JD.com, Inc. (NASDAQ:JD) Shares Sold by Leuthold Group LLC

Leuthold Group LLC trimmed its holdings in JD.com, Inc. (NASDAQ:JD) by 1.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,616 shares of the information services provider’s stock after selling 283 shares during the period. Leuthold Group LLC’s holdings in JD.com were worth $507,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in JD. Two Sigma Advisers LP raised its position in shares of JD.com by 329.9% in the 3rd quarter. Two Sigma Advisers LP now owns 6,306,700 shares of the information services provider’s stock valued at $252,268,000 after purchasing an additional 4,839,700 shares in the last quarter. FMR LLC raised its position in shares of JD.com by 41.0% during the 3rd quarter. FMR LLC now owns 15,276,992 shares of the information services provider’s stock valued at $611,080,000 after acquiring an additional 4,445,277 shares in the last quarter. National Bank of Canada FI raised its position in shares of JD.com by 65,089.6% during the 3rd quarter. National Bank of Canada FI now owns 2,214,492 shares of the information services provider’s stock valued at $88,580,000 after acquiring an additional 2,211,095 shares in the last quarter. Point72 Asset Management L.P. raised its position in shares of JD.com by 117.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 4,033,900 shares of the information services provider’s stock valued at $161,356,000 after acquiring an additional 2,175,568 shares in the last quarter. Finally, Point72 Hong Kong Ltd acquired a new stake in shares of JD.com during the 3rd quarter valued at approximately $73,311,000. 15.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Sanford C. Bernstein raised JD.com from a “market perform” rating to an “outperform” rating and upped their price target for the company from $43.00 to $46.00 in a research report on Monday, December 9th. Benchmark reissued a “buy” rating and set a $47.00 price target on shares of JD.com in a research report on Friday, November 15th. Dbs Bank raised JD.com to a “strong-buy” rating in a research report on Wednesday, February 12th. Citigroup dropped their price target on 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, StockNews.com lowered JD.com from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 11th. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $41.36.

JD.com Trading Up 3.0 %

NASDAQ:JD opened at $42.42 on Friday. JD.com, Inc. has a 1 year low of $21.18 and a 1 year high of $47.82. The stock has a market cap of $66.90 billion, a price-to-earnings ratio of 13.42, a PEG ratio of 0.31 and a beta of 0.40. The business has a fifty day moving average of $37.89 and a 200-day moving average of $35.75. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17.

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.