JD.com, Inc. (NASDAQ:JD) Shares Sold by HighVista Strategies LLC

HighVista Strategies LLC trimmed its position in JD.com, Inc. (NASDAQ:JD) by 25.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,283 shares of the information services provider’s stock after selling 4,900 shares during the period. HighVista Strategies LLC’s holdings in JD.com were worth $571,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC lifted its position in shares of JD.com by 41.0% during the 3rd quarter. FMR LLC now owns 15,276,992 shares of the information services provider’s stock valued at $611,080,000 after acquiring an additional 4,445,277 shares during the last quarter. Point72 Hong Kong Ltd acquired a new stake in shares of JD.com during the 3rd quarter valued at $73,311,000. Hhlr Advisors LTD. lifted its position in shares of JD.com by 2,523.0% during the 3rd quarter. Hhlr Advisors LTD. now owns 1,600,000 shares of the information services provider’s stock valued at $64,000,000 after acquiring an additional 1,539,000 shares during the last quarter. WT Asset Management Ltd acquired a new stake in shares of JD.com during the 3rd quarter valued at $55,635,000. Finally, Robeco Institutional Asset Management B.V. lifted its position in shares of JD.com by 177.7% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,873,282 shares of the information services provider’s stock valued at $74,931,000 after acquiring an additional 1,198,753 shares during the last quarter. 15.98% of the stock is currently owned by institutional investors and hedge funds.

JD.com Trading Down 1.0 %

JD.com stock opened at $37.10 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90. The company has a market capitalization of $58.51 billion, a price-to-earnings ratio of 11.74, a PEG ratio of 0.31 and a beta of 0.38. JD.com, Inc. has a one year low of $20.82 and a one year high of $47.82. The company’s fifty day moving average price is $39.34 and its two-hundred day moving average price is $31.80.

Analysts Set New Price Targets

JD has been the subject of a number of recent research reports. Barclays increased their price objective on JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Susquehanna restated a “neutral” rating and issued a $28.00 target price on shares of JD.com in a report on Monday, August 19th. JPMorgan Chase & Co. increased their target price on JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Citigroup reduced their target price on JD.com from $52.00 to $51.00 and set a “buy” rating for the company in a report on Friday, November 15th. Finally, Sanford C. Bernstein reduced their target price on JD.com from $35.00 to $32.00 and set a “market perform” rating for the company in a report on Friday, August 16th. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $40.36.

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.