Crossmark Global Holdings Inc. cut its position in shares of JD.Com Inc (NASDAQ:JD) by 4.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 31,357 shares of the information services provider’s stock after selling 1,330 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in JD.Com were worth $656,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Exane Derivatives bought a new stake in JD.Com in the fourth quarter worth about $75,000. Truewealth LLC raised its position in JD.Com by 13.2% in the fourth quarter. Truewealth LLC now owns 3,829 shares of the information services provider’s stock worth $80,000 after acquiring an additional 445 shares during the period. Ayalon Holdings Ltd. bought a new stake in JD.Com in the fourth quarter worth about $85,000. Fifth Third Bancorp raised its position in JD.Com by 1,497.0% in the third quarter. Fifth Third Bancorp now owns 4,312 shares of the information services provider’s stock worth $113,000 after acquiring an additional 4,042 shares during the period. Finally, Quadrant Capital Group LLC raised its position in JD.Com by 816.0% in the fourth quarter. Quadrant Capital Group LLC now owns 5,670 shares of the information services provider’s stock worth $116,000 after acquiring an additional 5,051 shares during the period. Institutional investors and hedge funds own 47.07% of the company’s stock.
Several brokerages have commented on JD. Zacks Investment Research raised shares of JD.Com from a “sell” rating to a “hold” rating in a research report on Wednesday. Nomura reaffirmed a “neutral” rating and issued a $24.00 price objective (down previously from $41.00) on shares of JD.Com in a research report on Tuesday, November 20th. ValuEngine raised shares of JD.Com from a “sell” rating to a “hold” rating in a research report on Thursday, December 6th. MKM Partners lowered their price objective on shares of JD.Com from $41.00 to $35.00 and set a “buy” rating on the stock in a research report on Friday, December 7th. Finally, Mizuho reaffirmed a “neutral” rating and issued a $20.00 price objective on shares of JD.Com in a research report on Thursday, December 13th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the stock. JD.Com currently has a consensus rating of “Hold” and a consensus price target of $33.49.
JD.Com (NASDAQ:JD) last posted its quarterly earnings results on Monday, November 19th. The information services provider reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.06). JD.Com had a net margin of 0.31% and a negative return on equity of 2.40%. The business had revenue of $104.77 billion during the quarter, compared to the consensus estimate of $105.93 billion. During the same period last year, the firm earned $1.52 EPS. The business’s revenue for the quarter was up 25.1% on a year-over-year basis. Research analysts predict that JD.Com Inc will post 0.02 earnings per share for the current fiscal year.
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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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