Union Bancaire Privee UBP SA Makes New Investment in JD.com, Inc. (NASDAQ:JD)

Union Bancaire Privee UBP SA purchased a new position in shares of JD.com, Inc. (NASDAQ:JD) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,050 shares of the information services provider’s stock, valued at approximately $66,000.

Several other large investors also recently modified their holdings of JD. Brooklyn Investment Group acquired a new stake in JD.com in the fourth quarter valued at approximately $34,000. Nisa Investment Advisors LLC lifted its holdings in shares of JD.com by 71.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock worth $35,000 after purchasing an additional 417 shares in the last quarter. Modus Advisors LLC acquired a new stake in JD.com in the 4th quarter valued at $41,000. Wilmington Savings Fund Society FSB bought a new stake in JD.com during the 3rd quarter valued at $49,000. Finally, Trium Capital LLP acquired a new position in JD.com during the fourth quarter worth $62,000. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Price Performance

Shares of NASDAQ:JD opened at $40.26 on Thursday. JD.com, Inc. has a one year low of $21.18 and a one 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 firm has a market capitalization of $63.49 billion, a price-to-earnings ratio of 12.74, a PEG ratio of 0.29 and a beta of 0.39. The company’s fifty day moving average price is $36.57 and its 200-day moving average price is $33.99.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on JD shares. Barclays lifted their price objective on shares of JD.com from $40.00 to $50.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. StockNews.com raised shares of JD.com from a “buy” rating to a “strong-buy” rating in a research report on Thursday, January 23rd. Benchmark reissued a “buy” rating and set a $47.00 target price on shares of JD.com in a research report on Friday, November 15th. Citigroup reduced their target price on JD.com from $52.00 to $51.00 and set a “buy” rating for the company in a report on Friday, November 15th. Finally, Loop Capital upgraded JD.com from a “hold” rating to a “buy” rating and dropped their price target for the stock from $49.00 to $48.00 in a report on Monday, October 21st. Two equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $41.36.

JD.com 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.