Sanctuary Advisors LLC Purchases 43,227 Shares of JD.com, Inc. (NASDAQ:JD)

Sanctuary Advisors LLC lifted its position in shares of JD.com, Inc. (NASDAQ:JD) by 187.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 66,327 shares of the information services provider’s stock after acquiring an additional 43,227 shares during the quarter. Sanctuary Advisors LLC’s holdings in JD.com were worth $2,300,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in JD. Richardson Financial Services Inc. bought a new position in shares of JD.com during the 4th quarter worth $27,000. Brooklyn Investment Group bought a new position in JD.com in the 4th quarter worth about $34,000. Nisa Investment Advisors LLC boosted its stake in 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 worth $35,000 after purchasing an additional 417 shares during the period. Modus Advisors LLC bought a new position in JD.com in the 4th quarter worth about $41,000. Finally, Wilmington Savings Fund Society FSB bought a new position in JD.com in the 3rd quarter worth about $49,000. Institutional investors own 15.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Benchmark restated a “buy” rating and issued a $47.00 target price on shares of JD.com in a research note on Friday, November 15th. StockNews.com downgraded JD.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 11th. Citigroup cut their target price on JD.com from $52.00 to $51.00 and set a “buy” rating for the company in a research note on Friday, November 15th. Sanford C. Bernstein upgraded JD.com from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $43.00 to $46.00 in a research note on Monday, December 9th. Finally, Dbs Bank upgraded JD.com to a “strong-buy” rating in a research report on Wednesday, February 12th. Two analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $41.36.

JD.com Stock Performance

Shares of NASDAQ JD opened at $42.42 on Friday. The stock has a market cap of $66.90 billion, a price-to-earnings ratio of 13.42, a P/E/G ratio of 0.31 and a beta of 0.40. 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 1-year low of $21.18 and a 1-year high of $47.82. The stock’s 50-day moving average is $37.89 and its 200 day moving average is $35.75.

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.