JD.com, Inc. $JD Holdings Cut by Aurora Investment Managers LLC.

Aurora Investment Managers LLC. decreased its position in shares of JD.com, Inc. (NASDAQ:JD) by 0.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 216,281 shares of the information services provider’s stock after selling 733 shares during the period. JD.com comprises approximately 4.3% of Aurora Investment Managers LLC.’s holdings, making the stock its 7th biggest holding. Aurora Investment Managers LLC.’s holdings in JD.com were worth $7,059,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hexagon Capital Partners LLC bought a new stake in shares of JD.com in the 1st quarter worth about $25,000. N.E.W. Advisory Services LLC bought a new stake in shares of JD.com in the 1st quarter worth about $32,000. Ameritas Advisory Services LLC bought a new stake in shares of JD.com in the 2nd quarter worth about $37,000. Wayfinding Financial LLC bought a new stake in shares of JD.com in the 1st quarter worth about $56,000. Finally, Farther Finance Advisors LLC increased its position in shares of JD.com by 23.7% in the 1st quarter. Farther Finance Advisors LLC now owns 1,605 shares of the information services provider’s stock worth $66,000 after purchasing an additional 308 shares during the last quarter. Institutional investors own 15.98% of the company’s stock.

JD.com Trading Up 0.3%

JD.com stock opened at $34.98 on Thursday. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average price of $32.92 and a two-hundred day moving average price of $33.76. The firm has a market capitalization of $50.11 billion, a price-to-earnings ratio of 9.83, a PEG ratio of 3.94 and a beta of 0.39. JD.com, Inc. has a 52-week low of $29.90 and a 52-week high of $46.44.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on JD. Zacks Research raised shares of JD.com from a “strong sell” rating to a “hold” rating in a research report on Monday, September 8th. UBS Group decreased their price target on shares of JD.com from $58.00 to $50.00 and set a “buy” rating for the company in a report on Thursday, July 10th. Bank of America decreased their price target on shares of JD.com from $44.00 to $37.00 and set a “buy” rating for the company in a report on Monday, July 14th. Benchmark decreased their price target on shares of JD.com from $53.00 to $47.00 and set a “buy” rating for the company in a report on Monday, July 21st. Finally, Citigroup initiated coverage on shares of JD.com in a report on Monday, August 11th. They issued a “buy” rating and a $42.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $42.86.

JD.com Profile

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.