WCM Investment Management CA Boosts Holdings in JD.com, Inc. (JD)

WCM Investment Management CA boosted its position in shares of JD.com, Inc. (NASDAQ:JD) by 39.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 80,920 shares of the information services provider’s stock after buying an additional 23,012 shares during the quarter. WCM Investment Management CA’s holdings in JD.com were worth $3,091,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of JD. Teachers Advisors LLC lifted its stake in shares of JD.com by 5.9% in the 1st quarter. Teachers Advisors LLC now owns 297,532 shares of the information services provider’s stock valued at $9,256,000 after purchasing an additional 16,600 shares during the period. Vanguard Group Inc. lifted its stake in shares of JD.com by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 3,482,847 shares of the information services provider’s stock valued at $108,351,000 after purchasing an additional 46,530 shares during the period. Bank of Montreal Can lifted its stake in shares of JD.com by 34.0% in the 2nd quarter. Bank of Montreal Can now owns 581,950 shares of the information services provider’s stock valued at $22,823,000 after purchasing an additional 147,600 shares during the period. Creative Planning lifted its stake in shares of JD.com by 47.2% in the 2nd quarter. Creative Planning now owns 22,055 shares of the information services provider’s stock valued at $865,000 after purchasing an additional 7,073 shares during the period. Finally, Advisors Capital Management LLC lifted its stake in shares of JD.com by 0.8% in the 2nd quarter. Advisors Capital Management LLC now owns 69,798 shares of the information services provider’s stock valued at $2,737,000 after purchasing an additional 581 shares during the period. 46.62% of the stock is currently owned by hedge funds and other institutional investors.

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JD.com, Inc. (JD) traded down $2.90 during mid-day trading on Tuesday, reaching $38.45. The company’s stock had a trading volume of 25,123,503 shares, compared to its average volume of 11,047,893. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.20 and a quick ratio of 0.91. JD.com, Inc. has a 52-week low of $23.38 and a 52-week high of $48.99.

JD.com (NASDAQ:JD) last released its earnings results on Monday, August 14th. The information services provider reported $0.02 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.02. The firm had revenue of $93.20 billion during the quarter, compared to analysts’ expectations of $89.35 billion. JD.com had a negative return on equity of 1.80% and a negative net margin of 0.95%. The company’s revenue was up 43.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.29 EPS. sell-side analysts forecast that JD.com, Inc. will post -0.04 earnings per share for the current year.

A number of analysts recently commented on JD shares. Bank of America Corporation restated a “buy” rating and issued a $53.00 price objective (up previously from $46.00) on shares of JD.com in a research report on Wednesday, August 9th. Vetr upgraded shares of JD.com from a “hold” rating to a “buy” rating and set a $45.83 price objective for the company in a research report on Friday, September 22nd. UBS AG restated a “neutral” rating and issued a $41.00 price objective on shares of JD.com in a research report on Monday, August 14th. BidaskClub cut shares of JD.com from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 15th. Finally, J P Morgan Chase & Co upped their price objective on shares of JD.com to $55.00 and gave the company a “positive” rating in a research report on Tuesday, August 15th. Five research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $45.76.

JD.com Company Profile

JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.

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

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