JD.com, Inc. (NASDAQ:JD) Holdings Boosted by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in JD.com, Inc. (NASDAQ:JD) by 27.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 17,308 shares of the information services provider’s stock after acquiring an additional 3,763 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in JD.com were worth $500,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of JD. China Universal Asset Management Co. Ltd. lifted its holdings in JD.com by 146.3% in 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. lifted its holdings in JD.com by 468.8% in 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 holdings in JD.com by 81.3% in the third quarter. Spire Wealth Management now owns 2,166 shares of the information services provider’s stock worth $63,000 after acquiring an additional 971 shares during the last quarter. Compagnie Lombard Odier SCmA raised its holdings in shares of 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 buying an additional 1,631 shares during the last quarter. Finally, ICICI Prudential Asset Management Co Ltd raised its holdings in shares of 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 buying an additional 949 shares during the last quarter. Institutional investors own 15.98% of the company’s stock.

JD.com Trading Up 11.5 %

JD.com stock opened at $32.64 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.90 and a current ratio of 1.16. The firm has a market cap of $51.48 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 0.23 and a beta of 0.51. JD.com, Inc. has a 1 year low of $20.82 and a 1 year high of $41.95. The firm’s 50 day moving average price is $26.42 and its two-hundred day moving average price is $25.89.

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

JD.com Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Monday, April 29th. Shareholders of record on Friday, April 5th were given a $0.74 dividend. The ex-dividend date was Thursday, April 4th. This represents a yield of 2.99%. JD.com’s dividend payout ratio (DPR) is 34.74%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on JD. JPMorgan Chase & Co. lifted their price target on JD.com from $25.00 to $28.00 and gave the company a “hold” rating in a report on Friday, April 5th. Citigroup cut their price target on JD.com from $43.00 to $42.00 and set a “buy” rating on the stock in a report on Thursday, January 25th. Susquehanna cut their price target on JD.com from $30.00 to $28.00 and set a “neutral” rating on the stock in a report on Friday, April 5th. HSBC lifted their price target on JD.com from $38.00 to $39.00 and gave the company a “buy” rating in a report on Thursday, March 7th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $27.00 price target on shares of JD.com in a report on Thursday, April 18th. Six equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $35.60.

About JD.com

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.