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

Signaturefd LLC lowered its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 14.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,475 shares of the information services provider’s stock after selling 2,357 shares during the period. Signaturefd LLC’s holdings in JD.com were worth $539,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of JD. Atlas Capital Advisors LLC acquired a new stake in shares of JD.com in the 2nd quarter worth $28,000. Allspring Global Investments Holdings LLC lifted its stake in shares of JD.com by 812.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,888 shares of the information services provider’s stock worth $52,000 after acquiring an additional 1,681 shares during the period. Hexagon Capital Partners LLC acquired a new stake in shares of JD.com in the 1st quarter worth $58,000. Advisors Preferred LLC acquired a new stake in shares of JD.com in the 1st quarter worth $126,000. Finally, Blue Trust Inc. lifted its stake in shares of JD.com by 295.7% in the 3rd quarter. Blue Trust Inc. now owns 3,158 shares of the information services provider’s stock worth $126,000 after acquiring an additional 2,360 shares during the period. Institutional investors and hedge funds own 15.98% of the company’s stock.

Analyst Upgrades and Downgrades

JD has been the subject of several recent analyst reports. Loop Capital upgraded shares of JD.com from a “hold” rating to a “buy” rating and reduced their target price for the stock from $49.00 to $48.00 in a research note on Monday, October 21st. Barclays raised their target price on shares of JD.com from $40.00 to $50.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. StockNews.com downgraded shares of JD.com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 8th. Benchmark reiterated a “buy” rating and issued a $47.00 price target on shares of JD.com in a report on Tuesday, October 15th. Finally, JPMorgan Chase & Co. increased their price target on shares of JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Three analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $39.67.

JD.com Stock Performance

NASDAQ:JD opened at $39.90 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.90 and a debt-to-equity ratio of 0.20. The firm has a 50-day moving average price of $33.57 and a two-hundred day moving average price of $30.19. JD.com, Inc. has a twelve month low of $20.82 and a twelve month high of $47.82. The company has a market capitalization of $62.93 billion, a P/E ratio of 14.51, a price-to-earnings-growth ratio of 0.61 and a beta of 0.42.

JD.com (NASDAQ:JD) last released its quarterly earnings results on Thursday, August 15th. The information services provider reported $9.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $8.57. JD.com had a net margin of 2.80% and a return on equity of 13.51%. The company had revenue of $291.40 billion for the quarter, compared to analysts’ expectations of $291.01 billion. During the same period last year, the company earned $0.68 EPS. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. As a group, research analysts expect that JD.com, Inc. will post 3.77 earnings per share for the current fiscal year.

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.