JD.com, Inc. (JD) Shares Bought by Xact Kapitalforvaltning AB

Xact Kapitalforvaltning AB raised its stake in JD.com, Inc. (NASDAQ:JD) by 3.3% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 120,715 shares of the information services provider’s stock after buying an additional 3,800 shares during the quarter. Xact Kapitalforvaltning AB’s holdings in JD.com were worth $4,611,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. BlackRock Inc. lifted its stake in JD.com by 0.8% in the second quarter. BlackRock Inc. now owns 31,030,874 shares of the information services provider’s stock valued at $1,217,028,000 after buying an additional 260,994 shares during the last quarter. Fisher Asset Management LLC lifted its stake in JD.com by 5.9% in the second quarter. Fisher Asset Management LLC now owns 10,190,230 shares of the information services provider’s stock valued at $399,661,000 after buying an additional 571,705 shares during the last quarter. FIL Ltd lifted its stake in JD.com by 36.1% in the second quarter. FIL Ltd now owns 9,860,118 shares of the information services provider’s stock valued at $386,713,000 after buying an additional 2,616,886 shares during the last quarter. Coronation Fund Managers Ltd. lifted its stake in JD.com by 5.4% in the second quarter. Coronation Fund Managers Ltd. now owns 9,131,415 shares of the information services provider’s stock valued at $358,134,000 after buying an additional 471,882 shares during the last quarter. Finally, Harding Loevner LP lifted its stake in JD.com by 2.4% in the second quarter. Harding Loevner LP now owns 6,427,134 shares of the information services provider’s stock valued at $252,072,000 after buying an additional 152,500 shares during the last quarter. Institutional investors own 46.44% of the company’s stock.

Shares of JD.com, Inc. (NASDAQ:JD) traded up $0.16 during trading on Friday, reaching $39.96. 16,868,900 shares of the company’s stock traded hands, compared to its average volume of 10,898,221. The company has a current ratio of 1.20, a quick ratio of 0.91 and a debt-to-equity ratio of 0.35. JD.com, Inc. has a 12-month low of $23.38 and a 12-month high of $48.99.

JD.com (NASDAQ:JD) last issued its quarterly earnings results on Monday, August 14th. The information services provider reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. JD.com had a negative net margin of 0.95% and a negative return on equity of 1.80%. The firm had revenue of $93.20 billion for the quarter, compared to analysts’ expectations of $89.35 billion. During the same period in the previous year, the business earned $0.29 earnings per share. JD.com’s revenue for the quarter was up 43.6% compared to the same quarter last year. analysts predict that JD.com, Inc. will post -0.04 earnings per share for the current year.

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A number of equities research analysts have issued reports on the company. BidaskClub cut JD.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 15th. Instinet restated a “buy” rating and set a $55.00 price objective (up from $46.00) on shares of JD.com in a research note on Tuesday, August 15th. Vetr cut shares of JD.com from a “strong-buy” rating to a “buy” rating and set a $44.44 price objective on the stock. in a research note on Thursday, September 28th. Bank of America Corporation restated a “buy” rating and set a $53.00 price objective (up from $46.00) on shares of JD.com in a research note on Wednesday, August 9th. Finally, UBS AG restated a “neutral” rating and set a $41.00 price objective on shares of JD.com in a research note on Monday, August 14th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and eighteen have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $44.23.

About JD.com

JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.

Institutional Ownership by Quarter for JD.com (NASDAQ:JD)

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