Optiver Holding B.V. Has $19.23 Million Holdings in JD.com, Inc. $JD

Optiver Holding B.V. lessened its holdings in shares of JD.com, Inc. (NASDAQ:JD) by 50.0% in the first quarter, HoldingsChannel.com reports. The firm owned 664,230 shares of the information services provider’s stock after selling 664,648 shares during the period. Optiver Holding B.V.’s holdings in JD.com were worth $19,231,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of JD. SIH Partners LLLP grew its holdings in shares of JD.com by 74.1% during the fourth quarter. SIH Partners LLLP now owns 4,991,448 shares of the information services provider’s stock valued at $143,255,000 after buying an additional 2,125,212 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in JD.com by 11.6% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 4,441,095 shares of the information services provider’s stock worth $127,459,000 after purchasing an additional 463,033 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of JD.com by 139.0% in the first quarter. SG Americas Securities LLC now owns 4,334,816 shares of the information services provider’s stock worth $128,181,000 after purchasing an additional 2,521,045 shares during the last quarter. North of South Capital LLP boosted its position in shares of JD.com by 4.4% during the fourth quarter. North of South Capital LLP now owns 4,253,012 shares of the information services provider’s stock valued at $122,061,000 after buying an additional 180,081 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in JD.com by 15.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,250,324 shares of the information services provider’s stock valued at $121,984,000 after buying an additional 562,894 shares during the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Price Performance

Shares of NASDAQ:JD opened at $33.01 on Friday. The company’s 50-day moving average is $28.64 and its 200 day moving average is $28.89. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.87 and a current ratio of 1.18. The company has a market capitalization of $41.21 billion, a P/E ratio of 25.79 and a beta of 0.40. JD.com, Inc. has a fifty-two week low of $24.51 and a fifty-two week high of $36.86.

JD.com (NASDAQ:JD) last posted its quarterly earnings data on Tuesday, March 31st. The information services provider reported $0.37 earnings per share (EPS) for the quarter. The business had revenue of $45.79 billion during the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.90%. On average, equities research analysts forecast that JD.com, Inc. will post 2.78 earnings per share for the current year.

Wall Street Analyst Weigh In

JD has been the topic of a number of analyst reports. Susquehanna lifted their price objective on shares of JD.com from $30.00 to $35.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Morgan Stanley raised their price target on shares of JD.com from $25.00 to $27.00 and gave the company an “underweight” rating in a research report on Wednesday, May 13th. Nomura boosted their price target on shares of JD.com from $40.00 to $41.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Arete Research set a $37.00 price objective on shares of JD.com in a research report on Friday, April 17th. Finally, Weiss Ratings upgraded shares of JD.com from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, JD.com has a consensus rating of “Moderate Buy” and a consensus target price of $36.42.

JD.com Profile

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.