Barrow Hanley Mewhinney & Strauss LLC Sells 107,380 Shares of JD.com, Inc. (NASDAQ:JD)

Barrow Hanley Mewhinney & Strauss LLC lessened its holdings in JD.com, Inc. (NASDAQ:JD) by 3.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,244,360 shares of the information services provider’s stock after selling 107,380 shares during the period. Barrow Hanley Mewhinney & Strauss LLC’s holdings in JD.com were worth $112,482,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Appaloosa LP boosted its stake in shares of JD.com by 43.4% in the 4th quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider’s stock valued at $362,852,000 after purchasing an additional 3,165,885 shares in the last quarter. Two Sigma Advisers LP boosted its stake in shares of JD.com by 329.9% during the 3rd quarter. Two Sigma Advisers LP now owns 6,306,700 shares of the information services provider’s stock valued at $252,268,000 after purchasing an additional 4,839,700 shares in the last quarter. Point72 Asset Management L.P. raised its position in shares of JD.com by 117.1% in the 3rd quarter. Point72 Asset Management L.P. now owns 4,033,900 shares of the information services provider’s stock worth $161,356,000 after acquiring an additional 2,175,568 shares in the last quarter. Maple Rock Capital Partners Inc. lifted its position in JD.com by 5.9% during the third 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. Finally, Robeco Institutional Asset Management B.V. boosted its stake in JD.com by 76.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 3,313,700 shares of the information services provider’s stock worth $114,886,000 after acquiring an additional 1,440,418 shares in the last quarter. Institutional investors own 15.98% of the company’s stock.

JD.com Stock Down 3.1 %

JD opened at $41.58 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17. The stock has a market capitalization 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 fifty day moving average of $41.25 and a two-hundred day moving average of $38.46. JD.com, Inc. has a fifty-two week low of $24.13 and a fifty-two week high of $47.82.

JD.com Increases Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Barclays upped 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. UBS Group set a $51.00 target price on JD.com in a research report on Friday, March 7th. Benchmark lifted their price objective on shares of JD.com from $47.00 to $58.00 and gave the company a “buy” rating in a report on Friday, March 7th. Mizuho upped their price target on shares of JD.com from $43.00 to $50.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. Finally, StockNews.com lowered shares of JD.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 11th. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $45.64.

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.