Vontobel Holding Ltd. raised its stake in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 94.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 142,819 shares of the information services provider's stock after acquiring an additional 69,386 shares during the period. Vontobel Holding Ltd.'s holdings in JD.com were worth $4,952,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the stock. Two Sigma Advisers LP raised its stake in shares of JD.com by 329.9% during the 3rd quarter. Two Sigma Advisers LP now owns 6,306,700 shares of the information services provider's stock worth $252,268,000 after purchasing an additional 4,839,700 shares during the period. FMR LLC raised its stake in shares of JD.com by 41.0% during the 3rd quarter. FMR LLC now owns 15,276,992 shares of the information services provider's stock worth $611,080,000 after purchasing an additional 4,445,277 shares during the period. National Bank of Canada FI raised its stake in shares of JD.com by 65,089.6% during the 3rd quarter. National Bank of Canada FI now owns 2,214,492 shares of the information services provider's stock worth $88,580,000 after purchasing an additional 2,211,095 shares during the period. Point72 Asset Management L.P. raised its stake in shares of JD.com by 117.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 4,033,900 shares of the information services provider's stock worth $161,356,000 after purchasing an additional 2,175,568 shares during the period. Finally, Point72 Hong Kong Ltd bought a new stake in shares of JD.com during the 3rd quarter worth $73,311,000. 15.98% of the stock is currently owned by institutional investors.
JD stock opened at $41.38 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. The stock has a 50-day simple moving average of $37.71 and a two-hundred day simple moving average of $35.15. The firm has a market capitalization of $65.26 billion, a PE ratio of 13.09, a PEG ratio of 0.30 and a beta of 0.40. JD.com, Inc. has a twelve month low of $21.18 and a twelve month high of $47.82.
A number of research firms have recently commented on JD. Sanford C. Bernstein upgraded JD.com from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $43.00 to $46.00 in a research note on Monday, December 9th. Loop Capital raised JD.com from a "hold" rating to a "buy" rating and decreased their price objective for the stock from $49.00 to $48.00 in a report on Monday, October 21st. StockNews.com lowered JD.com from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th. Citigroup decreased their price objective on JD.com from $52.00 to $51.00 and set a "buy" rating for the company in a report on Friday, November 15th. Finally, Benchmark reissued a "buy" rating and issued a $47.00 price objective on shares of JD.com in a report on Friday, November 15th. Two analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $41.36.
Get Our Latest Stock Analysis on JD.com
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.
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