Several other equities analysts have also issued reports on JD. Zacks Investment Research upgraded JD.Com from a sell rating to a hold rating in a research note on Tuesday, December 18th. Credit Suisse Group set a $31.00 price target on JD.Com and gave the company a buy jd rating in a research note on Monday, December 24th. ValuEngine lowered JD.Com from a hold rating to a sell rating in a research note on Wednesday, January 2nd. Sanford C. Bernstein reiterated a mkt perform rating on shares of JD.Com in a research note on Monday, January 14th. Finally, Macquarie set a $22.00 price target on JD.Com and gave the company a hold rating in a research note on Friday, January 25th. Thirteen investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of $32.69.
Shares of NASDAQ JD opened at $29.91 on Friday. The firm has a market capitalization of $35.71 billion, a price-to-earnings ratio of -997.00 and a beta of 1.32. The company has a quick ratio of 0.50, a current ratio of 0.87 and a debt-to-equity ratio of 0.16. JD.Com has a fifty-two week low of $19.21 and a fifty-two week high of $45.23.
A number of hedge funds have recently modified their holdings of the stock. BlackRock Inc. lifted its holdings in JD.Com by 8.1% during the 4th quarter. BlackRock Inc. now owns 35,200,026 shares of the information services provider’s stock worth $736,736,000 after buying an additional 2,650,221 shares during the period. Dodge & Cox lifted its holdings in JD.Com by 20.2% during the 3rd quarter. Dodge & Cox now owns 31,986,772 shares of the information services provider’s stock worth $834,535,000 after buying an additional 5,382,080 shares during the period. Vanguard Group Inc lifted its holdings in JD.Com by 2.4% during the 3rd quarter. Vanguard Group Inc now owns 27,469,471 shares of the information services provider’s stock worth $716,678,000 after buying an additional 649,113 shares during the period. Hillhouse Capital Advisors Ltd. acquired a new position in JD.Com during the 4th quarter worth about $314,813,000. Finally, Fisher Asset Management LLC lifted its holdings in JD.Com by 6.2% during the 4th quarter. Fisher Asset Management LLC now owns 11,052,559 shares of the information services provider’s stock worth $231,330,000 after buying an additional 640,511 shares during the period. Institutional investors and hedge funds own 47.88% of the company’s stock.
JD.Com Company Profile
JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Mall and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.
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