1,500 Shares in JD.com, Inc. (NASDAQ:JD) Purchased by Allianz SE

Allianz SE purchased a new stake in JD.com, Inc. (NASDAQ:JD) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,500 shares of the information services provider’s stock, valued at approximately $52,000.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Barclays increased their price target on JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, February 28th. Susquehanna reissued a “neutral” rating and set a $45.00 target price (up from $35.00) on shares of JD.com in a report on Wednesday, March 12th. Mizuho boosted their price target on JD.com from $43.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday, March 7th. Sanford C. Bernstein reiterated an “outperform” rating on shares of JD.com in a research note on Friday, March 7th. Finally, UBS Group set a $51.00 target price on shares of JD.com in a research report on Friday, March 7th. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, JD.com presently has an average rating of “Moderate Buy” and an average target price of $45.64.

JD.com Trading Down 1.1 %

Shares of JD stock opened at $41.12 on Tuesday. JD.com, Inc. has a twelve month low of $24.13 and a twelve month high of $47.82. The stock’s fifty day simple moving average is $41.29 and its 200 day simple moving average is $38.64. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $64.85 billion, a P/E ratio of 13.01, a P/E/G ratio of 0.31 and a beta of 0.43.

JD.com Increases Dividend

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

JD.com Company 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.