433 Shares in JD.Com Inc (NASDAQ:JD) Acquired by Shine Investment Advisory Services Inc.

Shine Investment Advisory Services Inc. purchased a new position in JD.Com Inc (NASDAQ:JD) during the second quarter, Holdings Channel.com reports. The fund purchased 433 shares of the information services provider’s stock, valued at approximately $26,000.

Other large investors also recently bought and sold shares of the company. Alliancebernstein L.P. grew its stake in JD.Com by 14.0% in the 4th quarter. Alliancebernstein L.P. now owns 66,511 shares of the information services provider’s stock valued at $2,343,000 after buying an additional 8,164 shares in the last quarter. Geode Capital Management LLC grew its stake in JD.Com by 5.4% in the 4th quarter. Geode Capital Management LLC now owns 2,471,686 shares of the information services provider’s stock valued at $86,571,000 after buying an additional 126,543 shares in the last quarter. Sunbelt Securities Inc. grew its stake in JD.Com by 1.5% in the 4th quarter. Sunbelt Securities Inc. now owns 22,386 shares of the information services provider’s stock valued at $789,000 after buying an additional 335 shares in the last quarter. Nuveen Asset Management LLC grew its stake in JD.Com by 17.1% in the 4th quarter. Nuveen Asset Management LLC now owns 2,480,324 shares of the information services provider’s stock valued at $87,382,000 after buying an additional 363,100 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its stake in JD.Com by 7.4% in the 4th quarter. Quadrant Capital Group LLC now owns 10,652 shares of the information services provider’s stock valued at $369,000 after buying an additional 731 shares in the last quarter. 42.17% of the stock is currently owned by institutional investors.

Shares of NASDAQ:JD opened at $63.79 on Friday. JD.Com Inc has a 52-week low of $25.77 and a 52-week high of $69.18. The firm has a fifty day moving average of $61.32 and a 200 day moving average of $48.13. The firm has a market capitalization of $90.87 billion, a PE ratio of 102.11, a price-to-earnings-growth ratio of 1.55 and a beta of 0.98. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.69 and a current ratio of 1.06.

JD.Com (NASDAQ:JD) last announced its earnings results on Friday, May 15th. The information services provider reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.34. The company had revenue of $20.65 billion during the quarter, compared to analyst estimates of $19.17 billion. JD.Com had a net margin of 0.99% and a return on equity of 8.19%. On average, sell-side analysts forecast that JD.Com Inc will post 0.86 EPS for the current fiscal year.

A number of research analysts recently weighed in on the stock. Citigroup lifted their price objective on shares of JD.Com from $56.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Stifel Nicolaus lifted their price objective on shares of JD.Com from $50.00 to $60.00 and gave the company a “hold” rating in a research note on Friday, July 17th. Goldman Sachs Group boosted their price target on shares of JD.Com from $59.00 to $71.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Barclays boosted their price target on shares of JD.Com from $59.00 to $65.00 and gave the company an “overweight” rating in a research report on Friday, June 19th. Finally, Benchmark boosted their price target on shares of JD.Com from $60.00 to $66.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Five analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $55.61.

JD.Com Profile

JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.

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

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