter. 15.98% of the stock is currently owned by hedge funds and other institutional investors.

JD.com Trading Down 0.3%

Shares of NASDAQ:JD opened at $28.27 on Thursday. The company has a quick ratio of 0.88, a current ratio of 1.20 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average price is $29.10 and its 200 day moving average price is $31.19. The company has a market cap of $40.50 billion, a PE ratio of 9.62, a P/E/G ratio of 6.07 and a beta of 0.41. JD.com, Inc. has a fifty-two week low of $27.16 and a fifty-two week high of $46.44.

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

Analyst Upgrades and Downgrades

Several analysts recently weighed in on JD shares. Arete Research set a $32.00 price objective on JD.com in a report on Tuesday, December 9th. Bank of America lowered their price target on JD.com from $38.00 to $36.00 and set a “buy” rating for the company in a report on Monday, January 26th. Wall Street Zen cut JD.com from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. Sanford C. Bernstein reiterated an “outperform” rating and set a $38.00 target price on shares of JD.com in a research note on Friday, November 14th. Finally, Morgan Stanley reduced their price target on shares of JD.com from $28.00 to $24.00 and set an “underweight” rating on the stock in a research report on Wednesday, January 14th. Eleven analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, JD.com presently has an average rating of “Moderate Buy” and an average price target of $38.71.

JD.com Company 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.