Aberdeen Asset Management PLC UK grew its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 1.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 143,331 shares of the information services provider’s stock after purchasing an additional 2,100 shares during the period. Aberdeen Asset Management PLC UK’s holdings in JD.com were worth $5,622,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the company. Highstreet Asset Management Inc. acquired a new position in shares of JD.com in the second quarter worth about $127,000. IFP Advisors Inc boosted its holdings in shares of JD.com by 585.2% in the second quarter. IFP Advisors Inc now owns 4,899 shares of the information services provider’s stock worth $192,000 after buying an additional 4,184 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of JD.com by 7.7% in the first quarter. Envestnet Asset Management Inc. now owns 6,498 shares of the information services provider’s stock worth $202,000 after buying an additional 464 shares during the period. Dimension Capital Management Partners acquired a new position in shares of JD.com in the second quarter worth about $224,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of JD.com in the first quarter worth about $242,000. Institutional investors own 46.43% of the company’s stock.

Several research analysts have commented on the stock. BidaskClub cut shares of JD.com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 15th. UBS AG reiterated a “neutral” rating and issued a $41.00 target price on shares of JD.com in a report on Monday, August 14th. Bank of America Corporation reiterated a “buy” rating and issued a $53.00 target price (up from $46.00) on shares of JD.com in a report on Wednesday, August 9th. Instinet reiterated a “buy” rating and issued a $55.00 target price (up from $46.00) on shares of JD.com in a report on Tuesday, August 15th. Finally, Vetr cut shares of JD.com from a “buy” rating to a “hold” rating and set a $44.29 target price for the company. in a report on Wednesday. Five investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. JD.com has an average rating of “Buy” and a consensus target price of $43.02.

JD.com, Inc. (NASDAQ JD) opened at 45.26 on Friday. JD.com, Inc. has a 12 month low of $23.38 and a 12 month high of $48.99. The company’s market cap is $64.42 billion. The company’s 50-day moving average is $43.55 and its 200 day moving average is $38.50.

JD.com (NASDAQ:JD) last released its quarterly earnings results on Monday, August 14th. The information services provider reported $0.02 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.02. JD.com had a negative return on equity of 1.80% and a negative net margin of 0.95%. The firm had revenue of $93.20 billion during the quarter, compared to the consensus estimate of $89.35 billion. During the same quarter in the prior year, the firm posted $0.29 EPS. The business’s revenue was up 43.6% on a year-over-year basis. Equities analysts forecast that JD.com, Inc. will post $0.47 earnings per share for the current fiscal year.

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About JD.com

JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.

Institutional Ownership by Quarter for JD.com (NASDAQ:JD)

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