JD.com, Inc. (NASDAQ:JD) Shares Sold by Selkirk Management LLC

Selkirk Management LLC reduced its holdings in JD.com, Inc. (NASDAQ:JD) by 12.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 100,881 shares of the information services provider’s stock after selling 15,000 shares during the quarter. JD.com accounts for 1.3% of Selkirk Management LLC’s portfolio, making the stock its 14th largest position. Selkirk Management LLC’s holdings in JD.com were worth $3,498,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JD. Richardson Financial Services Inc. acquired a new stake in JD.com in the 4th quarter valued at approximately $27,000. Brooklyn Investment Group bought a new position in JD.com during the 4th quarter valued at $34,000. Nisa Investment Advisors LLC boosted its stake in JD.com by 71.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock valued at $35,000 after purchasing an additional 417 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in JD.com by 111.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider’s stock valued at $45,000 after purchasing an additional 684 shares in the last quarter. Finally, GeoWealth Management LLC boosted its stake in JD.com by 129.1% during the 4th quarter. GeoWealth Management LLC now owns 1,393 shares of the information services provider’s stock valued at $48,000 after purchasing an additional 785 shares in the last quarter. 15.98% of the stock is currently owned by institutional investors and hedge funds.

JD.com Price Performance

Shares of NASDAQ:JD opened at $33.55 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. JD.com, Inc. has a 1 year low of $24.13 and a 1 year high of $47.82. The business has a fifty day simple moving average of $37.15 and a 200 day simple moving average of $37.83. The firm has a market cap of $52.91 billion, a price-to-earnings ratio of 10.62, a P/E/G ratio of 0.31 and a beta of 0.56.

JD.com Increases Dividend

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

Wall Street Analysts Forecast Growth

JD has been the subject of a number of research reports. Macquarie reaffirmed a “neutral” rating and set a $35.00 price target on shares of JD.com in a research note on Wednesday, April 23rd. Citigroup reaffirmed a “buy” rating and set a $51.00 price target (down from $56.00) on shares of JD.com in a research note on Monday, April 28th. Mizuho decreased their price target on JD.com from $50.00 to $48.00 and set an “outperform” rating for the company in a research note on Wednesday. Morgan Stanley set a $39.00 price objective on JD.com in a research note on Tuesday. Finally, Barclays raised their price objective on JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a research note on Friday, February 28th. Two analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.42.

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.