794 Shares in JD.com, Inc. (NASDAQ:JD) Purchased by Richardson Financial Services Inc.

Richardson Financial Services Inc. acquired a new stake in JD.com, Inc. (NASDAQ:JD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 794 shares of the information services provider’s stock, valued at approximately $27,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Brooklyn Investment Group acquired a new position in shares of JD.com during the 4th quarter worth $34,000. Nisa Investment Advisors LLC raised its position in JD.com by 71.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock worth $35,000 after acquiring an additional 417 shares during the last quarter. Modus Advisors LLC purchased a new stake in shares of JD.com in the fourth quarter valued at about $41,000. Wilmington Savings Fund Society FSB purchased a new position in shares of JD.com during the 3rd quarter worth approximately $49,000. Finally, Trium Capital LLP acquired a new position in shares of JD.com during the 4th quarter worth approximately $62,000. Institutional investors and hedge funds own 15.98% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Citigroup lowered their target price on JD.com from $52.00 to $51.00 and set a “buy” rating on the stock in a report on Friday, November 15th. StockNews.com cut JD.com from a “strong-buy” rating to a “buy” rating in a research report on Friday. Barclays upped their target price on shares of JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Benchmark reissued a “buy” rating and issued a $47.00 price objective on shares of JD.com in a research report on Friday, November 15th. Finally, Loop Capital upgraded shares of JD.com from a “hold” rating to a “buy” rating and decreased their target price for the stock from $49.00 to $48.00 in a research report on Monday, October 21st. Two investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $41.36.

JD.com Price Performance

JD stock opened at $40.72 on Monday. The stock has a 50-day moving average price of $36.93 and a two-hundred day moving average price of $34.23. The company has a market cap of $64.22 billion, a PE ratio of 12.89, a price-to-earnings-growth ratio of 0.30 and a beta of 0.39. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. JD.com, Inc. has a 12-month low of $21.18 and a 12-month high of $47.82.

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.