Transamerica Financial Advisors Inc. Purchases 1,050 Shares of JD.com, Inc. (NASDAQ:JD)

Transamerica Financial Advisors Inc. boosted its position in JD.com, Inc. (NASDAQ:JD) by 41.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,604 shares of the information services provider’s stock after acquiring an additional 1,050 shares during the period. Transamerica Financial Advisors Inc.’s holdings in JD.com were worth $125,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JD. Richardson Financial Services Inc. bought a new stake in shares of JD.com during the 4th quarter valued at $27,000. Brooklyn Investment Group acquired a new stake in shares of JD.com during the fourth quarter worth $34,000. Nisa Investment Advisors LLC increased its holdings in JD.com by 71.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock valued at $35,000 after purchasing an additional 417 shares during the last quarter. Modus Advisors LLC acquired a new position in JD.com in the fourth quarter valued at about $41,000. Finally, Wilmington Savings Fund Society FSB bought a new position in JD.com during the third quarter worth about $49,000. 15.98% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on JD. Susquehanna reiterated a “neutral” rating and issued a $45.00 price target (up from $35.00) on shares of JD.com in a research report on Wednesday, March 12th. UBS Group set a $51.00 price target on shares of JD.com in a research report on Friday, March 7th. StockNews.com lowered shares of JD.com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 11th. Benchmark lifted their target price on JD.com from $47.00 to $58.00 and gave the stock a “buy” rating in a report on Friday, March 7th. Finally, Barclays boosted their target price on JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, February 28th. Two investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $45.64.

JD.com Price Performance

NASDAQ:JD opened at $41.58 on Friday. The company has a market cap of $65.58 billion, a P/E ratio of 13.16, a P/E/G ratio of 0.31 and a beta of 0.43. JD.com, Inc. has a 52-week low of $24.13 and a 52-week high of $47.82. The stock’s 50-day simple moving average is $41.25 and its 200 day simple moving average is $38.46. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17.

JD.com Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th will be issued a dividend of $0.76 per share. This represents a yield of 1.7%. This is an increase from JD.com’s previous annual dividend of $0.74. The ex-dividend date is Tuesday, April 8th. JD.com’s payout ratio is presently 26.13%.

About JD.com

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.