Grantham Mayo Van Otterloo & Co. LLC Raises Stock Holdings in JD.com, Inc. (NASDAQ:JD)

Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in JD.com, Inc. (NASDAQ:JD) by 131.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 847,176 shares of the information services provider’s stock after purchasing an additional 480,546 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned 0.05% of JD.com worth $29,372,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Richardson Financial Services Inc. bought a new stake in shares of JD.com in the 4th quarter valued at approximately $27,000. Brooklyn Investment Group purchased a new stake in JD.com during the 4th quarter valued at $34,000. Nisa Investment Advisors LLC lifted its position 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 worth $35,000 after buying an additional 417 shares during the last quarter. Modus Advisors LLC purchased a new position in JD.com during the fourth quarter worth $41,000. Finally, Farther Finance Advisors LLC increased its position in JD.com by 111.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider’s stock valued at $45,000 after acquiring an additional 684 shares during the last quarter. Institutional investors own 15.98% of the company’s stock.

JD.com Trading Down 7.7 %

NASDAQ JD opened at $36.81 on Friday. The company’s 50-day simple moving average is $41.33 and its two-hundred day simple moving average is $38.93. JD.com, Inc. has a one year low of $24.13 and a one year high of $47.82. The company has a market capitalization of $58.05 billion, a price-to-earnings ratio of 11.65, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53. 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 firm also recently disclosed an annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th will be paid a $0.76 dividend. This is an increase from JD.com’s previous annual dividend of $0.74. The ex-dividend date is Tuesday, April 8th. This represents a yield of 1.7%. JD.com’s payout ratio is 26.13%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on JD shares. Sanford C. Bernstein restated an “outperform” rating on shares of JD.com in a report on Friday, March 7th. StockNews.com lowered JD.com from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 11th. JPMorgan Chase & Co. increased their price target on JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a report on Friday, March 7th. Mizuho boosted their price objective on JD.com from $43.00 to $50.00 and gave the company an “outperform” rating in a report on Friday, March 7th. Finally, Dbs Bank upgraded JD.com to a “strong-buy” rating in a research note on Wednesday, February 12th. Two equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $46.62.

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.