Trilogy Capital Inc. Has $3.12 Million Stock Holdings in JD.com, Inc. $JD

Trilogy Capital Inc. decreased its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 49.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,516 shares of the information services provider’s stock after selling 117,688 shares during the period. Trilogy Capital Inc.’s holdings in JD.com were worth $3,122,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in JD. Binnacle Investments Inc increased its holdings in 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 purchasing an additional 589 shares in the last quarter. Root Financial Partners LLC grew its position in shares of JD.com by 1,020.0% during the 4th quarter. Root Financial Partners LLC now owns 1,120 shares of the information services provider’s stock worth $32,000 after buying an additional 1,020 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in shares of JD.com by 191.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,241 shares of the information services provider’s stock valued at $36,000 after acquiring an additional 815 shares in the last quarter. EFG International AG bought a new stake in shares of JD.com in the 4th quarter valued at $36,000. Finally, Inspire Investing LLC acquired a new position in shares of JD.com during the 4th quarter valued at $38,000. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Price Performance

Shares of JD opened at $32.97 on Wednesday. The business’s fifty day moving average is $28.75 and its 200 day moving average is $28.92. JD.com, Inc. has a 12-month low of $24.51 and a 12-month high of $36.86. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 0.22. The stock has a market cap of $41.16 billion, a P/E ratio of 25.76 and a beta of 0.38.

JD.com (NASDAQ:JD) last announced its quarterly earnings results on Tuesday, March 31st. The information services provider reported $0.37 EPS for the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.90%. The business had revenue of $45.79 billion during the quarter. Sell-side analysts anticipate that JD.com, Inc. will post 2.78 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently issued reports on JD shares. Barclays cut their target price on shares of JD.com from $43.00 to $41.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 15th. Susquehanna lifted their price target on shares of JD.com from $30.00 to $35.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Zacks Research upgraded shares of JD.com from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Daiwa Securities Group reissued a “hold” rating and set a $27.00 price objective on shares of JD.com in a research report on Tuesday, June 23rd. Finally, Citigroup raised their target price on JD.com from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $36.42.

JD.com Company Profile

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.