Legal & General Group Plc Acquires 70,062 Shares of JD.com, Inc. $JD

Legal & General Group Plc lifted its holdings in JD.com, Inc. (NASDAQ:JD) by 4.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,545,460 shares of the information services provider’s stock after buying an additional 70,062 shares during the quarter. Legal & General Group Plc’s holdings in JD.com were worth $44,346,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Binnacle Investments Inc raised its holdings in shares of JD.com by 365.8% in the third quarter. Binnacle Investments Inc now owns 750 shares of the information services provider’s stock valued at $26,000 after buying an additional 589 shares during the last quarter. Assetmark Inc. raised its holdings in shares of JD.com by 62.0% in the third quarter. Assetmark Inc. now owns 1,043 shares of the information services provider’s stock valued at $36,000 after buying an additional 399 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in shares of JD.com by 657.9% during the third quarter. Golden State Wealth Management LLC now owns 1,152 shares of the information services provider’s stock valued at $40,000 after acquiring an additional 1,000 shares during the period. Wexford Capital LP bought a new position in JD.com in the third quarter valued at about $43,000. Finally, Strengthening Families & Communities LLC bought a new position in JD.com in the fourth quarter valued at about $49,000. 15.98% of the stock is owned by institutional investors.

Key Headlines Impacting JD.com

Here are the key news stories impacting JD.com this week:

• Positive Sentiment: JD.com’s founder publicly said the company will protect jobs and prioritize workers as it expands automation, which may help support sentiment around the company’s AI and logistics strategy. JD Founder Vows To Protect 900,000 Jobs From AI Automation
• Neutral Sentiment: JD.com is attracting heavy search interest on Zacks, signaling heightened investor curiosity, but the item does not include new fundamental or business developments. Investors Heavily Search JD.com, Inc. (JD): Here is What You Need to Know
• Neutral Sentiment: A similar article also noted that JD.com is one of the most-searched stocks on Yahoo Finance, reinforcing attention around the name rather than pointing to a specific business catalyst. Investors Heavily Search JD.com, Inc. (JD): Here is What You Need to Know
• Negative Sentiment: The European Commission opened a full-scale probe into JD.com’s roughly $2.6 billion bid for Germany’s Ceconomy, saying the deal could involve Chinese subsidies and potentially distort competition in the EU. That raises the risk of delays, concessions, or even a blocked transaction. JD.com’s Ceconomy deal faces full-scale EU subsidy investigation
• Negative Sentiment: Separate coverage also highlighted deeper EU scrutiny of the Ceconomy takeover, reinforcing concerns that JD.com’s overseas expansion could face regulatory hurdles. JD.com’s $2.6 Billion Ceconomy Takeover Move Faces In-Depth EU Probe

JD.com Trading Down 1.1%

NASDAQ:JD opened at $28.83 on Friday. JD.com, Inc. has a 1-year low of $24.51 and a 1-year high of $36.86. The business’s 50-day moving average price is $30.01 and its two-hundred day moving average price is $29.18. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $41.30 billion, a price-to-earnings ratio of 22.52 and a beta of 0.41.

JD.com (NASDAQ:JD) last released its earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share for the quarter. JD.com had a return on equity of 5.90% and a net margin of 1.04%.The firm had revenue of $45.79 billion for the quarter. On average, equities analysts expect that JD.com, Inc. will post 2.66 earnings per share for the current year.

JD.com Increases Dividend

The business also recently announced an annual dividend, which was paid on Wednesday, April 29th. Shareholders of record on Thursday, April 9th were paid a $1.00 dividend. The ex-dividend date of this dividend was Thursday, April 9th. This is a positive change from JD.com’s previous annual dividend of $0.76. This represents a yield of 353.0%. JD.com’s payout ratio is currently 76.56%.

Wall Street Analysts Forecast Growth

JD has been the topic of several recent research reports. Susquehanna raised their price target on JD.com from $30.00 to $35.00 and gave the company a “neutral” rating in a report on Thursday, May 14th. Barclays raised their price target on JD.com from $41.00 to $43.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Citigroup raised their price target on JD.com from $35.00 to $36.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Morgan Stanley raised their price target on JD.com from $25.00 to $27.00 and gave the company an “underweight” rating in a report on Wednesday, May 13th. Finally, Sanford C. Bernstein raised their price target on JD.com from $36.00 to $40.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Nine equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $38.50.

JD.com Profile

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.