JD.com, Inc. (NASDAQ:JD) Stock Position Boosted by Maple Rock Capital Partners Inc.

Maple Rock Capital Partners Inc. boosted its position in JD.com, Inc. (NASDAQ:JD) by 5.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,577,138 shares of the information services provider’s stock after purchasing an additional 200,200 shares during the quarter. JD.com comprises approximately 4.0% of Maple Rock Capital Partners Inc.’s investment portfolio, making the stock its 3rd largest position. Maple Rock Capital Partners Inc. owned about 0.23% of JD.com worth $143,086,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of JD.com by 41.0% in the third quarter. FMR LLC now owns 15,276,992 shares of the information services provider’s stock valued at $611,080,000 after purchasing an additional 4,445,277 shares during the last quarter. Point72 Hong Kong Ltd purchased a new stake in JD.com in the 3rd quarter valued at $73,311,000. Hhlr Advisors LTD. raised its holdings in shares of JD.com by 2,523.0% during the 3rd quarter. Hhlr Advisors LTD. now owns 1,600,000 shares of the information services provider’s stock worth $64,000,000 after acquiring an additional 1,539,000 shares during the period. WT Asset Management Ltd purchased a new position in shares of JD.com during the 3rd quarter worth $55,635,000. Finally, Robeco Institutional Asset Management B.V. boosted its position in shares of JD.com by 177.7% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,873,282 shares of the information services provider’s stock valued at $74,931,000 after acquiring an additional 1,198,753 shares during the last quarter. Hedge funds and other institutional investors own 15.98% of the company’s stock.

Analyst Ratings Changes

JD has been the subject of several recent analyst reports. Loop Capital raised JD.com from a “hold” rating to a “buy” rating and cut their target price for the stock from $49.00 to $48.00 in a research note on Monday, October 21st. Benchmark restated a “buy” rating and issued a $47.00 price objective on shares of JD.com in a report on Friday, November 15th. Sanford C. Bernstein decreased their target price on shares of JD.com from $35.00 to $32.00 and set a “market perform” rating on the stock in a research report on Friday, August 16th. JPMorgan Chase & Co. lifted their price target on shares of JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Finally, Barclays upped their price objective on shares of JD.com from $40.00 to $50.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.36.

JD.com Stock Down 1.0 %

Shares of NASDAQ:JD opened at $37.10 on Wednesday. The firm has a 50 day simple moving average of $39.34 and a 200-day simple moving average of $31.80. JD.com, Inc. has a twelve month low of $20.82 and a twelve month high of $47.82. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $58.51 billion, a PE ratio of 11.74, a P/E/G ratio of 0.31 and a beta of 0.38.

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.