Cambridge Investment Research Advisors Inc. Has $641,000 Stake in JD.com, Inc. (NASDAQ:JD)

Cambridge Investment Research Advisors Inc. trimmed its position in shares of JD.com, Inc. (NASDAQ:JD – Get Rating) by 16.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,412 shares of the information services provider’s stock after selling 2,218 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in JD.com were worth $641,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in JD. Stratos Wealth Advisors LLC acquired a new position in shares of JD.com in the fourth quarter valued at $1,913,000. Boston Partners increased its holdings in shares of JD.com by 282.2% in the third quarter. Boston Partners now owns 80,428 shares of the information services provider’s stock valued at $1,379,000 after purchasing an additional 59,387 shares during the last quarter. Naviter Wealth LLC increased its holdings in shares of JD.com by 14.7% in the fourth quarter. Naviter Wealth LLC now owns 12,724 shares of the information services provider’s stock valued at $784,000 after purchasing an additional 1,632 shares during the last quarter. Exchange Traded Concepts LLC increased its holdings in shares of JD.com by 12.3% in the fourth quarter. Exchange Traded Concepts LLC now owns 5,776 shares of the information services provider’s stock valued at $324,000 after purchasing an additional 631 shares during the last quarter. Finally, Prudential Financial Inc. increased its holdings in shares of JD.com by 329.7% in the third quarter. Prudential Financial Inc. now owns 79,974 shares of the information services provider’s stock valued at $4,099,000 after purchasing an additional 61,364 shares during the last quarter. 17.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

JD has been the topic of several research reports. Citigroup decreased their price objective on shares of JD.com from $83.00 to $68.00 and set a “buy” rating on the stock in a report on Tuesday, April 11th. Susquehanna decreased their price target on shares of JD.com from $45.00 to $40.00 in a research note on Thursday, May 18th. Mizuho decreased their price target on shares of JD.com from $80.00 to $70.00 in a research note on Tuesday, May 9th. Barclays decreased their price target on shares of JD.com from $74.00 to $52.00 and set an “overweight” rating on the stock in a research note on Thursday, April 13th. Finally, Bank of America decreased their price target on shares of JD.com from $68.00 to $56.00 in a research note on Sunday, May 14th. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, JD.com has a consensus rating of “Moderate Buy” and a consensus price target of $60.17.

JD.com Trading Down 2.6 %

JD opened at $35.04 on Wednesday. JD.com, Inc. has a twelve month low of $33.17 and a twelve month high of $68.29. The company has a 50-day simple moving average of $37.83 and a 200 day simple moving average of $48.78. The company has a quick ratio of 1.08, a current ratio of 1.36 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $47.85 billion, a price-to-earnings ratio of 19.91 and a beta of 0.44.

JD.com (NASDAQ:JD – Get Rating) last posted its quarterly earnings data on Thursday, March 9th. The information services provider reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.17. The business had revenue of $42.84 billion during the quarter, compared to analysts’ expectations of $43.18 billion. JD.com had a net margin of 1.87% and a return on equity of 9.63%. Analysts predict that JD.com, Inc. will post 2.2 EPS for the current fiscal year.

JD.com Announces Dividend

The business also recently announced a Variable dividend, which was paid on Thursday, May 4th. Stockholders of record on Thursday, April 6th were issued a $0.62 dividend. The ex-dividend date of this dividend was Wednesday, April 5th. This represents a dividend yield of 1.5%. JD.com’s dividend payout ratio (DPR) is currently 34.09%.

About JD.com

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JD.com, Inc is a technology-driven E-commerce company. It engages in the sale of electronics products and general merchandise products, including audio, video products, and books. It operates through the following segments: JD Retail, JD Logistics, and New Businesses. The JD Retail segment offers online retail, online marketplace, and marketing services.