JD.com, Inc. $JD Shares Acquired by Aurora Investment Managers LLC.

Aurora Investment Managers LLC. lifted its position in JD.com, Inc. (NASDAQ:JD) by 24.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 269,504 shares of the information services provider’s stock after acquiring an additional 53,223 shares during the period. JD.com accounts for 5.1% of Aurora Investment Managers LLC.’s holdings, making the stock its 7th largest position. Aurora Investment Managers LLC.’s holdings in JD.com were worth $9,427,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in JD. Brighton Jones LLC acquired a new stake in JD.com during the 4th quarter worth $270,000. Empowered Funds LLC boosted its position in JD.com by 35.5% during the first quarter. Empowered Funds LLC now owns 19,462 shares of the information services provider’s stock worth $800,000 after acquiring an additional 5,099 shares during the last quarter. Focus Partners Wealth grew its stake in JD.com by 36.5% during the 1st quarter. Focus Partners Wealth now owns 28,789 shares of the information services provider’s stock valued at $1,184,000 after acquiring an additional 7,701 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in JD.com by 8.9% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 6,605 shares of the information services provider’s stock valued at $216,000 after acquiring an additional 540 shares during the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd lifted its stake in JD.com by 126.2% in the 2nd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 14,570 shares of the information services provider’s stock worth $485,000 after purchasing an additional 8,129 shares in the last quarter. 15.98% of the stock is owned by institutional investors and hedge funds.

JD.com Stock Up 0.5%

Shares of JD opened at $27.41 on Monday. The company’s 50-day moving average price is $28.77 and its 200 day moving average price is $30.97. JD.com, Inc. has a 12-month low of $26.72 and a 12-month high of $46.44. 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 cap of $39.27 billion, a P/E ratio of 9.32, a price-to-earnings-growth ratio of 5.87 and a beta of 0.41.

Wall Street Analysts Forecast Growth

Several research firms recently commented on JD. Bank of America cut their price target on JD.com from $38.00 to $36.00 and set a “buy” rating for the company in a report on Monday, January 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of JD.com in a research note on Monday, December 29th. Citigroup lowered their price target on shares of JD.com from $44.00 to $37.00 and set a “buy” rating on the stock in a research report on Friday, January 2nd. Sanford C. Bernstein restated an “outperform” rating and set a $38.00 price objective on shares of JD.com in a research report on Friday, November 14th. Finally, Benchmark decreased their target price on shares of JD.com from $42.00 to $38.00 and set a “buy” rating on the stock in a report on Friday, November 14th. Eleven research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, JD.com presently has an average rating of “Moderate Buy” and a consensus 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.