JD.com, Inc. $JD Shares Bought by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft lifted its position in shares of JD.com, Inc. (NASDAQ:JD) by 220.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,133 shares of the information services provider’s stock after buying an additional 19,364 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in JD.com were worth $984,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of JD. Marshall Wace LLP grew its stake in JD.com by 48.9% in the 2nd quarter. Marshall Wace LLP now owns 5,335,961 shares of the information services provider’s stock worth $174,166,000 after acquiring an additional 1,753,236 shares during the period. Evergreen Capital Management LLC purchased a new stake in shares of JD.com in the third quarter valued at $51,741,000. Crake Asset Management LLP acquired a new position in JD.com in the second quarter valued at $41,975,000. Assenagon Asset Management S.A. purchased a new position in JD.com during the third quarter worth about $36,749,000. Finally, Maple Rock Capital Partners Inc. boosted its stake in JD.com by 101.3% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,849,324 shares of the information services provider’s stock worth $60,362,000 after buying an additional 930,814 shares during the last quarter. Hedge funds and other institutional investors own 15.98% of the company’s stock.

JD.com Stock Performance

JD.com stock opened at $28.27 on Thursday. The firm has a market capitalization of $40.50 billion, a PE ratio of 9.62, a price-to-earnings-growth ratio of 6.07 and a beta of 0.41. JD.com, Inc. has a one year low of $27.16 and a one year high of $46.44. The stock’s 50 day moving average price is $29.10 and its 200 day moving average price is $31.19. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.88 and a current ratio of 1.20.

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

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Susquehanna reaffirmed a “neutral” rating on shares of JD.com in a research note on Monday, November 24th. Wall Street Zen downgraded shares of JD.com from a “hold” rating to a “sell” rating in a report on Saturday, November 22nd. Benchmark cut their price target on shares of JD.com from $42.00 to $38.00 and set a “buy” rating on the stock in a research note on Friday, November 14th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $38.00 price target on shares of JD.com in a report on Friday, November 14th. Finally, Mizuho set a $41.00 price objective on shares of JD.com in a research note on Wednesday, October 22nd. Eleven research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, JD.com currently has a consensus rating of “Moderate Buy” and an average price target of $38.71.

About JD.com

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.