Transamerica Financial Advisors Inc. Has $125,000 Stock Position in JD.com, Inc. (NASDAQ:JD)

Transamerica Financial Advisors Inc. grew its position in shares of JD.com, Inc. (NASDAQ:JD) by 41.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,604 shares of the information services provider’s stock after buying an additional 1,050 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in JD.com were worth $125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of the business. Maple Rock Capital Partners Inc. increased its holdings in JD.com by 5.9% in the 3rd quarter. Maple Rock Capital Partners Inc. now owns 3,577,138 shares of the information services provider’s stock valued at $143,086,000 after buying an additional 200,200 shares during the period. KBC Group NV raised its stake in shares of JD.com by 213.4% during the fourth quarter. KBC Group NV now owns 356,019 shares of the information services provider’s stock valued at $12,343,000 after acquiring an additional 242,409 shares during the last quarter. Appaloosa LP raised its position in JD.com by 43.4% during the 4th quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider’s stock worth $362,852,000 after purchasing an additional 3,165,885 shares during the last quarter. National Bank of Canada FI lifted its stake in shares of JD.com by 65,089.6% in the third quarter. National Bank of Canada FI now owns 2,214,492 shares of the information services provider’s stock worth $88,580,000 after acquiring an additional 2,211,095 shares during the period. Finally, Van ECK Associates Corp lifted its position in shares of JD.com by 20.4% in the 4th quarter. Van ECK Associates Corp now owns 393,597 shares of the information services provider’s stock worth $13,646,000 after purchasing an additional 66,693 shares during the period. 15.98% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on JD shares. Sanford C. Bernstein reissued an “outperform” rating on shares of JD.com in a research note on Friday, March 7th. UBS Group set a $51.00 price objective on shares of JD.com in a research note on Friday, March 7th. Susquehanna reaffirmed a “neutral” rating and set a $45.00 target price (up previously from $35.00) on shares of JD.com in a research report on Wednesday, March 12th. Barclays boosted their price target on shares of JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a report on Friday, February 28th. Finally, Mizuho upped their price objective on JD.com from $43.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday, March 7th. Two analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.64.

JD.com Stock Performance

NASDAQ:JD opened at $41.58 on Friday. The business’s fifty day moving average is $41.25 and its 200 day moving average is $38.46. JD.com, Inc. has a 52-week low of $24.13 and a 52-week high of $47.82. The firm has a market cap of $65.58 billion, a price-to-earnings ratio of 13.16, a PEG ratio of 0.31 and a beta of 0.43. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17.

JD.com Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th will be issued a dividend of $0.76 per share. This represents a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, April 8th. This is a positive change from JD.com’s previous annual dividend of $0.74. JD.com’s dividend payout ratio is 26.13%.

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.