Sigma Planning Corp Invests $215,000 in JD.com, Inc. (NASDAQ:JD)

Sigma Planning Corp purchased a new stake in JD.com, Inc. (NASDAQ:JD) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,363 shares of the information services provider’s stock, valued at approximately $215,000.

Other hedge funds have also recently bought and sold shares of the company. SRN Advisors LLC boosted its holdings in shares of JD.com by 1.6% in the 3rd quarter. SRN Advisors LLC now owns 32,200 shares of the information services provider’s stock worth $1,288,000 after acquiring an additional 516 shares in the last quarter. Panagora Asset Management Inc. grew its holdings in shares of JD.com by 2.8% during the second quarter. Panagora Asset Management Inc. now owns 26,143 shares of the information services provider’s stock worth $676,000 after purchasing an additional 719 shares during the last quarter. V Square Quantitative Management LLC increased its stake in shares of JD.com by 4.8% in the second quarter. V Square Quantitative Management LLC now owns 17,303 shares of the information services provider’s stock valued at $447,000 after buying an additional 797 shares in the last quarter. QRG Capital Management Inc. raised its holdings in shares of JD.com by 3.1% in the third quarter. QRG Capital Management Inc. now owns 29,297 shares of the information services provider’s stock valued at $1,172,000 after buying an additional 889 shares during the last quarter. Finally, First Pacific Financial lifted its position in JD.com by 5.6% during the 2nd quarter. First Pacific Financial now owns 16,927 shares of the information services provider’s stock worth $437,000 after buying an additional 891 shares in the last quarter. 15.98% of the stock is currently owned by institutional investors and hedge funds.

JD.com Trading Up 4.9 %

NASDAQ JD opened at $35.00 on Monday. JD.com, Inc. has a 52 week low of $20.82 and a 52 week high of $47.82. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.90 and a current ratio of 1.15. The stock’s 50 day moving average price is $37.35 and its two-hundred day moving average price is $31.56. The stock has a market capitalization of $55.20 billion, a price-to-earnings ratio of 11.08, a PEG ratio of 0.39 and a beta of 0.41.

JD.com (NASDAQ:JD) last released its earnings results on Thursday, August 15th. The information services provider reported $9.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $8.57. The business had revenue of $291.40 billion for the quarter, compared to the consensus estimate of $291.01 billion. JD.com had a return on equity of 14.70% and a net margin of 3.12%. JD.com’s quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.68 earnings per share. As a group, analysts anticipate that JD.com, Inc. will post 3.74 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on JD shares. StockNews.com lowered JD.com from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 13th. Barclays lifted their price objective on JD.com from $40.00 to $50.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. Citigroup cut their target price on shares of JD.com from $52.00 to $51.00 and set a “buy” rating on the stock in a research report on Friday. Loop Capital upgraded shares of JD.com from a “hold” rating to a “buy” rating and lowered their price target for the stock from $49.00 to $48.00 in a research report on Monday, October 21st. Finally, Benchmark reaffirmed a “buy” rating and issued a $47.00 price objective on shares of JD.com in a research note on Friday. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, JD.com has a consensus rating of “Moderate Buy” and a consensus price target of $40.36.

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.