Sanctuary Advisors LLC Has $924,000 Stake in JD.com, Inc. (NASDAQ:JD)

Sanctuary Advisors LLC cut its position in JD.com, Inc. (NASDAQ:JD) by 31.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,100 shares of the information services provider’s stock after selling 10,656 shares during the quarter. Sanctuary Advisors LLC’s holdings in JD.com were worth $924,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. FMR LLC lifted its holdings in JD.com by 41.0% during the 3rd quarter. FMR LLC now owns 15,276,992 shares of the information services provider’s stock worth $611,080,000 after buying an additional 4,445,277 shares during the period. Two Sigma Advisers LP lifted its stake in shares of JD.com by 329.9% in the third quarter. Two Sigma Advisers LP now owns 6,306,700 shares of the information services provider’s stock worth $252,268,000 after acquiring an additional 4,839,700 shares during the period. Federated Hermes Inc. increased its position in JD.com by 16.4% during the 2nd quarter. Federated Hermes Inc. now owns 4,280,215 shares of the information services provider’s stock valued at $110,601,000 after purchasing an additional 603,211 shares during the period. Fisher Asset Management LLC raised its holdings in JD.com by 9.0% during the 3rd quarter. Fisher Asset Management LLC now owns 4,072,599 shares of the information services provider’s stock worth $162,904,000 after purchasing an additional 336,740 shares during the last quarter. Finally, Point72 Asset Management L.P. lifted its position in shares of JD.com by 117.1% in the 3rd quarter. Point72 Asset Management L.P. now owns 4,033,900 shares of the information services provider’s stock worth $161,356,000 after purchasing an additional 2,175,568 shares during the period. 15.98% of the stock is currently owned by institutional investors.

JD.com Trading Down 0.8 %

NASDAQ:JD opened at $35.64 on Monday. JD.com, Inc. has a one year low of $20.82 and a one year high of $47.82. The company has a market cap of $56.21 billion, a PE ratio of 11.28, a PEG ratio of 0.31 and a beta of 0.38. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90. The firm has a 50-day moving average of $38.03 and a 200-day moving average of $32.38.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Benchmark reissued a “buy” rating and set a $47.00 target price on shares of JD.com in a research note on Friday, November 15th. JPMorgan Chase & Co. boosted their price objective on JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. StockNews.com raised JD.com from a “hold” rating to a “buy” rating in a research note on Friday, November 22nd. Citigroup dropped their price target on JD.com from $52.00 to $51.00 and set a “buy” rating on the stock in a research note on Friday, November 15th. Finally, Sanford C. Bernstein upgraded JD.com from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $43.00 to $46.00 in a report on Monday, December 9th. Two equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $41.36.

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.