Hhlr Advisors LTD. Purchases 90,000 Shares of JD.com, Inc. (NASDAQ:JD)

Hhlr Advisors LTD. increased its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 5.6% in the 4th quarter, HoldingsChannel reports. The firm owned 1,690,000 shares of the information services provider’s stock after acquiring an additional 90,000 shares during the period. JD.com makes up approximately 2.0% of Hhlr Advisors LTD.’s holdings, making the stock its 12th largest holding. Hhlr Advisors LTD.’s holdings in JD.com were worth $58,592,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Virtu Financial LLC increased its stake in JD.com by 86.5% in the 3rd quarter. Virtu Financial LLC now owns 69,146 shares of the information services provider’s stock valued at $2,766,000 after buying an additional 32,079 shares during the last quarter. World Investment Advisors LLC bought a new position in JD.com in the 3rd quarter worth about $3,170,000. Wilmington Savings Fund Society FSB purchased a new position in JD.com during the third quarter valued at approximately $49,000. Tidal Investments LLC raised its position in shares of JD.com by 38.7% in the third quarter. Tidal Investments LLC now owns 34,036 shares of the information services provider’s stock worth $1,361,000 after buying an additional 9,500 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of JD.com during the 3rd quarter valued at about $341,000. 15.98% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

JD has been the subject of a number of research analyst reports. Dbs Bank raised shares of JD.com to a “strong-buy” rating in a report on Wednesday, February 12th. JPMorgan Chase & Co. increased their price target on shares of JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a research report on Friday, March 7th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of JD.com in a report on Friday, March 7th. StockNews.com cut JD.com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 11th. Finally, Barclays increased their price objective on JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, February 28th. Two investment analysts have rated the stock with a hold rating, ten 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 currently has a consensus rating of “Moderate Buy” and a consensus target price of $49.27.

JD.com Stock Performance

NASDAQ JD opened at $32.70 on Tuesday. The business has a 50 day simple moving average of $39.21 and a two-hundred day simple moving average of $38.40. JD.com, Inc. has a 1-year low of $24.13 and a 1-year high of $47.82. 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 stock has a market capitalization of $51.57 billion, a PE ratio of 10.35, a P/E/G ratio of 0.31 and a beta of 0.53.

JD.com Increases Dividend

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

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.