JD.com, Inc. (NASDAQ:JD) Shares Bought by Atomi Financial Group Inc.

Atomi Financial Group Inc. lifted its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 29.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,966 shares of the information services provider’s stock after buying an additional 5,241 shares during the period. Atomi Financial Group Inc.’s holdings in JD.com were worth $796,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JD. Brooklyn Investment Group acquired a new stake in JD.com in the fourth quarter valued at about $34,000. Modus Advisors LLC acquired a new stake in shares of JD.com in the 4th quarter valued at approximately $41,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of JD.com in the third quarter valued at approximately $49,000. Trium Capital LLP acquired a new stake in JD.com in the fourth quarter valued at $62,000. Finally, Huntington National Bank boosted its position in shares of JD.com by 32.1% during the 3rd quarter. Huntington National Bank now owns 1,861 shares of the information services provider’s stock worth $74,000 after purchasing an additional 452 shares in the last quarter. Hedge funds and other institutional investors own 15.98% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on JD shares. Sanford C. Bernstein upgraded shares of JD.com from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $43.00 to $46.00 in a research note on Monday, December 9th. Barclays boosted their price target on JD.com from $40.00 to $50.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 16th. Benchmark reaffirmed a “buy” rating and issued a $47.00 price objective on shares of JD.com in a research note on Friday, November 15th. StockNews.com upgraded JD.com from a “buy” rating to a “strong-buy” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. raised their price target on JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Two research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $41.36.

JD.com Stock Performance

Shares of NASDAQ JD opened at $39.12 on Thursday. 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 company has a market cap of $61.70 billion, a PE ratio of 12.38, a price-to-earnings-growth ratio of 0.29 and a beta of 0.39. The company has a 50-day simple moving average of $36.06 and a 200-day simple moving average of $33.54. JD.com, Inc. has a 12 month low of $21.18 and a 12 month high of $47.82.

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.