JD.com, Inc. $JD Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its position in shares of JD.com, Inc. (NASDAQ:JD) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,356,490 shares of the information services provider’s stock after buying an additional 235,034 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.67% of JD.com worth $222,283,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Y Intercept Hong Kong Ltd purchased a new position in shares of JD.com in the 1st quarter valued at about $7,537,000. KBC Group NV raised its holdings in shares of JD.com by 78.8% in the first quarter. KBC Group NV now owns 459,316 shares of the information services provider’s stock worth $13,582,000 after acquiring an additional 202,488 shares during the last quarter. Tidal Investments LLC raised its holdings in shares of JD.com by 109.1% in the second quarter. Tidal Investments LLC now owns 382,838 shares of the information services provider’s stock worth $9,755,000 after acquiring an additional 199,724 shares during the last quarter. Quantinno Capital Management LP lifted its position in shares of JD.com by 187.2% in the first quarter. Quantinno Capital Management LP now owns 189,079 shares of the information services provider’s stock valued at $5,591,000 after acquiring an additional 123,244 shares in the last quarter. Finally, Handelsbanken Fonder AB lifted its position in shares of JD.com by 20.2% in the second quarter. Handelsbanken Fonder AB now owns 477,000 shares of the information services provider’s stock valued at $12,154,000 after acquiring an additional 80,000 shares in the last quarter. 15.98% of the stock is owned by hedge funds and other institutional investors.

JD.com Trading Down 0.1%

Shares of JD opened at $26.76 on Wednesday. The stock has a fifty day moving average of $27.61 and a two-hundred day moving average of $28.94. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.82 and a current ratio of 1.14. The company has a market capitalization of $33.40 billion, a PE ratio of 18.58 and a beta of 0.33. JD.com, Inc. has a fifty-two week low of $24.51 and a fifty-two week high of $35.06.

JD.com (NASDAQ:JD) last issued its quarterly earnings results on Thursday, August 13th. The information services provider reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The company had revenue of $50.99 billion for the quarter, compared to analyst estimates of $50.38 billion. JD.com had a return on equity of 6.78% and a net margin of 1.13%. The business’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.97 EPS. As a group, analysts forecast that JD.com, Inc. will post 2.90 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on JD shares. Barclays decreased their price objective on JD.com from $41.00 to $38.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 14th. Mizuho set a $39.00 target price on shares of JD.com in a research note on Friday, August 14th. Weiss Ratings raised shares of JD.com from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, October 6th. Arete Research set a $30.00 target price on shares of JD.com and gave the company a “neutral” rating in a report on Monday, September 7th. Finally, Susquehanna decreased their price target on shares of JD.com from $35.00 to $30.00 and set a “neutral” rating on the stock in a research note on Monday, August 17th. Eight investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $35.33.

JD.com Profile

JD.com, Inc (NASDAQ:JD) is a technology and e-commerce company headquartered in Beijing, China. The company operates an online retail platform offering consumer electronics, appliances, computers, mobile devices, apparel, groceries, healthcare products and other consumer goods. Its business includes both direct sales of products and a marketplace that enables third-party merchants to reach customers.

Founded in 1998 by Richard Liu, JD.com has developed an integrated retail and logistics model designed to support product sourcing, warehousing, order fulfillment and delivery.