JD.com, Inc. (NASDAQ:JD) Shares Sold by Virtu Financial LLC

Virtu Financial LLC reduced its stake in JD.com, Inc. (NASDAQ:JD) by 47.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,543 shares of the information services provider’s stock after selling 32,603 shares during the period. Virtu Financial LLC’s holdings in JD.com were worth $1,267,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Richardson Financial Services Inc. acquired a new stake in JD.com in the 4th quarter valued at $27,000. Brooklyn Investment Group acquired a new stake in JD.com in the 4th quarter valued at $34,000. Nisa Investment Advisors LLC increased its holdings in JD.com by 71.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock valued at $35,000 after purchasing an additional 417 shares in the last quarter. Modus Advisors LLC acquired a new stake in shares of JD.com during the fourth quarter valued at about $41,000. Finally, Farther Finance Advisors LLC grew its stake in shares of JD.com by 111.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider’s stock valued at $45,000 after acquiring an additional 684 shares in the last quarter. 15.98% of the stock is currently owned by institutional investors and hedge funds.

JD.com Stock Performance

Shares of NASDAQ JD opened at $42.24 on Monday. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. The firm’s 50-day moving average price is $40.60 and its two-hundred day moving average price is $37.98. JD.com, Inc. has a 52-week low of $24.13 and a 52-week high of $47.82. The stock has a market capitalization of $66.62 billion, a P/E ratio of 13.37, a P/E/G ratio of 0.31 and a beta of 0.43.

JD.com Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th will be issued a $0.76 dividend. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a yield of 1.7%. This is a boost from JD.com’s previous annual dividend of $0.74. JD.com’s dividend payout ratio (DPR) is currently 26.13%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on JD shares. Dbs Bank upgraded JD.com to a “strong-buy” rating in a research note on Wednesday, February 12th. Susquehanna restated a “neutral” rating and set a $45.00 target price (up from $35.00) on shares of JD.com in a research note on Wednesday, March 12th. JPMorgan Chase & Co. raised their target price on JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, March 7th. Barclays raised their target price on JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, February 28th. Finally, StockNews.com downgraded JD.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 11th. Two equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $45.64.

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.