Y Intercept Hong Kong Ltd Lowers Stock Holdings in JD.com, Inc. (NASDAQ:JD)

Y Intercept Hong Kong Ltd cut its stake in shares of JD.com, Inc. (NASDAQ:JD) by 82.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 88,504 shares of the information services provider’s stock after selling 401,854 shares during the period. Y Intercept Hong Kong Ltd’s holdings in JD.com were worth $3,068,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in JD. Rhumbline Advisers boosted its stake in shares of JD.com by 1.7% in the fourth quarter. Rhumbline Advisers now owns 16,186 shares of the information services provider’s stock valued at $561,000 after buying an additional 265 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of JD.com by 71.5% during 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 in the last quarter. Huntington National Bank grew its stake in shares of JD.com by 32.1% during the 3rd quarter. Huntington National Bank now owns 1,861 shares of the information services provider’s stock worth $74,000 after purchasing an additional 452 shares during the period. Crossmark Global Holdings Inc. increased its holdings in shares of JD.com by 0.6% in the 4th quarter. Crossmark Global Holdings Inc. now owns 100,589 shares of the information services provider’s stock valued at $3,487,000 after purchasing an additional 597 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA lifted its stake in shares of JD.com by 57.0% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 1,868 shares of the information services provider’s stock valued at $65,000 after purchasing an additional 678 shares during the period. 15.98% of the stock is owned by institutional investors and hedge funds.

JD.com Stock Performance

Shares of NASDAQ JD opened at $39.31 on Tuesday. The company has a 50-day simple moving average of $37.94 and a 200-day simple moving average of $35.91. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90. The company has a market cap of $62.00 billion, a PE ratio of 12.44, a price-to-earnings-growth ratio of 0.31 and a beta of 0.40. JD.com, Inc. has a 12 month low of $21.18 and a 12 month high of $47.82.

Analyst Ratings Changes

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

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.