28,800 Shares in JD.com, Inc. (NASDAQ:JD) Acquired by Tejara Capital Ltd

Tejara Capital Ltd acquired a new stake in shares of JD.com, Inc. (NASDAQ:JD) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 28,800 shares of the information services provider’s stock, valued at approximately $998,000.

A number of other institutional investors have also added to or reduced their stakes in JD. Two Sigma Advisers LP grew its holdings in JD.com by 329.9% during the 3rd quarter. Two Sigma Advisers LP now owns 6,306,700 shares of the information services provider’s stock valued at $252,268,000 after buying an additional 4,839,700 shares in the last quarter. FMR LLC boosted its position in shares of JD.com by 41.0% during the 3rd quarter. FMR LLC now owns 15,276,992 shares of the information services provider’s stock valued at $611,080,000 after acquiring an additional 4,445,277 shares during the last quarter. Appaloosa LP increased its position in JD.com by 43.4% in the fourth quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider’s stock worth $362,852,000 after purchasing an additional 3,165,885 shares during the last quarter. National Bank of Canada FI increased its position in JD.com by 65,089.6% in the third quarter. National Bank of Canada FI now owns 2,214,492 shares of the information services provider’s stock worth $88,580,000 after purchasing an additional 2,211,095 shares during the last quarter. Finally, Point72 Asset Management L.P. increased its position in JD.com by 117.1% in the third quarter. Point72 Asset Management L.P. now owns 4,033,900 shares of the information services provider’s stock worth $161,356,000 after purchasing an additional 2,175,568 shares during the last quarter. 15.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

JD has been the topic of several research reports. Barclays boosted their price target on shares of JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, February 28th. Susquehanna restated a “neutral” rating and issued a $45.00 price target (up previously from $35.00) on shares of JD.com in a research report on Wednesday, March 12th. Mizuho boosted their price target on shares of JD.com from $43.00 to $50.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. JPMorgan Chase & Co. boosted their price target on shares of JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, March 7th. Finally, Dbs Bank upgraded shares of JD.com to a “strong-buy” rating in a research report on Wednesday, February 12th. Two equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $45.64.

JD.com Stock Up 4.7 %

Shares of JD opened at $45.21 on Tuesday. The firm has a market capitalization of $71.30 billion, a P/E ratio of 14.31, a P/E/G ratio of 0.31 and a beta of 0.43. JD.com, Inc. has a 12-month low of $24.13 and a 12-month high of $47.82. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. The firm has a fifty day moving average price of $39.85 and a 200-day moving average price of $37.51.

JD.com Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 8th will be paid a dividend of $0.76 per share. This is a positive change from JD.com’s previous annual dividend of $0.74. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, April 8th. JD.com’s payout ratio is currently 26.13%.

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.