JD.com, Inc. $JD Shares Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC boosted its position in JD.com, Inc. (NASDAQ:JD) by 32.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,360 shares of the information services provider’s stock after buying an additional 6,976 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in JD.com were worth $926,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC bought a new stake in JD.com during the fourth quarter valued at $270,000. Farther Finance Advisors LLC increased its stake in JD.com by 23.7% during the first quarter. Farther Finance Advisors LLC now owns 1,605 shares of the information services provider’s stock valued at $66,000 after purchasing an additional 308 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in JD.com by 12.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 13,836 shares of the information services provider’s stock valued at $569,000 after purchasing an additional 1,503 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in JD.com by 26.6% during the first quarter. Janney Montgomery Scott LLC now owns 31,029 shares of the information services provider’s stock valued at $1,276,000 after purchasing an additional 6,521 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in JD.com by 14.3% during the first quarter. Blue Trust Inc. now owns 4,777 shares of the information services provider’s stock valued at $196,000 after purchasing an additional 598 shares during the last quarter. 15.98% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Bank of America lowered their target price on shares of JD.com from $44.00 to $37.00 and set a “buy” rating for the company in a research note on Monday, July 14th. Arete upgraded shares of JD.com from a “sell” rating to a “buy” rating and set a $41.00 price target for the company in a research report on Friday, September 26th. Weiss Ratings restated a “hold (c)” rating on shares of JD.com in a research report on Wednesday, October 8th. UBS Group lowered their price target on shares of JD.com from $58.00 to $50.00 and set a “buy” rating for the company in a research report on Thursday, July 10th. Finally, Benchmark lowered their price target on shares of JD.com from $53.00 to $47.00 and set a “buy” rating for the company in a research report on Monday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $42.86.

JD.com Stock Performance

JD stock opened at $33.07 on Monday. The company has a market capitalization of $47.37 billion, a P/E ratio of 9.29, a PEG ratio of 3.61 and a beta of 0.39. The company has a 50-day simple moving average of $33.14 and a 200 day simple moving average of $33.24. JD.com, Inc. has a fifty-two week low of $29.90 and a fifty-two week high of $46.44. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 0.19.

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.