Robeco Institutional Asset Management B.V. Grows Stock Position in JD.com, Inc. (NASDAQ:JD)

Robeco Institutional Asset Management B.V. lifted its stake in JD.com, Inc. (NASDAQ:JD) by 76.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,313,700 shares of the information services provider’s stock after purchasing an additional 1,440,418 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in JD.com were worth $114,886,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brooklyn Investment Group purchased a new stake in JD.com during the 4th quarter worth about $34,000. Nisa Investment Advisors LLC lifted its holdings in 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 worth $35,000 after buying an additional 417 shares during the last quarter. Modus Advisors LLC purchased a new stake in JD.com during the 4th quarter worth about $41,000. Wilmington Savings Fund Society FSB purchased a new stake in JD.com during the 3rd quarter worth about $49,000. Finally, Trium Capital LLP purchased a new stake in JD.com during the 4th quarter worth about $62,000. 15.98% of the stock is currently owned by hedge funds and other institutional investors.

JD.com Stock Performance

NASDAQ JD opened at $41.07 on Wednesday. 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 business’s 50 day moving average is $36.57 and its two-hundred day moving average is $33.99. JD.com, Inc. has a 12-month low of $21.18 and a 12-month high of $47.82. The stock has a market capitalization of $64.77 billion, a price-to-earnings ratio of 13.00, a PEG ratio of 0.29 and a beta of 0.39.

Analyst Ratings Changes

A number of brokerages have issued reports on JD. JPMorgan Chase & Co. lifted their price target on 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 JD.com from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 23rd. Sanford C. Bernstein raised JD.com from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $43.00 to $46.00 in a report on Monday, December 9th. Barclays boosted their target price on JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Finally, Benchmark reissued a “buy” rating and issued a $47.00 target price on shares of JD.com in a report on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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.