5,466 Shares in JD.com, Inc. (NASDAQ:JD) Purchased by Integrated Advisors Network LLC

Integrated Advisors Network LLC acquired a new position in JD.com, Inc. (NASDAQ:JD) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,466 shares of the information services provider’s stock, valued at approximately $225,000.

Other institutional investors have also bought and sold shares of the company. Appaloosa LP lifted its holdings in JD.com by 43.4% in the 4th quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider’s stock valued at $362,852,000 after acquiring an additional 3,165,885 shares during the last quarter. Temasek Holdings Private Ltd lifted its position in shares of JD.com by 18.4% in the fourth quarter. Temasek Holdings Private Ltd now owns 4,625,490 shares of the information services provider’s stock worth $160,366,000 after purchasing an additional 718,760 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of JD.com by 20.4% in the fourth quarter. Van ECK Associates Corp now owns 393,597 shares of the information services provider’s stock worth $13,646,000 after purchasing an additional 66,693 shares in the last quarter. Alberta Investment Management Corp raised its position in JD.com by 25.4% during the fourth quarter. Alberta Investment Management Corp now owns 504,519 shares of the information services provider’s stock valued at $17,492,000 after acquiring an additional 102,326 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in JD.com during the fourth quarter valued at approximately $2,363,000. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Stock Performance

JD.com stock opened at $32.76 on Monday. The stock has a 50-day simple moving average of $33.96 and a 200 day simple moving average of $37.27. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. JD.com, Inc. has a 12-month low of $24.13 and a 12-month high of $47.82. The stock has a market capitalization of $51.67 billion, a price-to-earnings ratio of 10.37, a P/E/G ratio of 0.31 and a beta of 0.48.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Wall Street Zen lowered shares of JD.com from a “buy” rating to a “hold” rating in a research report on Friday, May 30th. Morgan Stanley set a $39.00 price target on JD.com in a report on Tuesday, May 13th. UBS Group set a $51.00 price objective on shares of JD.com in a research note on Friday, March 7th. Susquehanna reduced their target price on JD.com from $45.00 to $40.00 and set a “neutral” rating for the company in a research report on Thursday, May 15th. Finally, Mizuho cut their price objective on JD.com from $50.00 to $48.00 and set an “outperform” rating for the company in a report on Wednesday, May 14th. Three analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $46.33.

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.