Long Focus Capital Management LLC Sells 61,800 Shares of JD.com, Inc. (NASDAQ:JD)

Long Focus Capital Management LLC lessened its position in JD.com, Inc. (NASDAQ:JD) by 17.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 286,200 shares of the information services provider’s stock after selling 61,800 shares during the quarter. Long Focus Capital Management LLC’s holdings in JD.com were worth $9,923,000 at the end of the most recent reporting period.

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

JD.com Price Performance

Shares of NASDAQ JD opened at $33.67 on Wednesday. JD.com, Inc. has a fifty-two week low of $24.13 and a fifty-two week high of $47.82. The company has a market cap of $53.10 billion, a PE ratio of 10.66, a P/E/G ratio of 0.31 and a beta of 0.53. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17. The business has a 50-day simple moving average of $39.80 and a two-hundred day simple moving average of $38.75.

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 paid a $0.76 dividend. The ex-dividend date is Tuesday, April 8th. This is a boost from JD.com’s previous annual dividend of $0.74. This represents a yield of 1.7%. JD.com’s dividend payout ratio (DPR) is 26.13%.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. UBS Group set a $51.00 price objective on JD.com in a research note on Friday, March 7th. Dbs Bank upgraded JD.com to a “strong-buy” rating in a research note on Wednesday, February 12th. Mizuho upped their price objective on shares of JD.com from $43.00 to $50.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. StockNews.com cut shares of JD.com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 11th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of JD.com in a research report on Friday, March 7th. One equities research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $48.67.

JD.com Company 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.