Trexquant Investment LP Purchases Shares of 51,541 JD.Com Inc (JD)

Trexquant Investment LP purchased a new position in JD.Com Inc (NASDAQ:JD) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 51,541 shares of the information services provider’s stock, valued at approximately $1,603,000.

Other large investors have also recently made changes to their positions in the company. Seven Bridges Advisors LLC boosted its stake in JD.Com by 0.7% in the third quarter. Seven Bridges Advisors LLC now owns 11,081 shares of the information services provider’s stock valued at $289,000 after buying an additional 82 shares in the last quarter. Norinchukin Bank The boosted its stake in JD.Com by 1.1% in the first quarter. Norinchukin Bank The now owns 20,976 shares of the information services provider’s stock valued at $653,000 after buying an additional 229 shares in the last quarter. Aviva PLC boosted its stake in JD.Com by 0.3% in the fourth quarter. Aviva PLC now owns 110,100 shares of the information services provider’s stock valued at $2,801,000 after buying an additional 300 shares in the last quarter. Shelton Capital Management boosted its stake in JD.Com by 0.7% in the fourth quarter. Shelton Capital Management now owns 54,325 shares of the information services provider’s stock valued at $1,382,000 after buying an additional 400 shares in the last quarter. Finally, Jennison Associates LLC boosted its stake in JD.Com by 4.6% in the first quarter. Jennison Associates LLC now owns 10,994 shares of the information services provider’s stock valued at $342,000 after buying an additional 484 shares in the last quarter. 49.74% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for JD.Com (NASDAQ:JD)

Shares of JD.Com Inc (NASDAQ:JD) traded up 2.24% on Friday, reaching $41.06. 12,501,170 shares of the company were exchanged. The company’s 50-day moving average is $35.39 and its 200-day moving average is $29.82. JD.Com Inc has a 52 week low of $19.51 and a 52 week high of $41.72. The company’s market capitalization is $58.28 billion.

JD.Com (NASDAQ:JD) last announced its quarterly earnings data on Monday, May 8th. The information services provider reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.13. The firm had revenue of $76.20 billion during the quarter, compared to analyst estimates of $73.59 billion. JD.Com had a negative net margin of 4.18% and a negative return on equity of 28.18%. JD.Com’s revenue was up 41.2% on a year-over-year basis. During the same period last year, the firm posted ($0.15) EPS. On average, equities analysts expect that JD.Com Inc will post $0.37 EPS for the current fiscal year.

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Several equities research analysts have recently commented on the stock. Nomura reaffirmed a “buy” rating and issued a $46.00 target price on shares of JD.Com in a research report on Tuesday, May 9th. MKM Partners reaffirmed a “neutral” rating and issued a $33.00 target price (up from $27.00) on shares of JD.Com in a research report on Tuesday, March 7th. Benchmark Co. assumed coverage on shares of JD.Com in a research report on Tuesday, April 18th. They issued a “buy” rating and a $40.00 target price for the company. Vetr cut shares of JD.Com from a “strong-buy” rating to a “buy” rating and set a $36.18 target price for the company. in a research report on Monday, April 10th. Finally, Instinet reaffirmed a “buy” rating and issued a $37.00 target price on shares of JD.Com in a research report on Wednesday, May 10th. Eight equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $36.32.

JD.Com Company Profile

JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.

12 Month Chart for NASDAQ:JD

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