BlueCrest Capital Management Ltd Purchases Shares of 29,095 JD.com, Inc. $JD

BlueCrest Capital Management Ltd bought a new position in shares of JD.com, Inc. (NASDAQ:JD) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 29,095 shares of the information services provider’s stock, valued at approximately $950,000.

A number of other institutional investors have also recently bought and sold shares of the business. Ameritas Advisory Services LLC acquired a new position in shares of JD.com during the 2nd quarter worth approximately $37,000. Allworth Financial LP raised its position in shares of JD.com by 158.4% in the 2nd quarter. Allworth Financial LP now owns 1,354 shares of the information services provider’s stock valued at $44,000 after buying an additional 830 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its stake in JD.com by 54.5% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,786 shares of the information services provider’s stock worth $58,000 after purchasing an additional 630 shares during the last quarter. MAI Capital Management lifted its position in shares of JD.com by 153.3% during the 2nd quarter. MAI Capital Management now owns 1,905 shares of the information services provider’s stock worth $62,000 after buying an additional 1,153 shares during the last quarter. Finally, Guinness Asset Management LTD lifted its holdings in shares of JD.com by 13.5% in the first quarter. Guinness Asset Management LTD now owns 3,679 shares of the information services provider’s stock worth $151,000 after acquiring an additional 439 shares during the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Stock Down 0.3%

JD stock opened at $29.44 on Friday. The stock has a market cap of $42.17 billion, a P/E ratio of 10.01, a P/E/G ratio of 6.65 and a beta of 0.40. The stock’s fifty day simple moving average is $31.52 and its two-hundred day simple moving average is $32.30. The company has a current ratio of 1.20, a quick ratio of 0.88 and a debt-to-equity ratio of 0.20. JD.com, Inc. has a 1-year low of $28.21 and a 1-year high of $46.44.

JD.com (NASDAQ:JD) last released its earnings results on Thursday, November 13th. The information services provider reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.08. The firm had revenue of $41.98 billion for 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 quarterly revenue was up 14.9% on a year-over-year basis. During the same period in the previous year, the company earned $8.68 earnings per share. Analysts expect that JD.com, Inc. will post 3.91 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Zacks Research upgraded JD.com from a “strong sell” rating to a “hold” rating in a research note on Monday, September 8th. Morgan Stanley downgraded 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. Arete Research set a $32.00 target price on JD.com in a research report on Tuesday. Susquehanna restated a “neutral” rating on shares of JD.com in a report on Monday, November 24th. Finally, Bank of America reduced their price objective on JD.com from $39.00 to $38.00 and set a “buy” rating for the company in a research note on Friday, November 14th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $39.14.

JD.com Company Profile

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.