Signaturefd LLC Buys 4,821 Shares of JD.com, Inc. (NASDAQ:JD)

Signaturefd LLC increased its stake in shares of JD.com, Inc. (NASDAQ:JD) by 53.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,779 shares of the information services provider’s stock after acquiring an additional 4,821 shares during the quarter. Signaturefd LLC’s holdings in JD.com were worth $398,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. China Universal Asset Management Co. Ltd. boosted its position in shares of JD.com by 146.3% during the third quarter. China Universal Asset Management Co. Ltd. now owns 1,754 shares of the information services provider’s stock worth $51,000 after acquiring an additional 1,042 shares during the last quarter. Mizuho Securities Co. Ltd. boosted its position in shares of JD.com by 468.8% during the third quarter. Mizuho Securities Co. Ltd. now owns 1,820 shares of the information services provider’s stock worth $53,000 after acquiring an additional 1,500 shares during the last quarter. Spire Wealth Management lifted its position in JD.com by 81.3% during the third quarter. Spire Wealth Management now owns 2,166 shares of the information services provider’s stock valued at $63,000 after purchasing an additional 971 shares during the last quarter. Compagnie Lombard Odier SCmA lifted its position in JD.com by 73.5% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 3,850 shares of the information services provider’s stock valued at $111,000 after purchasing an additional 1,631 shares during the last quarter. Finally, ICICI Prudential Asset Management Co Ltd lifted its position in JD.com by 30.8% during the third quarter. ICICI Prudential Asset Management Co Ltd now owns 4,035 shares of the information services provider’s stock valued at $118,000 after purchasing an additional 949 shares during the last quarter. Institutional investors own 15.98% of the company’s stock.

JD.com Trading Up 1.1 %

JD stock opened at $28.59 on Friday. The company has a market capitalization of $45.09 billion, a PE ratio of 13.42, a P/E/G ratio of 0.23 and a beta of 0.54. JD.com, Inc. has a 12 month low of $20.82 and a 12 month high of $41.95. The firm’s 50-day moving average is $25.79 and its 200 day moving average is $25.85. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 0.90.

JD.com (NASDAQ:JD) last posted its quarterly earnings results on Wednesday, March 6th. The information services provider reported $5.30 EPS for the quarter, topping the consensus estimate of $0.56 by $4.74. The company had revenue of $306.08 billion for the quarter, compared to the consensus estimate of $300.21 billion. JD.com had a net margin of 2.22% and a return on equity of 10.87%. The firm’s revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.54 EPS. On average, research analysts anticipate that JD.com, Inc. will post 2.85 EPS for the current year.

JD.com Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Monday, April 29th. Investors of record on Friday, April 5th will be paid a $0.74 dividend. This represents a yield of 2.99%. The ex-dividend date is Thursday, April 4th. JD.com’s dividend payout ratio is presently 34.74%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on JD shares. Mizuho increased their price objective on shares of JD.com from $32.00 to $33.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. Susquehanna lowered their price objective on shares of JD.com from $30.00 to $28.00 and set a “neutral” rating for the company in a research report on Friday, April 5th. Barclays lowered their price objective on shares of JD.com from $45.00 to $35.00 and set an “overweight” rating for the company in a research report on Wednesday, January 31st. JPMorgan Chase & Co. increased their price objective on shares of JD.com from $25.00 to $28.00 and gave the company a “hold” rating in a research report on Friday, April 5th. Finally, StockNews.com upgraded shares of JD.com from a “hold” rating to a “buy” rating in a research report on Monday, April 8th. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, JD.com has a consensus rating of “Moderate Buy” and an average price target of $35.60.

JD.com Company Profile

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.