JD.com, Inc. $JD Shares Sold by BNP Paribas

BNP Paribas cut its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 83.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,304 shares of the information services provider’s stock after selling 68,500 shares during the quarter. BNP Paribas’ holdings in JD.com were worth $382,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JD. Main Management ETF Advisors LLC raised its stake in shares of JD.com by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 46,980 shares of the information services provider’s stock valued at $1,348,000 after acquiring an additional 480 shares during the period. Monaco Asset Management SAM raised its stake in shares of JD.com by 60.0% in the 4th quarter. Monaco Asset Management SAM now owns 160,000 shares of the information services provider’s stock valued at $4,592,000 after acquiring an additional 60,000 shares during the period. Texas Yale Capital Corp. raised its stake in shares of JD.com by 2.9% in the 4th quarter. Texas Yale Capital Corp. now owns 14,008 shares of the information services provider’s stock valued at $402,000 after acquiring an additional 400 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of JD.com by 13.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 109,774 shares of the information services provider’s stock valued at $3,151,000 after acquiring an additional 12,730 shares during the period. Finally, Baker Avenue Asset Management LP raised its stake in shares of JD.com by 6.7% in the 4th quarter. Baker Avenue Asset Management LP now owns 110,752 shares of the information services provider’s stock valued at $3,179,000 after acquiring an additional 6,997 shares during the period. 15.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

JD has been the topic of a number of research analyst reports. Morgan Stanley boosted their price target on shares of JD.com from $25.00 to $27.00 and gave the company an “underweight” rating in a research note on Wednesday, May 13th. Susquehanna boosted their price target on shares of JD.com from $30.00 to $35.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Sanford C. Bernstein boosted their price target on shares of JD.com from $36.00 to $40.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Citigroup upped their target price on shares of JD.com from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Finally, Wall Street Zen raised shares of JD.com from a “sell” rating to a “hold” rating in a research note on Saturday, April 18th. Nine investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $38.50.

JD.com Trading Up 3.6%

Shares of JD.com stock opened at $30.15 on Wednesday. The company has a fifty day simple moving average of $30.03 and a 200-day simple moving average of $29.15. JD.com, Inc. has a 12-month low of $24.51 and a 12-month high of $36.86. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 0.22. The stock has a market cap of $37.64 billion, a price-to-earnings ratio of 23.55 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 (EPS) for the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.90%. The business had revenue of $45.79 billion during the quarter. On average, equities analysts forecast that JD.com, Inc. will post 2.66 EPS for the current fiscal year.

JD.com Increases Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, April 29th. Investors of record on Thursday, April 9th were paid a dividend of $1.00 per share. The ex-dividend date was Thursday, April 9th. This represents a yield of 353.0%. This is an increase from JD.com’s previous annual dividend of $0.76. JD.com’s dividend payout ratio (DPR) is currently 76.56%.

About JD.com

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.