JD.com, Inc. (NASDAQ:JD) Shares Sold by EPIQ Capital Group LLC

EPIQ Capital Group LLC lessened its stake in JD.com, Inc. (NASDAQ:JD) by 10.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 75,148 shares of the information services provider’s stock after selling 8,915 shares during the quarter. JD.com comprises about 0.7% of EPIQ Capital Group LLC’s holdings, making the stock its 19th largest holding. EPIQ Capital Group LLC’s holdings in JD.com were worth $2,605,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Richardson Financial Services Inc. purchased a new stake in shares of JD.com during the fourth quarter worth about $27,000. Brooklyn Investment Group purchased a new stake in JD.com during the 4th quarter worth approximately $34,000. Nisa Investment Advisors LLC raised its position in shares of 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 purchased a new position in shares of JD.com during the 4th quarter valued at approximately $41,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of JD.com during the third quarter worth approximately $49,000. Institutional investors and hedge funds own 15.98% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on JD. StockNews.com cut JD.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 11th. JPMorgan Chase & Co. upped their target price on shares of JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday. Barclays raised their price target on JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, February 28th. Mizuho boosted their target price on JD.com from $43.00 to $50.00 and gave the stock an “outperform” rating in a report on Friday. Finally, 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. Two research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $43.92.

JD.com Price Performance

JD stock opened at $42.29 on Monday. JD.com, Inc. has a one year low of $23.78 and a one year high of $47.82. The firm has a 50-day moving average of $38.99 and a two-hundred day moving average of $36.85. The firm has a market capitalization of $66.70 billion, a PE ratio of 13.38, a P/E/G ratio of 0.31 and a beta of 0.43. 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 Increases Dividend

The company also recently declared an annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th will be given a $0.76 dividend. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, April 8th. This is an increase from JD.com’s previous annual dividend of $0.74. JD.com’s dividend payout ratio is 19.73%.

About JD.com

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.