Natixis Advisors LLC Sells 11,975 Shares of JD.com, Inc. (NASDAQ:JD)

Natixis Advisors LLC reduced its stake in shares of JD.com, Inc. (NASDAQ:JD) by 10.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 99,378 shares of the information services provider’s stock after selling 11,975 shares during the period. Natixis Advisors LLC’s holdings in JD.com were worth $3,445,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in JD.com in the 3rd quarter valued at about $453,000. PNC Financial Services Group Inc. lifted its holdings in JD.com by 2.5% during the third quarter. PNC Financial Services Group Inc. now owns 52,425 shares of the information services provider’s stock worth $2,097,000 after acquiring an additional 1,267 shares during the period. Advisors Asset Management Inc. grew its stake in JD.com by 85.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 19,776 shares of the information services provider’s stock valued at $791,000 after purchasing an additional 9,112 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of JD.com by 155.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,661,357 shares of the information services provider’s stock valued at $66,454,000 after purchasing an additional 1,010,736 shares during the last quarter. Finally, Citigroup Inc. raised its stake in shares of JD.com by 9.9% during the 3rd quarter. Citigroup Inc. now owns 400,294 shares of the information services provider’s stock worth $16,012,000 after purchasing an additional 36,096 shares during the period. Institutional investors own 15.98% of the company’s stock.

JD.com Stock Performance

JD.com stock opened at $42.24 on Friday. JD.com, Inc. has a 1-year low of $24.13 and a 1-year high of $47.82. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $66.62 billion, a PE ratio of 13.37, a price-to-earnings-growth ratio of 0.31 and a beta of 0.43. The firm’s 50 day simple moving average is $40.60 and its 200 day simple moving average is $37.91.

JD.com Increases Dividend

The company also recently declared an annual dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 8th will be issued a $0.76 dividend. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a dividend yield of 1.7%. This is a boost from JD.com’s previous annual dividend of $0.74. JD.com’s dividend payout ratio is presently 26.13%.

Analysts Set New Price Targets

JD has been the topic of several research reports. Benchmark lifted their price objective on shares of JD.com from $47.00 to $58.00 and gave the stock a “buy” rating in a research report on Friday, March 7th. StockNews.com cut shares of JD.com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 11th. Barclays increased their price objective on JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, February 28th. JPMorgan Chase & Co. upped their price target on JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a research report on Friday, March 7th. Finally, Dbs Bank raised JD.com to a “strong-buy” rating in a report on Wednesday, February 12th. Two equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.64.

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.