JD.com, Inc. (NASDAQ:JD) shares acquired by Truist Financial Corp


Truist Financial Corp raised its stake in the shares of JD.com, Inc. (NASDAQ: J.D.Get a rating) by 8.6% during the first quarter, according to the company in its most recent communication with the Securities & Exchange Commission. The fund held 54,185 shares of the information services provider after acquiring an additional 4,295 shares during the period. Truist Financial Corp’s holdings in JD.com were worth $3,135,000 when it last filed with the SEC.

A number of other large investors also changed their positions in JD. Bristlecone Advisors LLC increased its stake in JD.com by 47.1% in Q1. Bristlecone Advisors LLC now owns 4,409 shares of the information services provider worth $255,000 after buying 1,412 additional shares in the last quarter. 180 Wealth Advisors LLC increased its stake in JD.com by 3.9% in Q1. 180 Wealth Advisors LLC now owns 7,058 shares of the information services provider worth $402,000 after buying 266 additional shares in the last quarter. Live Oak Private Wealth LLC increased its stake in JD.com by 9.0% in the 1st quarter. Live Oak Private Wealth LLC now owns 10,247 shares of the information services provider worth $593,000 after buying an additional 845 shares in the last quarter. Zurcher Kantonalbank Zurcher Kantonalbank increased its stake in JD.com by 1.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,318 shares of the information services provider worth $1,176,000 after buying 315 additional shares in the last quarter. Finally, Henry James International Management Inc. increased its stake in JD.com by 14.3% in the 1st quarter. Henry James International Management Inc. now owns 14,161 shares of the information services provider worth $819,000 after purchasing an additional 1,769 shares in the last quarter. Institutional investors and hedge funds hold 31.57% of the company’s shares.

JD.com stock performance

Shares of NASDAQ: J.D. opened at $60.26 on Friday. The company has a debt ratio of 0.06, a quick ratio of 1.01 and a current ratio of 1.32. JD.com, Inc. has a 1-year low of $41.56 and a 1-year high of $92.69. The company’s 50-day simple moving average is $58.80 and its 200-day simple moving average is $62.96. The company has a market capitalization of $81.22 billion, a P/E ratio of -59.08 and a beta of 0.45.

JD.com (NASDAQ: J.D.Get a rating) last released its quarterly earnings data on Tuesday, May 17. The information services provider reported earnings per share (EPS) of $0.28 for the quarter, beating the consensus estimate of $0.18 by $0.10. JD.com had a positive return on equity of 3.95% and a negative net margin of 1.03%. The company posted revenue of $239.66 billion for the quarter, versus a consensus estimate of $235.73 billion. During the same period of the previous year, the company achieved EPS of $0.22. JD.com’s revenue for the quarter increased 18.0% compared to the same quarter last year. On average, sell-side analysts expect JD.com, Inc. to post 1.34 earnings per share for the current fiscal year.

JD.com Dividend Announcement

The company also recently disclosed a — dividend, which was paid on Tuesday, June 14. Shareholders of record on Friday, May 20 received a dividend of $1.26 per share. The ex-dividend date was Thursday, May 19.

Wall Street analysts predict growth

JD has been the subject of a number of research analyst reports. Goldman Sachs Group cut its price target on JD.com from $98.00 to $89.00 and set a “buy” rating on the stock in a Monday July 11 research note. Susquehanna Bancshares cut its price target on JD.com from $66.00 to $55.00 and set a “neutral” rating on the stock in a Thursday, May 19 research note. CLSA reduced its price target on JD.com from $108.00 to $100.00 in a Wednesday, April 13 research note. Mizuho reduced his price target on JD.com from $100.00 to $90.00 in a Monday, May 2 research note. Finally, Citigroup raised its price target on JD.com from $90.00 to $93.00 and gave the company a “buy” rating in a Monday, July 11 research note. One research analyst rated the stock with a sell rating, three assigned a hold rating and eleven issued a buy rating to the company’s shares. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $85.87.

About JD.com

(Get a 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 including food, beverages and fresh produce, baby and maternity products, furniture and housewares, cosmetics and other personal care items, pharmaceutical and health products, books , automotive accessories, clothing and footwear, bags and jewelry.

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Institutional ownership by quarter for JD.com (NASDAQ:JD)



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