U.S. Capital Wealth Advisors LLC Buys New Stake in JD.com, Inc. $JD

U.S. Capital Wealth Advisors LLC purchased a new stake in JD.com, Inc. (NASDAQ:JD) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 17,264 shares of the information services provider’s stock, valued at approximately $604,000.

Several other hedge funds also recently made changes to their positions in JD. Assenagon Asset Management S.A. acquired a new stake in shares of JD.com during the third quarter worth about $36,749,000. Union Bancaire Privee UBP SA increased its position 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 worth $41,000 after buying an additional 680 shares during the period. Gradient Investments LLC boosted its holdings in shares of JD.com by 82.9% in the third quarter. Gradient Investments LLC now owns 33,218 shares of the information services provider’s stock valued at $1,162,000 after acquiring an additional 15,058 shares during the period. Aaron Wealth Advisors LLC grew its position in shares of 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 worth $232,000 after acquiring an additional 374 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings 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 acquiring an additional 156,069 shares during the period. Hedge funds and other institutional investors own 15.98% of the company’s stock.

JD.com Price Performance

Shares of JD opened at $29.08 on Wednesday. The company has a current ratio of 1.20, a quick ratio of 0.88 and a debt-to-equity ratio of 0.20. The stock’s 50 day moving average is $30.81 and its two-hundred day moving average is $32.11. JD.com, Inc. has a twelve month low of $28.21 and a twelve month high of $46.44. The firm has a market capitalization of $41.66 billion, a PE ratio of 9.89, a P/E/G ratio of 6.55 and a beta of 0.40.

JD.com (NASDAQ:JD) last posted 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 return on equity of 10.99% and a net margin of 2.46%.The business had revenue of $41.98 billion during the quarter, compared to analysts’ expectations of $40.87 billion. During the same period last year, the firm earned $8.68 EPS. The company’s quarterly revenue was up 14.9% compared to the same quarter last year. Research analysts anticipate that JD.com, Inc. will post 3.91 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on JD shares. Nomura decreased their price target on shares of JD.com from $43.00 to $37.00 and set a “buy” rating for the company in a research note on Monday, November 17th. Zacks Research upgraded shares of JD.com from a “strong sell” rating to a “hold” rating in a research note on Monday, September 8th. Wall Street Zen cut JD.com from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Benchmark decreased their price objective on JD.com from $42.00 to $38.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Finally, Susquehanna reiterated a “neutral” rating on shares of JD.com in a research note on Monday, November 24th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $39.14.

About JD.com

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.