JD.com, Inc. $JD Shares Sold by Polunin Capital Partners Ltd

by · The Cerbat Gem

Polunin Capital Partners Ltd trimmed its stake in JD.com, Inc. (NASDAQ:JD – Free Report) by 1.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,947,668 shares of the information services provider’s stock after selling 24,188 shares during the period. JD.com comprises about 9.2% of Polunin Capital Partners Ltd’s investment portfolio, making the stock its 2nd biggest position. Polunin Capital Partners Ltd owned about 0.14% of JD.com worth $56,288,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Channing Global Advisors LLC boosted its stake in JD.com by 1.9% in the 3rd quarter. Channing Global Advisors LLC now owns 17,291 shares of the information services provider’s stock valued at $605,000 after buying an additional 321 shares in the last quarter. Aaron Wealth Advisors LLC raised its stake 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 worth $232,000 after acquiring an additional 374 shares in the last quarter. Assetmark Inc. raised its stake in JD.com by 62.0% during the third quarter. Assetmark Inc. now owns 1,043 shares of the information services provider’s stock worth $36,000 after acquiring an additional 399 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of JD.com by 1.4% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 28,760 shares of the information services provider’s stock valued at $1,006,000 after acquiring an additional 400 shares during the period. Finally, Prelude Capital Management LLC lifted its holdings in shares of JD.com by 1.0% during the third quarter. Prelude Capital Management LLC now owns 40,403 shares of the information services provider’s stock valued at $1,413,000 after acquiring an additional 403 shares during the period. Institutional investors own 15.98% of the company’s stock.

JD.com Stock Performance

JD.com stock opened at $28.46 on Friday. The company has a market cap of $40.77 billion, a PE ratio of 16.17, a PEG ratio of 8.21 and a beta of 0.36. The company has a current ratio of 1.22, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21. JD.com, Inc. has a 1 year low of $24.51 and a 1 year high of $40.26. The company’s 50-day moving average is $27.88 and its two-hundred day moving average is $30.12.

JD.com (NASDAQ:JD – Get Free Report) last issued its quarterly earnings results on Saturday, February 14th. The information services provider reported $0.04 EPS for the quarter. JD.com had a net margin of 1.48% and a return on equity of 7.56%. The company had revenue of $50.35 billion during the quarter. Equities analysts anticipate that JD.com, Inc. will post 3.91 earnings per share for the current year.

JD.com Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Wednesday, April 29th. Shareholders of record on Thursday, April 9th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Thursday, April 9th. This represents a yield of 396.0%. This is a boost from JD.com’s previous annual dividend of $0.76. JD.com’s dividend payout ratio (DPR) is presently 55.68%.

Wall Street Analyst Weigh In

JD has been the topic of several analyst reports. Barclays lowered their target price on shares of JD.com from $41.00 to $34.00 and set an “overweight” rating on the stock in a report on Monday, March 9th. Zacks Research raised shares of JD.com from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. Arete Research set a $32.00 price target on shares of JD.com in a research report on Tuesday, December 9th. Susquehanna dropped their price objective on shares of JD.com from $32.00 to $30.00 and set a “neutral” rating for the company in a report on Monday, March 9th. Finally, Nomura lifted their target price on shares of JD.com from $37.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Eleven research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $36.36.

Get Our Latest Analysis on JD.com

JD.com Profile

(Free Report)

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.

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