Barrow Hanley Mewhinney & Strauss LLC Reduces Holdings in JD.com, Inc. (NASDAQ:JD)

Barrow Hanley Mewhinney & Strauss LLC reduced its stake in JD.com, Inc. (NASDAQ:JD) by 3.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,244,360 shares of the information services provider’s stock after selling 107,380 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned about 0.21% of JD.com worth $112,482,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Allianz SE bought a new stake in shares of JD.com in the 4th quarter valued at approximately $52,000. Transamerica Financial Advisors Inc. boosted its position in shares of JD.com by 41.1% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 3,604 shares of the information services provider’s stock valued at $125,000 after purchasing an additional 1,050 shares in the last quarter. Orion Portfolio Solutions LLC lifted its position in shares of JD.com by 32.9% during the 4th quarter. Orion Portfolio Solutions LLC now owns 22,053 shares of the information services provider’s stock valued at $765,000 after acquiring an additional 5,465 shares during the last quarter. Premier Fund Managers Ltd acquired a new position in shares of JD.com in the 4th quarter valued at $6,148,000. Finally, Norges Bank acquired a new stake in shares of JD.com during the fourth quarter valued at approximately $70,130,000. 15.98% of the stock is currently owned by hedge funds and other institutional investors.

JD.com Trading Down 3.1 %

NASDAQ JD opened at $41.58 on Friday. The stock has a market capitalization of $65.58 billion, a P/E ratio of 13.16, a P/E/G ratio of 0.31 and a beta of 0.43. JD.com, Inc. has a one year low of $24.13 and a one year high of $47.82. The business has a 50 day simple moving average of $41.25 and a 200 day simple moving average of $38.46. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90.

JD.com Increases Dividend

The company also recently declared an annual dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th will be issued a $0.76 dividend. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a yield of 1.7%. This is a positive change from JD.com’s previous annual dividend of $0.74. JD.com’s dividend payout ratio is presently 26.13%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on JD shares. Dbs Bank raised shares of JD.com to a “strong-buy” rating in a research note on Wednesday, February 12th. Sanford C. Bernstein reissued an “outperform” rating on shares of JD.com in a research report on Friday, March 7th. StockNews.com downgraded shares of JD.com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 11th. UBS Group set a $51.00 target price on JD.com in a research report on Friday, March 7th. Finally, Mizuho upped their price objective on JD.com from $43.00 to $50.00 and gave the company an “outperform” rating in a research note on Friday, March 7th. Two 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. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $45.64.

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.