Union Bancaire Privee UBP SA Purchases Shares of 2,050 JD.com, Inc. (NASDAQ:JD)

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

Several other hedge funds have also bought and sold shares of JD. Richardson Financial Services Inc. bought a new position in JD.com during the fourth quarter worth $27,000. Brooklyn Investment Group bought a new stake in shares of JD.com during the 4th quarter worth about $34,000. Nisa Investment Advisors LLC grew its stake in 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 valued at $35,000 after buying an additional 417 shares during the last quarter. Modus Advisors LLC bought a new position in JD.com in the 4th quarter valued at about $41,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in JD.com during the third quarter worth approximately $49,000. 15.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JD has been the topic of several research reports. Sanford C. Bernstein raised JD.com from a “market perform” rating to an “outperform” rating and upped their target price for the company from $43.00 to $46.00 in a research report on Monday, December 9th. 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. StockNews.com downgraded shares of JD.com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 11th. Dbs Bank raised shares of JD.com to a “strong-buy” rating in a report on Wednesday, February 12th. Finally, Benchmark restated a “buy” rating and issued a $47.00 target price 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 assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $41.36.

JD.com Stock Performance

Shares of JD stock opened at $40.07 on Wednesday. The business’s 50 day simple moving average is $37.99 and its 200 day simple moving average is $36.01. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90. JD.com, Inc. has a one year low of $21.18 and a one year high of $47.82. The stock has a market capitalization of $63.20 billion, a PE ratio of 12.68, a PEG ratio of 0.31 and a beta of 0.40.

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.