NFJ Investment Group LLC Boosts Stake in JD.com, Inc. $JD

NFJ Investment Group LLC lifted its holdings in JD.com, Inc. (NASDAQ:JD) by 61.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 699,518 shares of the information services provider’s stock after purchasing an additional 267,159 shares during the period. NFJ Investment Group LLC’s holdings in JD.com were worth $20,076,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of JD. Binnacle Investments Inc lifted its stake in shares of JD.com by 365.8% in the third quarter. Binnacle Investments Inc now owns 750 shares of the information services provider’s stock worth $26,000 after buying an additional 589 shares in the last quarter. Root Financial Partners LLC raised its stake in JD.com by 1,020.0% during the fourth quarter. Root Financial Partners LLC now owns 1,120 shares of the information services provider’s stock worth $32,000 after purchasing an additional 1,020 shares during the period. Assetmark Inc. raised its stake in JD.com by 62.0% during the third quarter. Assetmark Inc. now owns 1,043 shares of the information services provider’s stock worth $36,000 after purchasing an additional 399 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in JD.com by 191.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,241 shares of the information services provider’s stock worth $36,000 after purchasing an additional 815 shares during the period. Finally, Wexford Capital LP purchased a new position in JD.com during the third quarter worth about $43,000. 15.98% of the stock is owned by hedge funds and other institutional investors.

JD.com Trading Up 1.8%

Shares of JD stock opened at $28.56 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.87 and a current ratio of 1.18. The stock has a market capitalization of $35.65 billion, a P/E ratio of 22.31 and a beta of 0.39. The company has a 50 day moving average price of $30.09 and a 200 day moving average price of $29.11. JD.com, Inc. has a fifty-two week low of $24.51 and a fifty-two week high of $36.86.

JD.com (NASDAQ:JD) last announced its quarterly earnings data on Tuesday, March 31st. The information services provider reported $0.37 earnings per share for the quarter. The firm had revenue of $45.79 billion during the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.90%. Equities research analysts predict that JD.com, Inc. will post 2.71 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on JD shares. Zacks Research raised shares of JD.com from a “strong sell” rating to a “hold” rating in a research note on Monday, March 2nd. Barclays lifted their target price on shares of JD.com from $41.00 to $43.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Sanford C. Bernstein lifted their target price on shares of JD.com from $36.00 to $40.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Nomura lifted their target price on shares of JD.com from $40.00 to $41.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Finally, Benchmark lifted their target price on shares of JD.com from $38.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Nine equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $38.50.

Key JD.com News

Here are the key news stories impacting JD.com this week:

• Positive Sentiment: JD.com is expanding its omnichannel strategy by opening its first physical JD Mall in Hong Kong, a move that could strengthen its brand, broaden revenue channels, and support long-term growth. JD.com Tests Omnichannel Ambitions With First Hong Kong JD Mall
• Positive Sentiment: Several recent market-commentary pieces argued that JD.com still looks attractively valued, suggesting investors may see upside if earnings hold up and sentiment toward Chinese e-commerce improves. JD.com: This Chinese E-Commerce Giant Is Still On Sale
• Neutral Sentiment: Analyst-style commentary questioned whether JD.com is a good stock to buy now, but this appears to be a valuation-focused opinion piece rather than a material company-specific catalyst. Is JD.com, Inc. (JD) A Good Stock To Buy Now?
• Negative Sentiment: JD.com was named in a securities-fraud investigation notice from multiple law firms, which can weigh on shares by creating legal overhang and investor uncertainty. JD.com, Inc. (JD) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
• Negative Sentiment: China’s latest warning on misleading ads and discount campaigns has pressured JD.com and other e-commerce names, reinforcing concerns that regulators may curb aggressive promotional tactics. Alibaba, JD.com shares fall as Beijing rebukes misleading discount campaigns

About JD.com

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.