Polunin Capital Partners Ltd Trims Stock Holdings in JD.com, Inc. $JD

Polunin Capital Partners Ltd reduced its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 3.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,971,856 shares of the information services provider’s stock after selling 66,000 shares during the period. JD.com accounts for approximately 10.3% of Polunin Capital Partners Ltd’s investment portfolio, making the stock its 2nd biggest holding. Polunin Capital Partners Ltd owned approximately 0.14% of JD.com worth $69,804,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in JD.com in the fourth quarter worth $270,000. Fox Run Management L.L.C. bought a new stake in shares of JD.com during the first quarter worth about $245,000. Aberdeen Group plc boosted its stake in JD.com by 17.3% during the 1st quarter. Aberdeen Group plc now owns 22,542 shares of the information services provider’s stock valued at $927,000 after purchasing an additional 3,320 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of JD.com by 1.3% in the first quarter. American Century Companies Inc. now owns 82,194 shares of the information services provider’s stock valued at $3,380,000 after purchasing an additional 1,026 shares in the last quarter. Finally, Brooklyn Investment Group grew its holdings in JD.com by 645.2% during the first quarter. Brooklyn Investment Group now owns 7,400 shares of the information services provider’s stock worth $304,000 after buying an additional 6,407 shares in the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock.

Wall Street Analyst Weigh In

JD has been the subject of several research analyst reports. Arete Research set a $32.00 target price on JD.com in a research report on Tuesday, December 9th. Arete cut JD.com from a “buy” rating to a “neutral” rating and set a $32.00 price objective on the stock. in a research note on Tuesday, December 9th. Nomura lowered their price target on shares of JD.com from $43.00 to $37.00 and set a “buy” rating on the stock in a research report on Monday, November 17th. Susquehanna reiterated a “neutral” rating on shares of JD.com in a research note on Monday, November 24th. Finally, Benchmark dropped their price objective on shares of JD.com from $42.00 to $38.00 and set a “buy” rating for the company in a report on Friday, November 14th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.14.

JD.com Price Performance

JD.com stock opened at $28.85 on Wednesday. JD.com, Inc. has a one year low of $28.21 and a one year high of $46.44. The stock has a fifty day moving average of $31.25 and a 200 day moving average of $32.25. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.88 and a current ratio of 1.20. The stock has a market cap of $41.33 billion, a PE ratio of 9.81, a price-to-earnings-growth ratio of 6.49 and a beta of 0.40.

JD.com (NASDAQ:JD) last released its quarterly earnings results on Thursday, November 13th. The information services provider reported $0.52 EPS for the quarter, beating the consensus estimate of $0.44 by $0.08. The firm had revenue of $41.98 billion during the quarter, compared to analyst estimates of $40.87 billion. JD.com had a net margin of 2.46% and a return on equity of 10.99%. The business’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $8.68 EPS. As a group, sell-side analysts predict that JD.com, Inc. will post 3.91 EPS for the current year.

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.