Crake Asset Management LLP Sells 710,000 Shares of JD.com, Inc. $JD

Crake Asset Management LLP cut its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 75.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 236,400 shares of the information services provider’s stock after selling 710,000 shares during the period. JD.com makes up approximately 0.3% of Crake Asset Management LLP’s investment portfolio, making the stock its 16th largest holding. Crake Asset Management LLP’s holdings in JD.com were worth $6,785,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Binnacle Investments Inc lifted its holdings in JD.com by 365.8% during the third quarter. Binnacle Investments Inc now owns 750 shares of the information services provider’s stock worth $26,000 after acquiring an additional 589 shares in the last quarter. Assetmark Inc. lifted its holdings in JD.com by 62.0% during the third quarter. Assetmark Inc. now owns 1,043 shares of the information services provider’s stock worth $36,000 after acquiring an additional 399 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in JD.com by 657.9% during the third quarter. Golden State Wealth Management LLC now owns 1,152 shares of the information services provider’s stock worth $40,000 after acquiring an additional 1,000 shares in the last quarter. Wexford Capital LP bought a new position in JD.com during the third quarter worth about $43,000. Finally, Larson Financial Group LLC lifted its holdings in JD.com by 445.3% during the third quarter. Larson Financial Group LLC now owns 1,456 shares of the information services provider’s stock worth $51,000 after acquiring an additional 1,189 shares in the last quarter. 15.98% of the stock is currently owned by institutional investors.

JD.com Stock Performance

JD opened at $28.83 on Friday. The business’s 50-day moving average price is $30.01 and its two-hundred day moving average price is $29.18. JD.com, Inc. has a 1 year low of $24.51 and a 1 year high of $36.86. The company has a market capitalization of $41.30 billion, a price-to-earnings ratio of 22.52 and a beta of 0.41. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.18 and a quick ratio of 0.87.

JD.com (NASDAQ:JD) last released its quarterly earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share (EPS) for the quarter. JD.com had a return on equity of 5.90% and a net margin of 1.04%.The firm had revenue of $45.79 billion for the quarter. Equities analysts expect that JD.com, Inc. will post 2.66 EPS for the current fiscal year.

JD.com Increases Dividend

The business also recently announced an annual dividend, which was paid on Wednesday, April 29th. Investors of record on Thursday, April 9th were given a $1.00 dividend. This is an increase from JD.com’s previous annual dividend of $0.76. This represents a dividend yield of 353.0%. The ex-dividend date of this dividend was Thursday, April 9th. JD.com’s dividend payout ratio (DPR) is presently 76.56%.

More JD.com News

Here are the key news stories impacting JD.com this week:

• Positive Sentiment: JD.com’s founder publicly said the company will protect jobs and prioritize workers as it expands automation, which may help support sentiment around the company’s AI and logistics strategy. JD Founder Vows To Protect 900,000 Jobs From AI Automation
• Neutral Sentiment: JD.com is attracting heavy search interest on Zacks, signaling heightened investor curiosity, but the item does not include new fundamental or business developments. Investors Heavily Search JD.com, Inc. (JD): Here is What You Need to Know
• Neutral Sentiment: A similar article also noted that JD.com is one of the most-searched stocks on Yahoo Finance, reinforcing attention around the name rather than pointing to a specific business catalyst. Investors Heavily Search JD.com, Inc. (JD): Here is What You Need to Know
• Negative Sentiment: The European Commission opened a full-scale probe into JD.com’s roughly $2.6 billion bid for Germany’s Ceconomy, saying the deal could involve Chinese subsidies and potentially distort competition in the EU. That raises the risk of delays, concessions, or even a blocked transaction. JD.com’s Ceconomy deal faces full-scale EU subsidy investigation
• Negative Sentiment: Separate coverage also highlighted deeper EU scrutiny of the Ceconomy takeover, reinforcing concerns that JD.com’s overseas expansion could face regulatory hurdles. JD.com’s $2.6 Billion Ceconomy Takeover Move Faces In-Depth EU Probe

Analyst Ratings Changes

JD has been the topic of several recent analyst reports. Benchmark lifted their target price on JD.com from $38.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Citigroup lifted their target price on JD.com from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Zacks Research upgraded JD.com from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. Barclays lifted their target price on JD.com from $41.00 to $43.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Finally, Bank of America reiterated a “buy” rating and set a $33.00 target price on shares of JD.com in a report on Thursday, March 5th. Nine research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, JD.com presently has a consensus rating of “Moderate Buy” and an average target price of $38.50.

JD.com Company Profile

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.