JD.com, Inc. $JD Shares Sold by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise lessened its position in JD.com, Inc. (NASDAQ:JD) by 49.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,582 shares of the information services provider’s stock after selling 35,469 shares during the period. Banque Cantonale Vaudoise’s holdings in JD.com were worth $1,082,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Binnacle Investments Inc boosted its position in shares of JD.com by 365.8% during the 3rd quarter. Binnacle Investments Inc now owns 750 shares of the information services provider’s stock valued at $26,000 after purchasing an additional 589 shares in the last quarter. Root Financial Partners LLC raised its holdings in shares of JD.com by 1,020.0% in the 4th quarter. Root Financial Partners LLC now owns 1,120 shares of the information services provider’s stock worth $32,000 after purchasing an additional 1,020 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its position in JD.com by 191.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,241 shares of the information services provider’s stock worth $36,000 after buying an additional 815 shares during the last quarter. EFG International AG bought a new position in shares of JD.com in the fourth quarter valued at $36,000. Finally, Inspire Investing LLC bought a new position in shares of JD.com in the fourth quarter valued at $38,000. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Price Performance

JD opened at $25.39 on Friday. The stock has a fifty day moving average price of $29.63 and a 200 day moving average price of $28.92. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 0.22. JD.com, Inc. has a 1 year low of $24.51 and a 1 year high of $36.86. The stock has a market cap of $31.69 billion, a price-to-earnings ratio of 19.84 and a beta of 0.39.

JD.com (NASDAQ:JD) last issued its earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share for the quarter. JD.com had a return on equity of 5.90% and a net margin of 1.04%.The company had revenue of $45.79 billion for the quarter. Analysts forecast that JD.com, Inc. will post 2.71 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on JD. Daiwa Securities Group reiterated a “hold” rating and issued a $27.00 price target on shares of JD.com in a research report on Tuesday, June 23rd. Nomura upped their target price on JD.com from $40.00 to $41.00 and gave the company a “buy” rating in a report on Friday, May 15th. Susquehanna increased their price target on shares of JD.com from $30.00 to $35.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Weiss Ratings lowered shares of JD.com from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Finally, Citigroup raised their price target on shares of JD.com from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Nine analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, JD.com currently has a consensus rating of “Moderate Buy” and a consensus price target of $37.62.

JD.com 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.