JD.com, Inc. (NASDAQ:JD) Holdings Decreased by Wolverine Asset Management LLC

Wolverine Asset Management LLC trimmed its position in JD.com, Inc. (NASDAQ:JD) by 32.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,075 shares of the information services provider’s stock after selling 1,500 shares during the quarter. Wolverine Asset Management LLC’s holdings in JD.com were worth $107,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. FMR LLC grew its stake 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 last quarter. Two Sigma Advisers LP boosted its position in JD.com by 329.9% during the 3rd 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. Fisher Asset Management LLC boosted its position 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 acquiring an additional 336,740 shares during the period. Point72 Asset Management L.P. boosted its position in JD.com by 117.1% during 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 acquiring an additional 2,175,568 shares during the period. Finally, Maple Rock Capital Partners Inc. boosted its position in JD.com by 5.9% during the 3rd quarter. Maple Rock Capital Partners Inc. now owns 3,577,138 shares of the information services provider’s stock worth $143,086,000 after acquiring an additional 200,200 shares during the period. 15.98% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

JD has been the subject of a number of analyst reports. StockNews.com lowered JD.com from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 11th. Citigroup cut their price objective on JD.com from $52.00 to $51.00 and set a “buy” rating for the company in a report on Friday, November 15th. Dbs Bank upgraded JD.com to a “strong-buy” rating in a report on Wednesday, February 12th. Sanford C. Bernstein raised JD.com from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $43.00 to $46.00 in a research report on Monday, December 9th. Finally, Benchmark reaffirmed a “buy” rating and set a $47.00 target price on shares of JD.com in a research report on Friday, November 15th. Two analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, JD.com presently has an average rating of “Moderate Buy” and a consensus price target of $41.36.

JD.com Stock Down 7.3 %

NASDAQ:JD opened at $39.31 on Tuesday. The firm has a market capitalization of $62.00 billion, a price-to-earnings ratio of 12.44, a PEG ratio of 0.31 and a beta of 0.40. JD.com, Inc. has a 1-year low of $21.18 and a 1-year high of $47.82. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. The business’s fifty day moving average price is $37.94 and its 200 day moving average price is $35.91.

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.