Amundi Has $15.40 Million Stock Holdings in JD.com, Inc. $JD

Amundi decreased its position in JD.com, Inc. (NASDAQ:JD) by 41.5% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 474,240 shares of the information services provider’s stock after selling 336,213 shares during the period. Amundi’s holdings in JD.com were worth $15,399,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Marshall Wace LLP lifted its position in shares of JD.com by 48.9% in the second quarter. Marshall Wace LLP now owns 5,335,961 shares of the information services provider’s stock worth $174,166,000 after purchasing an additional 1,753,236 shares in the last quarter. Dodge & Cox grew its position in JD.com by 3.6% in the second quarter. Dodge & Cox now owns 18,705,949 shares of the information services provider’s stock valued at $610,562,000 after purchasing an additional 643,000 shares in the last quarter. Knuff & Co LLC lifted its position in JD.com by 381.5% during the 2nd quarter. Knuff & Co LLC now owns 159,951 shares of the information services provider’s stock worth $5,221,000 after buying an additional 126,731 shares in the last quarter. First Trust Advisors LP lifted its position in JD.com by 26.2% during the 2nd quarter. First Trust Advisors LP now owns 136,672 shares of the information services provider’s stock worth $4,461,000 after buying an additional 28,339 shares in the last quarter. Finally, Guggenheim Capital LLC boosted its stake in shares of JD.com by 25.8% during the 2nd quarter. Guggenheim Capital LLC now owns 45,000 shares of the information services provider’s stock worth $1,469,000 after buying an additional 9,234 shares during the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on JD. Weiss Ratings reiterated a “hold (c-)” rating on shares of JD.com in a report on Monday. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $38.00 price target on shares of JD.com in a research report on Friday, November 14th. Wall Street Zen downgraded JD.com from a “hold” rating to a “sell” rating in a report on Saturday, November 22nd. Mizuho set a $41.00 target price on shares of JD.com in a research note on Wednesday, October 22nd. Finally, Morgan Stanley lowered shares of JD.com from an “equal weight” rating to an “underweight” rating and set a $28.00 price target on the stock. in a research report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.14.

JD.com Stock Down 0.3%

JD stock opened at $29.61 on Thursday. JD.com, Inc. has a 1-year low of $28.21 and a 1-year high of $46.44. The business’s 50 day simple moving average is $31.76 and its 200 day simple moving average is $32.35. The company has a current ratio of 1.20, a quick ratio of 0.88 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $42.42 billion, a PE ratio of 10.07, a PEG ratio of 6.68 and a beta of 0.40.

JD.com (NASDAQ:JD) last released its quarterly earnings data on Thursday, November 13th. The information services provider reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.08. The firm had revenue of $41.98 billion during the quarter, compared to analysts’ expectations of $40.87 billion. JD.com had a net margin of 2.46% and a return on equity of 10.99%. The company’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the previous year, the business posted $8.68 earnings per share. As a group, research analysts anticipate that JD.com, Inc. will post 3.91 EPS for the current year.

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.