Trium Capital LLP Buys New Position in JD.com, Inc. (NASDAQ:JD)

Trium Capital LLP bought a new stake in JD.com, Inc. (NASDAQ:JD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,800 shares of the information services provider’s stock, valued at approximately $62,000.

Other institutional investors also recently added to or reduced their stakes in the company. Huntington National Bank increased its holdings in shares of JD.com by 32.1% during the 3rd quarter. Huntington National Bank now owns 1,861 shares of the information services provider’s stock worth $74,000 after purchasing an additional 452 shares during the period. SRN Advisors LLC grew its position in JD.com by 1.6% during the third quarter. SRN Advisors LLC now owns 32,200 shares of the information services provider’s stock worth $1,288,000 after buying an additional 516 shares in the last quarter. Douglass Winthrop Advisors LLC increased its stake in JD.com by 4.0% during the third quarter. Douglass Winthrop Advisors LLC now owns 21,230 shares of the information services provider’s stock valued at $849,000 after acquiring an additional 820 shares during the period. QRG Capital Management Inc. raised its holdings in JD.com by 3.1% in the 3rd quarter. QRG Capital Management Inc. now owns 29,297 shares of the information services provider’s stock valued at $1,172,000 after acquiring an additional 889 shares in the last quarter. Finally, Atomi Financial Group Inc. lifted its position in shares of JD.com by 5.7% in the 3rd quarter. Atomi Financial Group Inc. now owns 17,725 shares of the information services provider’s stock worth $709,000 after acquiring an additional 952 shares during the period. 15.98% of the stock is owned by institutional investors.

JD.com Trading Up 10.1 %

Shares of JD opened at $39.00 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17. The company has a market cap of $61.51 billion, a price-to-earnings ratio of 12.34, a PEG ratio of 0.25 and a beta of 0.39. The stock has a fifty day moving average price of $36.00 and a two-hundred day moving average price of $33.19. JD.com, Inc. has a 52-week low of $20.82 and a 52-week high of $47.82.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on JD. JPMorgan Chase & Co. boosted their price objective on JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Barclays increased their price objective on shares of JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Loop Capital upgraded shares of JD.com from a “hold” rating to a “buy” rating and decreased their target price for the company from $49.00 to $48.00 in a research report on Monday, October 21st. Benchmark reissued a “buy” rating and issued a $47.00 price target on shares of JD.com in a research report on Friday, November 15th. Finally, Citigroup cut their price target on shares of JD.com from $52.00 to $51.00 and set a “buy” rating for the company in a research note on Friday, November 15th. Two analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, JD.com presently has a consensus rating of “Moderate Buy” and a consensus price target 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.