180 Wealth Advisors LLC Increases Holdings in JD.com, Inc. (NASDAQ:JD)

180 Wealth Advisors LLC raised its stake in shares of JD.com, Inc. (NASDAQ:JD) by 18.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,557 shares of the information services provider’s stock after buying an additional 3,184 shares during the quarter. 180 Wealth Advisors LLC’s holdings in JD.com were worth $563,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. CWM LLC raised its stake in JD.com by 69.3% during the fourth quarter. CWM LLC now owns 2,952 shares of the information services provider’s stock valued at $85,000 after buying an additional 1,208 shares during the last quarter. Compagnie Lombard Odier SCmA increased its holdings in shares of JD.com by 73.5% in the 4th quarter. Compagnie Lombard Odier SCmA now owns 3,850 shares of the information services provider’s stock worth $111,000 after purchasing an additional 1,631 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of JD.com by 20.1% in the 4th quarter. Parallel Advisors LLC now owns 4,102 shares of the information services provider’s stock worth $119,000 after purchasing an additional 686 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in shares of JD.com by 12.6% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 5,381 shares of the information services provider’s stock worth $155,000 after purchasing an additional 602 shares in the last quarter. Finally, FNY Investment Advisers LLC increased its holdings in shares of JD.com by 10.0% in the 4th quarter. FNY Investment Advisers LLC now owns 5,500 shares of the information services provider’s stock worth $158,000 after purchasing an additional 502 shares in the last quarter. Hedge funds and other institutional investors own 15.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. JPMorgan Chase & Co. lifted their target price on JD.com from $25.00 to $28.00 and gave the stock a “hold” rating in a report on Friday, April 5th. Loop Capital reduced their target price on JD.com from $35.00 to $31.00 and set a “hold” rating for the company in a report on Friday, June 21st. Mizuho lifted their target price on JD.com from $33.00 to $40.00 and gave the stock a “buy” rating in a report on Friday, May 17th. Nomura cut their price objective on JD.com from $36.00 to $33.00 in a report on Friday, April 5th. Finally, StockNews.com raised JD.com from a “buy” rating to a “strong-buy” rating in a report on Friday, June 21st. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $37.20.

JD.com Stock Performance

NASDAQ JD traded down $1.25 on Thursday, hitting $26.26. 13,972,834 shares of the company traded hands, compared to its average volume of 13,985,869. The company has a market capitalization of $41.42 billion, a price-to-earnings ratio of 12.02 and a beta of 0.46. The company has a current ratio of 1.15, a quick ratio of 0.88 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average price is $30.27 and its 200-day moving average price is $27.00. JD.com, Inc. has a 52-week low of $20.82 and a 52-week high of $41.95.

JD.com (NASDAQ:JD) last released its earnings results on Thursday, May 16th. The information services provider reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.17. The company had revenue of $36.02 billion for the quarter, compared to the consensus estimate of $35.75 billion. JD.com had a return on equity of 11.43% and a net margin of 2.26%. Equities analysts expect that JD.com, Inc. will post 3.08 earnings per share for the current year.

JD.com 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.