Aviva PLC Has $10.57 Million Position in JD.com, Inc. (NASDAQ:JD)

Aviva PLC increased its stake in JD.com, Inc. (NASDAQ:JD) by 33.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 304,791 shares of the information services provider’s stock after purchasing an additional 76,620 shares during the period. Aviva PLC’s holdings in JD.com were worth $10,567,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in JD.com by 280.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 25,652 shares of the information services provider’s stock valued at $1,026,000 after purchasing an additional 18,916 shares during the period. Rockefeller Capital Management L.P. boosted its stake in JD.com by 24.3% in the third quarter. Rockefeller Capital Management L.P. now owns 21,295 shares of the information services provider’s stock valued at $851,000 after acquiring an additional 4,157 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in JD.com during the 3rd quarter worth $280,000. Quantinno Capital Management LP raised its position in shares of JD.com by 20.2% during the 3rd quarter. Quantinno Capital Management LP now owns 16,105 shares of the information services provider’s stock valued at $644,000 after acquiring an additional 2,712 shares during the last quarter. Finally, Stifel Financial Corp lifted its stake in shares of JD.com by 35.9% in the 3rd quarter. Stifel Financial Corp now owns 174,512 shares of the information services provider’s stock valued at $6,981,000 after purchasing an additional 46,130 shares during the period. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Stock Performance

Shares of JD.com stock opened at $33.02 on Wednesday. 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 $52.08 billion, a price-to-earnings ratio of 10.45, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53. The stock’s 50-day moving average is $40.92 and its 200-day moving average is $39.05. JD.com, Inc. has a one year low of $24.13 and a one year high of $47.82.

JD.com Increases Dividend

The company also recently declared an annual dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th will be given a dividend of $0.76 per share. The ex-dividend date is Tuesday, April 8th. This represents a yield of 1.7%. This is an increase from JD.com’s previous annual dividend of $0.74. JD.com’s dividend payout ratio is 26.13%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. StockNews.com cut JD.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 11th. JPMorgan Chase & Co. boosted their target price on JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, March 7th. UBS Group set a $51.00 price target on shares of JD.com in a research report on Friday, March 7th. Barclays boosted their price objective on shares of JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, February 28th. Finally, Susquehanna reiterated a “neutral” rating and issued a $45.00 target price (up from $35.00) on shares of JD.com in a report on Wednesday, March 12th. Two research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $46.62.

JD.com Company Profile

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.