O Shaughnessy Asset Management LLC Purchases 85,454 Shares of JD.com, Inc. (NASDAQ:JD)

O Shaughnessy Asset Management LLC increased its position in shares of JD.com, Inc. (NASDAQ:JD) by 41.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 293,745 shares of the information services provider’s stock after acquiring an additional 85,454 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in JD.com were worth $10,184,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Rhumbline Advisers raised its position in shares of JD.com by 1.7% during the 4th quarter. Rhumbline Advisers now owns 16,186 shares of the information services provider’s stock valued at $561,000 after acquiring an additional 265 shares during the last quarter. Quintet Private Bank Europe S.A. lifted its stake in JD.com by 4.5% in the fourth quarter. Quintet Private Bank Europe S.A. now owns 7,813 shares of the information services provider’s stock valued at $271,000 after buying an additional 334 shares during the period. Nisa Investment Advisors LLC boosted its holdings in JD.com by 71.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock worth $35,000 after buying an additional 417 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in shares of JD.com by 4.5% during the 4th quarter. Sequoia Financial Advisors LLC now owns 10,192 shares of the information services provider’s stock worth $353,000 after buying an additional 436 shares during the period. Finally, Crossmark Global Holdings Inc. increased its stake in shares of JD.com by 0.6% in the 4th quarter. Crossmark Global Holdings Inc. now owns 100,589 shares of the information services provider’s stock valued at $3,487,000 after acquiring an additional 597 shares during the last quarter. Institutional investors own 15.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on JD shares. JPMorgan Chase & Co. boosted their price objective on shares of JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, March 7th. Mizuho boosted their target price on JD.com from $43.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday, March 7th. UBS Group set a $51.00 price objective on JD.com in a research report on Friday, March 7th. Susquehanna restated a “neutral” rating and set a $45.00 target price (up from $35.00) on shares of JD.com in a report on Wednesday, March 12th. Finally, Barclays lifted their price target on shares of JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, February 28th. Two research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $45.64.

JD.com Stock Down 1.1 %

Shares of JD stock opened at $41.12 on Tuesday. The firm’s fifty day moving average price is $41.29 and its two-hundred day moving average price is $38.64. JD.com, Inc. has a 1 year low of $24.13 and a 1 year high of $47.82. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $64.85 billion, a P/E ratio of 13.01, a PEG ratio of 0.31 and a beta of 0.43.

JD.com Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th will be issued a dividend of $0.76 per share. This represents a yield of 1.7%. The ex-dividend date is Tuesday, April 8th. This is a positive change from JD.com’s previous annual dividend of $0.74. JD.com’s dividend payout ratio is presently 26.13%.

JD.com 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.