Vontobel Holding Ltd. Sells 27,235 Shares of JD.com, Inc. (NASDAQ:JD)

Vontobel Holding Ltd. lowered its position in shares of JD.com, Inc. (NASDAQ:JD) by 18.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 119,172 shares of the information services provider’s stock after selling 27,235 shares during the quarter. Vontobel Holding Ltd.’s holdings in JD.com were worth $3,443,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of JD. Discerene Group LP acquired a new position in shares of JD.com during the 3rd quarter valued at $46,889,000. Price T Rowe Associates Inc. MD bought a new stake in JD.com in the first quarter valued at $56,120,000. Morgan Stanley raised its holdings in shares of JD.com by 15.8% during the third quarter. Morgan Stanley now owns 9,277,951 shares of the information services provider’s stock valued at $270,267,000 after purchasing an additional 1,265,995 shares during the period. Sculptor Capital LP bought a new position in shares of JD.com during the 1st quarter worth about $71,389,000. Finally, Assenagon Asset Management S.A. bought a new stake in JD.com in the 4th quarter valued at about $35,504,000. 15.98% of the stock is currently owned by institutional investors and hedge funds.

JD.com Stock Performance

Shares of JD.com stock opened at $25.46 on Friday. The business’s fifty day simple moving average is $25.33 and its 200 day simple moving average is $25.90. The company has a current ratio of 1.16, a quick ratio of 0.90 and a debt-to-equity ratio of 0.14. JD.com, Inc. has a 12 month low of $20.82 and a 12 month high of $41.95. The firm has a market capitalization of $40.15 billion, a P/E ratio of 11.95, a price-to-earnings-growth ratio of 0.20 and a beta of 0.54.

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

JD.com Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts have issued reports on JD shares. StockNews.com upgraded JD.com from a “hold” rating to a “buy” rating in a report on Monday, April 8th. Susquehanna reduced their price target 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. Benchmark restated a “buy” rating and set a $55.00 price target on shares of JD.com in a research note on Tuesday. Nomura dropped their price objective on shares of JD.com from $36.00 to $33.00 in a research note on Friday, April 5th. Finally, HSBC boosted their target price on shares of JD.com from $38.00 to $39.00 and gave the stock a “buy” rating in a research report on Thursday, March 7th. Six investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $36.67.

About JD.com

JD.com, Inc provides supply chain-based technologies and services 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.