JD.Com Inc (NASDAQ:JD) is Optima Fund Management LLC’s 8th Largest Position

Optima Fund Management LLC lowered its stake in JD.Com Inc (NASDAQ:JD) by 1.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 57,996 shares of the information services provider’s stock after selling 881 shares during the quarter. JD.Com comprises approximately 2.4% of Optima Fund Management LLC’s investment portfolio, making the stock its 8th biggest holding. Optima Fund Management LLC’s holdings in JD.Com were worth $1,749,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. BlackRock Inc. raised its holdings in shares of JD.Com by 11.6% in the first quarter. BlackRock Inc. now owns 39,266,220 shares of the information services provider’s stock valued at $1,183,877,000 after purchasing an additional 4,066,194 shares during the last quarter. Vanguard Group Inc raised its holdings in shares of JD.Com by 2.4% in the third quarter. Vanguard Group Inc now owns 27,469,471 shares of the information services provider’s stock valued at $716,678,000 after purchasing an additional 649,113 shares during the last quarter. Hillhouse Capital Advisors Ltd. acquired a new stake in shares of JD.Com in the fourth quarter valued at approximately $314,813,000. Norges Bank acquired a new stake in shares of JD.Com in the fourth quarter valued at approximately $199,040,000. Finally, Carmignac Gestion raised its holdings in shares of JD.Com by 1,472.3% in the fourth quarter. Carmignac Gestion now owns 7,702,694 shares of the information services provider’s stock valued at $161,217,000 after purchasing an additional 7,212,802 shares during the last quarter. 48.55% of the stock is currently owned by hedge funds and other institutional investors.

JD stock traded down $0.64 during midday trading on Friday, reaching $26.90. 177,649 shares of the company were exchanged, compared to its average volume of 12,691,416. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.83 and a quick ratio of 0.49. JD.Com Inc has a one year low of $19.21 and a one year high of $45.23. The stock has a market cap of $32.29 billion, a price-to-earnings ratio of -893.33 and a beta of 1.36.

JD.Com (NASDAQ:JD) last released its quarterly earnings data on Friday, May 10th. The information services provider reported $0.27 EPS for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.15. JD.Com had a net margin of 0.69% and a return on equity of 0.46%. The firm had revenue of $121.08 billion during the quarter, compared to analysts’ expectations of $120.01 billion. During the same period in the previous year, the business posted $0.71 earnings per share. The company’s revenue for the quarter was up 20.9% compared to the same quarter last year. Research analysts anticipate that JD.Com Inc will post 0.51 EPS for the current fiscal year.

A number of analysts have recently issued reports on JD shares. BidaskClub upgraded shares of JD.Com from a “hold” rating to a “buy” rating in a report on Wednesday, April 3rd. Zacks Investment Research upgraded shares of JD.Com from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a report on Wednesday, March 27th. Daiwa Capital Markets set a $38.00 price objective on shares of JD.Com and gave the company a “buy” rating in a report on Friday, March 1st. Benchmark lifted their price objective on shares of JD.Com from $31.00 to $34.00 and gave the company a “buy” rating in a report on Friday, March 1st. Finally, CICC Research upgraded shares of JD.Com from a “hold” rating to a “buy” rating and set a $27.66 price objective on the stock in a report on Monday, May 13th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the company’s stock. JD.Com has an average rating of “Hold” and a consensus price target of $32.22.

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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 Retail 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; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.

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

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