Trilogy Capital Inc. Has $7.10 Million Position in JD.com, Inc. $JD

Trilogy Capital Inc. lowered its holdings in JD.com, Inc. (NASDAQ:JDFree Report) by 28.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 240,204 shares of the information services provider’s stock after selling 94,199 shares during the period. Trilogy Capital Inc.’s holdings in JD.com were worth $7,103,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Schroder Investment Management Group raised its stake in JD.com by 7.9% in the 3rd quarter. Schroder Investment Management Group now owns 656,282 shares of the information services provider’s stock valued at $22,957,000 after acquiring an additional 48,039 shares during the period. Cantor Fitzgerald L. P. grew its position in shares of JD.com by 423.1% during the 3rd quarter. Cantor Fitzgerald L. P. now owns 264,426 shares of the information services provider’s stock worth $9,250,000 after purchasing an additional 213,878 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its holdings in shares of JD.com by 381.3% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 83,093 shares of the information services provider’s stock worth $2,385,000 after purchasing an additional 65,829 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of JD.com by 4.7% during the 4th quarter. Legal & General Group Plc now owns 1,545,460 shares of the information services provider’s stock worth $44,346,000 after acquiring an additional 70,062 shares during the period. Finally, OVERSEA CHINESE BANKING Corp Ltd bought a new stake in shares of JD.com during the 4th quarter worth $1,604,000. 15.98% of the stock is owned by institutional investors.

JD.com Stock Performance

NASDAQ JD opened at $25.39 on Friday. The firm has a market cap of $31.69 billion, a P/E ratio of 19.84 and a beta of 0.39. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 0.22. The company’s 50 day moving average is $29.63 and its 200-day moving average is $28.92. JD.com, Inc. has a 12-month low of $24.51 and a 12-month high of $36.86.

JD.com (NASDAQ:JDGet Free Report) last released its quarterly earnings data on Tuesday, March 31st. The information services provider reported $0.37 EPS for the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.90%. The company had revenue of $45.79 billion during the quarter. Sell-side analysts predict that JD.com, Inc. will post 2.71 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on JD shares. Citigroup upped 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. Sanford C. Bernstein increased their price objective on shares of JD.com from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Bank of America reaffirmed a “buy” rating and set a $33.00 target price on shares of JD.com in a research note on Thursday, March 5th. Benchmark raised their price target on shares of JD.com from $38.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings lowered JD.com from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday. Nine equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $37.62.

Read Our Latest Research Report on JD

JD.com Profile

(Free Report)

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.

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Institutional Ownership by Quarter for JD.com (NASDAQ:JD)

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