Quantinno Capital Management LP Acquires 5,210 Shares of JD.com, Inc. (NASDAQ:JD)

Quantinno Capital Management LP lifted its holdings in JD.com, Inc. (NASDAQ:JD) by 32.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,315 shares of the information services provider’s stock after buying an additional 5,210 shares during the quarter. Quantinno Capital Management LP’s holdings in JD.com were worth $739,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. FMR LLC increased its position in JD.com by 86.2% in 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 period. Appaloosa LP increased its position 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 purchasing an additional 3,165,885 shares during the period. Robeco Institutional Asset Management B.V. increased 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 purchasing an additional 1,440,418 shares during the period. Voya Investment Management LLC acquired a new stake in JD.com in the fourth quarter worth about $109,665,000. Finally, North of South Capital LLP increased its position in JD.com by 48.2% in the fourth quarter. North of South Capital LLP now owns 2,899,808 shares of the information services provider’s stock worth $100,536,000 after purchasing an additional 942,629 shares during the period. 15.98% of the stock is owned by institutional investors.

JD.com Price Performance

Shares of JD opened at $33.35 on Friday. 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 stock has a 50 day simple moving average of $36.22 and a 200 day simple moving average of $37.60. JD.com, Inc. has a 52-week low of $24.13 and a 52-week high of $47.82. The firm has a market capitalization of $52.60 billion, a PE ratio of 10.55, a P/E/G ratio of 0.31 and a beta of 0.56.

JD.com Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th were given a $0.76 dividend. The ex-dividend date of this dividend was 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 currently 23.84%.

Wall Street Analyst Weigh In

A number of analysts recently commented on JD shares. Citigroup reiterated a “buy” rating and issued a $51.00 price objective (down from $56.00) on shares of JD.com in a research report on Monday, April 28th. Macquarie reiterated a “neutral” rating and issued a $35.00 price objective on shares of JD.com in a research report on Wednesday, April 23rd. UBS Group set a $51.00 target price on JD.com in a research report on Friday, March 7th. Dbs Bank upgraded JD.com to a “strong-buy” rating in a research report on Wednesday, February 12th. Finally, Wall Street Zen lowered JD.com from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 11th. Two research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently 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.