Todd Asset Management LLC Trims Stock Holdings in JD.com, Inc. $JD

Todd Asset Management LLC lowered its holdings in JD.com, Inc. (NASDAQ:JD) by 20.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 887,059 shares of the information services provider’s stock after selling 229,570 shares during the period. Todd Asset Management LLC owned about 0.06% of JD.com worth $25,459,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JD. Syquant Capital Sas purchased a new position in JD.com in the fourth quarter valued at about $35,323,000. Northwestern Mutual Wealth Management Co. boosted its holdings in JD.com by 1,172.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,234,636 shares of the information services provider’s stock valued at $35,434,000 after purchasing an additional 1,137,592 shares during the last quarter. HighTower Advisors LLC boosted its holdings in JD.com by 197.2% in the fourth quarter. HighTower Advisors LLC now owns 1,384,810 shares of the information services provider’s stock valued at $39,744,000 after purchasing an additional 918,880 shares during the last quarter. SIH Partners LLLP boosted its holdings in JD.com by 47.1% in the third quarter. SIH Partners LLLP now owns 2,866,236 shares of the information services provider’s stock valued at $100,261,000 after purchasing an additional 917,569 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in JD.com by 17.5% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,840,591 shares of the information services provider’s stock valued at $134,344,000 after purchasing an additional 572,456 shares during the last quarter. Hedge funds and other institutional investors own 15.98% of the company’s stock.

Analyst Upgrades and Downgrades

JD has been the subject of a number of analyst reports. Benchmark increased their price target on JD.com from $38.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Citigroup increased their price target on JD.com from $35.00 to $36.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Morgan Stanley increased their target price on JD.com from $25.00 to $27.00 and gave the stock an “underweight” rating in a report on Wednesday, May 13th. Wall Street Zen raised JD.com from a “sell” rating to a “hold” rating in a report on Saturday, April 18th. Finally, Zacks Research raised JD.com from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. Ten analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $38.77.

JD.com Stock Performance

Shares of NASDAQ JD opened at $30.52 on Monday. The company has a market cap of $43.72 billion, a price-to-earnings ratio of 23.84 and a beta of 0.41. JD.com, Inc. has a 12-month low of $24.51 and a 12-month high of $36.86. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 0.22. The stock’s 50 day simple moving average is $29.87 and its 200 day simple moving average is $29.24.

JD.com (NASDAQ:JD) last announced its quarterly earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share (EPS) for the quarter. The business 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%. Equities research analysts expect that JD.com, Inc. will post 2.66 EPS for the current year.

JD.com Increases Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, April 29th. Investors of record on Thursday, April 9th were issued a $1.00 dividend. This is a positive change from JD.com’s previous annual dividend of $0.76. The ex-dividend date of this dividend was Thursday, April 9th. This represents a dividend yield of 353.0%. JD.com’s dividend payout ratio (DPR) is 76.56%.

JD.com Company Profile

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.