Polymer Capital Management HK LTD Boosts Stake in JD.com, Inc. $JD

Polymer Capital Management HK LTD grew its stake in JD.com, Inc. (NASDAQ:JD) by 1,900.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 120,000 shares of the information services provider’s stock after buying an additional 114,000 shares during the period. Polymer Capital Management HK LTD’s holdings in JD.com were worth $3,444,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Dodge & Cox raised its holdings in shares of JD.com by 0.5% during the third quarter. Dodge & Cox now owns 18,792,249 shares of the information services provider’s stock worth $657,353,000 after purchasing an additional 86,300 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of JD.com by 11.6% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 4,441,095 shares of the information services provider’s stock worth $127,459,000 after purchasing an additional 463,033 shares during the last quarter. North of South Capital LLP raised its holdings in shares of JD.com by 4.4% during the fourth quarter. North of South Capital LLP now owns 4,253,012 shares of the information services provider’s stock worth $122,061,000 after purchasing an additional 180,081 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of JD.com by 17.5% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,840,591 shares of the information services provider’s stock worth $134,344,000 after purchasing an additional 572,456 shares during the last quarter. Finally, SIH Partners LLLP raised its holdings in shares of JD.com by 47.1% during the third quarter. SIH Partners LLLP now owns 2,866,236 shares of the information services provider’s stock worth $100,261,000 after purchasing an additional 917,569 shares during the last quarter. Hedge funds and other institutional investors own 15.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Zacks Research raised shares of JD.com from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. Benchmark raised their target price on shares of JD.com from $38.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Wall Street Zen raised shares of JD.com from a “sell” rating to a “hold” rating in a report on Saturday, April 18th. Nomura raised their target price on shares of JD.com from $40.00 to $41.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Finally, Susquehanna lifted their price objective on shares of JD.com from $30.00 to $35.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Nine investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, JD.com presently has an average rating of “Moderate Buy” and a consensus price target of $38.50.

Key Headlines Impacting JD.com

Here are the key news stories impacting JD.com this week:

• Positive Sentiment: JD.com is expanding its omnichannel strategy by opening its first physical JD Mall in Hong Kong, a move that could strengthen its brand, broaden revenue channels, and support long-term growth. JD.com Tests Omnichannel Ambitions With First Hong Kong JD Mall
• Positive Sentiment: Several recent market-commentary pieces argued that JD.com still looks attractively valued, suggesting investors may see upside if earnings hold up and sentiment toward Chinese e-commerce improves. JD.com: This Chinese E-Commerce Giant Is Still On Sale
• Neutral Sentiment: Analyst-style commentary questioned whether JD.com is a good stock to buy now, but this appears to be a valuation-focused opinion piece rather than a material company-specific catalyst. Is JD.com, Inc. (JD) A Good Stock To Buy Now?
• Negative Sentiment: JD.com was named in a securities-fraud investigation notice from multiple law firms, which can weigh on shares by creating legal overhang and investor uncertainty. JD.com, Inc. (JD) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
• Negative Sentiment: China’s latest warning on misleading ads and discount campaigns has pressured JD.com and other e-commerce names, reinforcing concerns that regulators may curb aggressive promotional tactics. Alibaba, JD.com shares fall as Beijing rebukes misleading discount campaigns

JD.com Stock Performance

Shares of JD stock opened at $28.56 on Friday. The company has a market capitalization of $35.65 billion, a P/E ratio of 22.31 and a beta of 0.39. The business’s 50 day moving average is $30.09 and its two-hundred day moving average is $29.11. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 0.22. JD.com, Inc. has a 12-month low of $24.51 and a 12-month high of $36.86.

JD.com (NASDAQ:JD) last issued its quarterly earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share (EPS) for the quarter. The company had revenue of $45.79 billion for the quarter. JD.com had a return on equity of 5.90% and a net margin of 1.04%. Analysts expect that JD.com, Inc. will post 2.71 EPS for the current fiscal year.

About JD.com

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.