Two Sigma Advisers LP Decreases Stock Holdings in JD.com, Inc. (NASDAQ:JD)

Two Sigma Advisers LP lowered its position in shares of JD.com, Inc. (NASDAQ:JD) by 76.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,486,600 shares of the information services provider’s stock after selling 4,820,100 shares during the period. Two Sigma Advisers LP owned about 0.09% of JD.com worth $51,540,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. FMR LLC increased its stake 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 valued at $986,280,000 after buying an additional 13,170,649 shares during the period. Appaloosa LP lifted its stake in JD.com by 43.4% in the fourth quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider’s stock worth $362,852,000 after acquiring an additional 3,165,885 shares during the period. Temasek Holdings Private Ltd boosted its holdings in JD.com by 18.4% in the fourth quarter. Temasek Holdings Private Ltd now owns 4,625,490 shares of the information services provider’s stock valued at $160,366,000 after acquiring an additional 718,760 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in JD.com by 76.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 3,313,700 shares of the information services provider’s stock valued at $114,886,000 after purchasing an additional 1,440,418 shares during the period. Finally, Voya Investment Management LLC bought a new position in JD.com in the 4th quarter worth $109,665,000. Institutional investors own 15.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on JD. Morgan Stanley set a $39.00 price target on shares of JD.com in a research report on Tuesday, May 13th. Mizuho decreased their target price on JD.com from $50.00 to $48.00 and set an “outperform” rating for the company in a research report on Wednesday, May 14th. JPMorgan Chase & Co. raised their target price on JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, March 7th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of JD.com in a research note on Friday, March 7th. Finally, Benchmark lowered their price objective on JD.com from $58.00 to $53.00 and set a “buy” rating for the company in a research report on Wednesday, May 14th. Two investment 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’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $47.42.

JD.com Trading Up 0.4%

NASDAQ JD opened at $33.69 on Tuesday. JD.com, Inc. has a 12 month low of $24.13 and a 12 month 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 stock’s fifty day moving average price is $37.02 and its 200-day moving average price is $37.74. The stock has a market cap of $53.13 billion, a P/E ratio of 10.66, a P/E/G ratio of 0.31 and a beta of 0.56.

JD.com Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th were given a dividend of $0.76 per share. This represents a yield of 1.7%. This is an increase from JD.com’s previous annual dividend of $0.74. The ex-dividend date of this dividend was Tuesday, April 8th. JD.com’s dividend payout ratio is 23.84%.

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.