JD.com, Inc. (NASDAQ:JD) Position Raised by North of South Capital LLP

North of South Capital LLP lifted its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 48.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,899,808 shares of the information services provider’s stock after buying an additional 942,629 shares during the period. JD.com makes up 12.2% of North of South Capital LLP’s portfolio, making the stock its 3rd biggest position. North of South Capital LLP’s holdings in JD.com were worth $100,536,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of JD. Richardson Financial Services Inc. bought a new stake in shares of JD.com during the 4th quarter valued at about $27,000. Brooklyn Investment Group purchased a new position in shares of JD.com during the 4th quarter valued at about $34,000. Nisa Investment Advisors LLC lifted its position in shares of JD.com by 71.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock valued at $35,000 after buying an additional 417 shares in the last quarter. Modus Advisors LLC purchased a new position in shares of JD.com during the 4th quarter valued at about $41,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of JD.com during the 3rd quarter valued at about $49,000. 15.98% of the stock is owned by hedge funds and other institutional investors.

JD.com Stock Up 5.1 %

NASDAQ JD opened at $41.20 on Friday. The stock’s 50 day moving average is $37.78 and its 200 day moving average is $35.55. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. JD.com, Inc. has a 12 month low of $21.18 and a 12 month high of $47.82. The stock has a market cap of $64.97 billion, a PE ratio of 13.04, a P/E/G ratio of 0.29 and a beta of 0.40.

Analyst Ratings Changes

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

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.