IMA Wealth Inc. Sells 4,047 Shares of JD.com, Inc. (NASDAQ:JD)

IMA Wealth Inc. trimmed its position in shares of JD.com, Inc. (NASDAQ:JDGet Rating) by 8.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,924 shares of the information services provider’s stock after selling 4,047 shares during the quarter. IMA Wealth Inc.’s holdings in JD.com were worth $3,008,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gradient Investments LLC raised its holdings in JD.com by 25.0% in the 4th quarter. Gradient Investments LLC now owns 750 shares of the information services provider’s stock worth $53,000 after purchasing an additional 150 shares during the period. Stokes Family Office LLC raised its holdings in JD.com by 0.5% in the 3rd quarter. Stokes Family Office LLC now owns 30,297 shares of the information services provider’s stock worth $2,189,000 after purchasing an additional 163 shares during the period. AdvisorNet Financial Inc raised its holdings in JD.com by 5.2% in the 4th quarter. AdvisorNet Financial Inc now owns 3,554 shares of the information services provider’s stock worth $249,000 after purchasing an additional 175 shares during the period. Pinnacle Associates Ltd. raised its holdings in JD.com by 2.5% in the 4th quarter. Pinnacle Associates Ltd. now owns 8,135 shares of the information services provider’s stock worth $570,000 after purchasing an additional 200 shares during the period. Finally, National Asset Management Inc. raised its holdings in JD.com by 2.1% in the 3rd quarter. National Asset Management Inc. now owns 9,954 shares of the information services provider’s stock worth $720,000 after purchasing an additional 204 shares during the period. 31.57% of the stock is currently owned by hedge funds and other institutional investors.

Shares of JD.com stock traded up $2.51 during trading on Thursday, reaching $52.70. 978,197 shares of the stock traded hands, compared to its average volume of 14,265,546. The company has a market capitalization of $71.03 billion, a price-to-earnings ratio of -52.11 and a beta of 0.57. The business has a fifty day simple moving average of $57.01 and a two-hundred day simple moving average of $67.68. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.32 and a quick ratio of 1.01. JD.com, Inc. has a 52-week low of $41.56 and a 52-week high of $92.69.

JD.com (NASDAQ:JDGet Rating) last released its quarterly earnings results on Tuesday, May 17th. The information services provider reported $2.53 EPS for the quarter, topping the consensus estimate of $0.19 by $2.34. The company had revenue of $239.66 billion during the quarter, compared to analyst estimates of $235.73 billion. JD.com had a positive return on equity of 3.95% and a negative net margin of 1.03%. The firm’s revenue was up 18.0% on a year-over-year basis. During the same quarter last year, the business posted $0.22 earnings per share. On average, research analysts predict that JD.com, Inc. will post 1.18 earnings per share for the current fiscal year.

The company also recently disclosed a — dividend, which will be paid on Tuesday, June 14th. Shareholders of record on Friday, May 20th will be paid a $1.26 dividend. The ex-dividend date is Thursday, May 19th.

A number of equities analysts recently commented on JD shares. Morgan Stanley decreased their target price on JD.com from $98.00 to $85.00 and set an “overweight” rating on the stock in a report on Monday, March 7th. Benchmark decreased their price target on JD.com from $117.00 to $106.00 and set a “na” rating on the stock in a report on Wednesday, May 18th. StockNews.com raised JD.com from a “sell” rating to a “hold” rating in a report on Thursday. Stifel Nicolaus decreased their price target on JD.com from $110.00 to $95.00 in a report on Wednesday, January 26th. Finally, TheStreet cut JD.com from a “b-” rating to a “c” rating in a report on Monday, March 14th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, JD.com currently has a consensus rating of “Buy” and an average price target of $89.69.

JD.com Profile (Get Rating)

JD.com, Inc provides supply chain-based technologies and services 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, books, automobile accessories, apparel and footwear, bags, and jewelry.

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Institutional Ownership by Quarter for JD.com (NASDAQ:JD)

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