Standard Life Aberdeen plc Has $3.19 Million Stake in JD.Com Inc (JD)

Standard Life Aberdeen plc cut its stake in shares of JD.Com Inc (NASDAQ:JD) by 92.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 146,827 shares of the information services provider’s stock after selling 1,701,070 shares during the quarter. Standard Life Aberdeen plc’s holdings in JD.Com were worth $3,187,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. BlackRock Inc. increased its holdings in JD.Com by 8.1% in the 4th quarter. BlackRock Inc. now owns 35,200,026 shares of the information services provider’s stock worth $736,736,000 after buying an additional 2,650,221 shares in the last quarter. Dodge & Cox increased its holdings in JD.Com by 20.2% in the 3rd quarter. Dodge & Cox now owns 31,986,772 shares of the information services provider’s stock worth $834,535,000 after buying an additional 5,382,080 shares in the last quarter. Vanguard Group Inc increased its holdings in JD.Com by 2.4% in the 3rd quarter. Vanguard Group Inc now owns 27,469,471 shares of the information services provider’s stock worth $716,678,000 after buying an additional 649,113 shares in the last quarter. Fisher Asset Management LLC increased its holdings in JD.Com by 6.2% in the 4th quarter. Fisher Asset Management LLC now owns 11,052,559 shares of the information services provider’s stock worth $231,330,000 after buying an additional 640,511 shares in the last quarter. Finally, First Pacific Advisors LP increased its holdings in JD.Com by 454.8% in the 3rd quarter. First Pacific Advisors LP now owns 9,369,029 shares of the information services provider’s stock worth $244,438,000 after buying an additional 7,680,288 shares in the last quarter. Hedge funds and other institutional investors own 47.11% of the company’s stock.

Shares of NASDAQ:JD opened at $27.89 on Friday. The stock has a market capitalization of $33.58 billion, a price-to-earnings ratio of -929.67 and a beta of 1.31. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.50 and a current ratio of 0.87. JD.Com Inc has a 52-week low of $19.21 and a 52-week high of $45.48.

Several equities research analysts recently commented on JD shares. TH Capital reduced their price objective on JD.Com to $30.00 and set a “buy” rating for the company in a report on Friday, November 16th. Benchmark dropped their target price on JD.Com to $31.00 and set a “buy” rating on the stock in a research report on Tuesday, November 20th. Credit Suisse Group set a $31.00 target price on JD.Com and gave the stock a “buy” rating in a research report on Tuesday, November 20th. MKM Partners dropped their target price on JD.Com from $41.00 to $35.00 and set a “buy” rating on the stock in a research report on Friday, December 7th. Finally, Daiwa Capital Markets set a $38.00 target price on JD.Com and gave the stock a “buy” rating in a research report on Friday, March 1st. Fourteen analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $32.19.

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About JD.Com

JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Mall and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.

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Institutional Ownership by Quarter for JD.Com (NASDAQ:JD)

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