Baader Bank Aktiengesellschaft Makes New $795,000 Investment in JD.com, Inc. $JD

Baader Bank Aktiengesellschaft acquired a new stake in shares of JD.com, Inc. (NASDAQ:JD) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 26,870 shares of the information services provider’s stock, valued at approximately $795,000.

Other institutional investors have also recently made changes to their positions in the company. Binnacle Investments Inc lifted its stake in shares of JD.com by 365.8% in 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 during the period. Root Financial Partners LLC grew its stake in JD.com by 1,020.0% in the fourth 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 during the period. Caitong International Asset Management Co. Ltd raised its holdings 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 purchasing an additional 815 shares in the last quarter. EFG International AG bought a new stake in shares of JD.com during the 4th quarter valued at $36,000. Finally, Inspire Investing LLC bought a new stake in shares of JD.com during the 4th quarter valued at $38,000. Institutional investors own 15.98% of the company’s stock.

JD.com Stock Performance

JD stock opened at $30.43 on Wednesday. The stock’s 50 day simple moving average is $28.77 and its 200 day simple moving average is $28.77. 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 12-month low of $24.51 and a 12-month high of $36.86. The stock has a market capitalization of $37.98 billion, a PE ratio of 23.77 and a beta of 0.40.

JD.com (NASDAQ:JD) last posted its quarterly earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share for the quarter. The firm had revenue of $45.79 billion during the quarter. JD.com had a return on equity of 5.90% and a net margin of 1.04%. As a group, research analysts forecast that JD.com, Inc. will post 2.78 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Benchmark increased their price target on shares of JD.com from $38.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Weiss Ratings upgraded shares of JD.com from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, July 13th. Barclays decreased their target price on shares of JD.com from $43.00 to $41.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. Wall Street Zen upgraded JD.com from a “sell” rating to a “hold” rating in a research note on Saturday, April 18th. Finally, Zacks Research raised JD.com from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $36.42.

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.