CAPROCK Group Inc. increases its stake in JD.com, Inc. (NASDAQ:JD)


CAPROCK Group Inc. increased its stake in the shares of JD.com, Inc. (NASDAQ: J.D.Get a rating) by 13.3% in Q1, according to the company in its latest filing with the Securities and Exchange Commission (SEC). The fund held 5,272 shares of the information services provider after buying an additional 618 shares during the quarter. CAPROCK Group Inc.’s holdings in JD.com were worth $305,000 at the end of the most recent reporting period.

Several other institutional investors also changed their positions in JD. Dodge & Cox increased its stake in JD.com by 10.9% in the fourth quarter. Dodge & Cox now owns 10,765,249 shares of the information services provider worth $754,321,000 after acquiring an additional 1,055,400 shares in the last quarter. Fisher Asset Management LLC increased its stake in JD.com by 7.7% in the fourth quarter. Fisher Asset Management LLC now owns 7,762,363 shares of the information services provider worth $543,909,000 after acquiring an additional 558,030 shares in the last quarter. UBS Asset Management Americas Inc. increased its stake in JD.com by 0.8% in the third quarter. UBS Asset Management Americas Inc. now owns 6,085,119 shares of the information services provider worth $439,589,000 after acquiring an additional 50,566 shares in the last quarter. GQG Partners LLC increased its stake in JD.com by 143.5% in the 4th quarter. GQG Partners LLC now owns 4,869,736 shares of the information services provider worth $341,177,000 after acquiring an additional 2,869,837 shares in the last quarter. Finally, Anatole Investment Management Ltd increased its stake in JD.com by 14.9% in the 4th quarter. Anatole Investment Management Ltd now owns 4,677,991 shares of the information services provider worth $327,787,000 after acquiring an additional 607,142 shares in the last quarter. 31.57% of the shares are held by hedge funds and other institutional investors.

NASDAQ: J.D. opened at $64.01 on Friday. The company has a 50-day moving average of $57.05 and a 200-day moving average of $63.93. The company has a market capitalization of $86.27 billion, a price-earnings ratio of -62.75 and a beta of 0.57. JD.com, Inc. has a 1-year minimum of $41.56 and a 1-year maximum of $92.69. The company has a debt ratio of 0.06, a current ratio of 1.32 and a quick ratio of 1.01.

JD.com (NASDAQ: J.D.Get a rating) last released its results on Tuesday, May 17. The information services provider reported earnings per share of $0.28 for the quarter, beating analyst consensus estimates of $0.18 by $0.10. The company posted revenue of $239.66 billion in the quarter, versus a consensus estimate of $235.73 billion. JD.com had a positive return on equity of 3.95% and a negative net margin of 1.03%. JD.com’s quarterly revenue increased 18.0% over the same quarter last year. In the same quarter a year earlier, the company posted EPS of $0.22. As a group, sell-side analysts expect JD.com, Inc. to post 1.3 EPS for the current year.

The company also recently announced a — dividend, which was paid on Tuesday, June 14. Investors of record on Friday, May 20 received a dividend of $1.26. The ex-dividend date was Thursday, May 19.

Several equity research analysts have recently weighed in on JD shares. Citigroup cut its price target on JD.com from $109.00 to $99.00 and set a “buy” rating for the company in a Friday, March 11 report. CLSA reduced its target price on JD.com from $108.00 to $100.00 in a Wednesday, April 13 research note. Barclays reduced its target price on JD.com from $103.00 to $99.00 and set an “overweight” rating for the company in a Friday, March 11 research note. Mizuho reduced its target price on JD.com from $100.00 to $90.00 in a Monday, May 2 research note. Finally, Benchmark reduced its target price on JD.com from $117.00 to $106.00 and set a “na” rating for the company in a Wednesday, May 18 research note. One equity research analyst gave the stock a sell rating, three gave the stock a hold rating, ten gave the stock a buy rating and one gave the stock a high buy rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $89.00.

Profile JD.com (Get a rating)

JD.com, Inc provides supply chain-based technologies and services in the People’s Republic of China. The company offers computers, communication and consumer electronics products, as well as home appliances; and general merchandise including food, beverages and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and health products, books , automotive accessories, clothing and footwear, bags and jewelry.

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Institutional ownership by quarter for JD.com (NASDAQ:JD)



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