First Pacific Financial Has $632,000 Stock Holdings in JD.com, Inc. (NASDAQ:JD)

First Pacific Financial decreased its stake in shares of JD.com, Inc. (NASDAQ:JD) by 3.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 18,242 shares of the information services provider’s stock after selling 592 shares during the period. First Pacific Financial’s holdings in JD.com were worth $632,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of JD. Victory Capital Management Inc. increased its position in JD.com by 81.7% during the 2nd quarter. Victory Capital Management Inc. now owns 25,663 shares of the information services provider’s stock worth $663,000 after buying an additional 11,539 shares during the period. Envestnet Asset Management Inc. increased its position in JD.com by 9.6% during the second quarter. Envestnet Asset Management Inc. now owns 161,928 shares of the information services provider’s stock worth $4,184,000 after acquiring an additional 14,210 shares during the period. Dimensional Fund Advisors LP raised its stake in JD.com by 1.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 240,458 shares of the information services provider’s stock worth $6,213,000 after purchasing an additional 3,814 shares in the last quarter. Virtu Financial LLC bought a new stake in JD.com in the 2nd quarter valued at about $958,000. Finally, Vanguard Personalized Indexing Management LLC grew its position in shares of JD.com by 40.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 16,372 shares of the information services provider’s stock worth $423,000 after purchasing an additional 4,718 shares in the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on JD. StockNews.com upgraded JD.com from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Sanford C. Bernstein upgraded shares of JD.com from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from $43.00 to $46.00 in a research note on Monday, December 9th. Benchmark restated a “buy” rating and issued a $47.00 target price on shares of JD.com in a research report on Friday, November 15th. Citigroup reduced their price target on shares of JD.com from $52.00 to $51.00 and set a “buy” rating on the stock in a research report on Friday, November 15th. Finally, Barclays boosted their price objective on shares of JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Two equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $41.36.

JD.com Stock Up 0.1 %

Shares of NASDAQ JD opened at $35.42 on Friday. JD.com, Inc. has a 1 year low of $20.82 and a 1 year high of $47.82. 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 market cap of $55.86 billion, a PE ratio of 11.21, a price-to-earnings-growth ratio of 0.25 and a beta of 0.39. The company has a 50 day simple moving average of $36.12 and a 200 day simple moving average of $33.17.

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.