JD.com, Inc. (JD) Shares Sold by Korea Investment CORP

Korea Investment CORP lessened its holdings in JD.com, Inc. (NASDAQ:JD) by 3.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 598,900 shares of the information services provider’s stock after selling 24,000 shares during the period. Korea Investment CORP’s holdings in JD.com were worth $22,878,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of JD. BlackRock Inc. increased its holdings in shares of JD.com by 0.8% during the second quarter. BlackRock Inc. now owns 31,030,874 shares of the information services provider’s stock worth $1,217,028,000 after buying an additional 260,994 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of JD.com by 5.9% in the second quarter. Fisher Asset Management LLC now owns 10,190,230 shares of the information services provider’s stock valued at $399,661,000 after purchasing an additional 571,705 shares in the last quarter. FIL Ltd increased its holdings in shares of JD.com by 36.1% in the second quarter. FIL Ltd now owns 9,860,118 shares of the information services provider’s stock valued at $386,713,000 after purchasing an additional 2,616,886 shares in the last quarter. Coronation Fund Managers Ltd. increased its holdings in shares of JD.com by 5.4% in the second quarter. Coronation Fund Managers Ltd. now owns 9,131,415 shares of the information services provider’s stock valued at $358,134,000 after purchasing an additional 471,882 shares in the last quarter. Finally, Harding Loevner LP increased its holdings in shares of JD.com by 2.4% in the second quarter. Harding Loevner LP now owns 6,427,134 shares of the information services provider’s stock valued at $252,072,000 after purchasing an additional 152,500 shares in the last quarter. 46.62% of the stock is owned by hedge funds and other institutional investors.

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JD.com, Inc. (NASDAQ:JD) traded up $1.38 during trading on Tuesday, hitting $41.34. 43,667,300 shares of the stock traded hands, compared to its average volume of 11,047,893. JD.com, Inc. has a one year low of $23.38 and a one year high of $48.99. The company has a current ratio of 1.20, a quick ratio of 0.91 and a debt-to-equity ratio of 0.35.

JD.com (NASDAQ:JD) last released its quarterly earnings data on Monday, August 14th. The information services provider reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. The company had revenue of $93.20 billion for the quarter, compared to analyst estimates of $89.35 billion. JD.com had a negative net margin of 0.95% and a negative return on equity of 1.80%. JD.com’s revenue for the quarter was up 43.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.29 EPS. research analysts expect that JD.com, Inc. will post -0.04 EPS for the current fiscal year.

JD has been the subject of a number of research reports. Zacks Investment Research lowered shares of JD.com from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. KeyCorp set a $49.00 price objective on shares of JD.com and gave the company a “buy” rating in a research note on Thursday, October 19th. UBS AG raised shares of JD.com from a “neutral” rating to a “buy” rating in a research note on Monday, October 30th. BidaskClub cut shares of JD.com from a “hold” rating to a “sell” rating in a research note on Thursday, September 28th. Finally, J P Morgan Chase & Co raised their price objective on shares of JD.com to $55.00 and gave the company a “positive” rating in a research note on Tuesday, August 15th. Five research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $45.76.

JD.com Company Profile

JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.

Institutional Ownership by Quarter for JD.com (NASDAQ:JD)

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