JD.com, Inc. $JD is Polunin Capital Partners Ltd’s 2nd Largest Position

Polunin Capital Partners Ltd trimmed its position in JD.com, Inc. (NASDAQ:JD) by 3.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,971,856 shares of the information services provider’s stock after selling 66,000 shares during the quarter. JD.com comprises about 10.3% of Polunin Capital Partners Ltd’s investment portfolio, making the stock its 2nd biggest position. Polunin Capital Partners Ltd’s holdings in JD.com were worth $69,804,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Union Bancaire Privee UBP SA raised its stake in JD.com by 136.0% during the third quarter. Union Bancaire Privee UBP SA now owns 1,180 shares of the information services provider’s stock valued at $41,000 after purchasing an additional 680 shares in the last quarter. Gradient Investments LLC increased its stake in JD.com by 82.9% during the third quarter. Gradient Investments LLC now owns 33,218 shares of the information services provider’s stock worth $1,162,000 after acquiring an additional 15,058 shares during the last quarter. Aaron Wealth Advisors LLC raised its position in JD.com by 6.0% during the third quarter. Aaron Wealth Advisors LLC now owns 6,630 shares of the information services provider’s stock valued at $232,000 after purchasing an additional 374 shares during the period. Osaic Holdings Inc. lifted its stake in shares of JD.com by 148.4% in the 2nd quarter. Osaic Holdings Inc. now owns 261,269 shares of the information services provider’s stock valued at $9,392,000 after purchasing an additional 156,069 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its stake in shares of JD.com by 4.7% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 20,827 shares of the information services provider’s stock worth $680,000 after purchasing an additional 941 shares during the period. 15.98% of the stock is currently owned by institutional investors.

JD.com Stock Performance

NASDAQ JD opened at $28.85 on Wednesday. The company has a fifty day moving average of $31.25 and a 200 day moving average of $32.25. The company has a market capitalization of $41.33 billion, a PE ratio of 9.81, a P/E/G ratio of 6.49 and a beta of 0.40. JD.com, Inc. has a 1 year low of $28.21 and a 1 year high of $46.44. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.20 and a quick ratio of 0.88.

JD.com (NASDAQ:JD) last released its quarterly earnings results on Thursday, November 13th. The information services provider reported $0.52 EPS for the quarter, beating the consensus estimate of $0.44 by $0.08. JD.com had a net margin of 2.46% and a return on equity of 10.99%. The company had revenue of $41.98 billion for the quarter, compared to analyst estimates of $40.87 billion. During the same quarter last year, the business earned $8.68 earnings per share. The firm’s revenue was up 14.9% on a year-over-year basis. Research analysts forecast that JD.com, Inc. will post 3.91 earnings per share for the current year.

Wall Street Analyst Weigh In

JD has been the topic of a number of analyst reports. Benchmark cut their target price on JD.com from $42.00 to $38.00 and set a “buy” rating on the stock in a research note on Friday, November 14th. Morgan Stanley downgraded shares of JD.com from an “equal weight” rating to an “underweight” rating and set a $28.00 price objective on the stock. in a research note on Monday, November 10th. Mizuho set a $41.00 target price on JD.com in a research report on Wednesday, October 22nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of JD.com in a research report on Monday. Finally, Susquehanna restated a “neutral” rating on shares of JD.com in a report on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $39.14.

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.