Jump Financial LLC Makes New Investment in JD.com, Inc. (NASDAQ:JD)

Jump Financial LLC acquired a new stake in shares of JD.com, Inc. (NASDAQ:JD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 157,154 shares of the information services provider’s stock, valued at approximately $5,449,000.

Several other large investors have also recently made changes to their positions in the company. FMR LLC increased its holdings in shares of JD.com by 86.2% in the 4th quarter. FMR LLC now owns 28,447,641 shares of the information services provider’s stock worth $986,280,000 after buying an additional 13,170,649 shares during the last quarter. Appaloosa LP lifted its stake in shares of JD.com by 43.4% in the 4th quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider’s stock valued at $362,852,000 after purchasing an additional 3,165,885 shares during the last quarter. Norges Bank purchased a new stake in JD.com during the 4th quarter valued at $70,130,000. Robeco Institutional Asset Management B.V. lifted its position in JD.com by 76.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 3,313,700 shares of the information services provider’s stock worth $114,886,000 after buying an additional 1,440,418 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd purchased a new position in shares of JD.com during the 4th quarter worth about $47,948,000. 15.98% of the stock is owned by institutional investors.

JD.com Stock Performance

JD opened at $35.33 on Thursday. The company has a market cap of $55.72 billion, a P/E ratio of 11.18, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53. JD.com, Inc. has a 52-week low of $24.13 and a 52-week high of $47.82. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. The firm’s 50-day moving average price is $40.30 and its 200-day moving average price is $39.05.

JD.com Increases Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on JD shares. Mizuho increased their price target on JD.com from $43.00 to $50.00 and gave the stock an “outperform” rating in a report on Friday, March 7th. Barclays upped their price target on shares of JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a report on Friday, February 28th. Bank of America lowered their price objective on shares of JD.com from $51.00 to $48.00 and set a “buy” rating for the company in a research report on Wednesday. Sanford C. Bernstein reissued an “outperform” rating on shares of JD.com in a research report on Friday, March 7th. Finally, Susquehanna reaffirmed a “neutral” rating and issued a $45.00 price target (up previously from $35.00) on shares of JD.com in a research report on Wednesday, March 12th. Two equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

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.