JD.com, Inc. $JD Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC grew its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 139.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,334,816 shares of the information services provider’s stock after buying an additional 2,521,045 shares during the period. SG Americas Securities LLC’s holdings in JD.com were worth $128,181,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in JD. SIH Partners LLLP grew its holdings in JD.com by 74.1% in the 4th quarter. SIH Partners LLLP now owns 4,991,448 shares of the information services provider’s stock worth $143,255,000 after buying an additional 2,125,212 shares in the last quarter. Syquant Capital Sas bought a new stake in JD.com during the 4th quarter valued at $35,323,000. Northwestern Mutual Wealth Management Co. boosted its position in JD.com by 1,172.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,234,636 shares of the information services provider’s stock worth $35,434,000 after acquiring an additional 1,137,592 shares during the period. HighTower Advisors LLC boosted its position in JD.com by 197.2% during the 4th quarter. HighTower Advisors LLC now owns 1,384,810 shares of the information services provider’s stock worth $39,744,000 after acquiring an additional 918,880 shares during the period. Finally, L1 Capital Pty Ltd bought a new position in shares of JD.com in the fourth quarter worth $20,959,000. 15.98% of the stock is currently owned by institutional investors and hedge funds.

JD.com Price Performance

JD opened at $27.57 on Monday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.87 and a current ratio of 1.18. The company has a market capitalization of $34.41 billion, a PE ratio of 21.54 and a beta of 0.39. The stock’s fifty day moving average is $30.03 and its 200-day moving average is $29.06. JD.com, Inc. has a one year low of $24.51 and a one year high of $36.86.

JD.com (NASDAQ:JD) last announced its earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share for the quarter. The business had revenue of $45.79 billion during the quarter. JD.com had a return on equity of 5.90% and a net margin of 1.04%. On average, equities analysts predict that JD.com, Inc. will post 2.71 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on JD. Nomura raised their price target on JD.com from $40.00 to $41.00 and gave the company a “buy” rating in a report on Friday, May 15th. Barclays upped their price objective on shares of JD.com from $41.00 to $43.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Susquehanna raised their target price on shares of JD.com from $30.00 to $35.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Bank of America reissued a “buy” rating and set a $33.00 target price on shares of JD.com in a research note on Thursday, March 5th. Finally, Sanford C. Bernstein boosted their price target on shares of JD.com from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Nine equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $38.50.

About JD.com

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.