Traders Sell JD.com (JD) on Strength (JD)

Traders sold shares of JD.com, Inc. (NASDAQ:JD) on strength during trading hours on Tuesday. $92.59 million flowed into the stock on the tick-up and $132.33 million flowed out of the stock on the tick-down, for a money net flow of $39.74 million out of the stock. Of all equities tracked, JD.com had the 0th highest net out-flow for the day. JD.com traded up $0.55 for the day and closed at $37.30

JD has been the topic of a number of research analyst reports. Zacks Investment Research downgraded JD.com from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. KeyCorp set a $51.00 target price on JD.com and gave the stock a “buy” rating in a report on Monday, November 13th. UBS upgraded JD.com from a “neutral” rating to a “buy” rating in a report on Monday, October 30th. J P Morgan Chase & Co dropped their price target on JD.com from $52.00 to $50.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 15th. Finally, BidaskClub cut JD.com from a “hold” rating to a “sell” rating in a research report on Thursday, September 28th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $45.50.

The firm has a market cap of $53,310.00, a PE ratio of 1,863.50 and a beta of 1.37. The company has a current ratio of 1.12, a quick ratio of 0.79 and a debt-to-equity ratio of 0.30.

Hedge funds have recently added to or reduced their stakes in the stock. US Bancorp DE lifted its holdings in shares of JD.com by 18.1% during the 2nd quarter. US Bancorp DE now owns 18,058 shares of the information services provider’s stock valued at $708,000 after buying an additional 2,772 shares during the period. Acadian Asset Management LLC bought a new position in shares of JD.com during the 2nd quarter valued at $280,000. Great West Life Assurance Co. Can lifted its holdings in shares of JD.com by 19.5% during the 2nd quarter. Great West Life Assurance Co. Can now owns 326,237 shares of the information services provider’s stock valued at $12,781,000 after buying an additional 53,232 shares during the period. CIBC Asset Management Inc lifted its holdings in shares of JD.com by 7.9% during the 2nd quarter. CIBC Asset Management Inc now owns 45,400 shares of the information services provider’s stock valued at $1,781,000 after buying an additional 3,338 shares during the period. Finally, Daiwa Securities Group Inc. lifted its holdings in shares of JD.com by 155.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 88,406 shares of the information services provider’s stock valued at $3,467,000 after buying an additional 53,806 shares during the period. 44.99% of the stock is currently owned by institutional investors and hedge funds.

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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.

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