Cavalier Investments LLC Takes Position in JD.Com Inc (NASDAQ:JD)

Cavalier Investments LLC acquired a new stake in JD.Com Inc (NASDAQ:JD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,200 shares of the information services provider’s stock, valued at approximately $359,000.

Several other large investors also recently bought and sold shares of JD. Aspex Management HK Ltd purchased a new stake in shares of JD.Com in the fourth quarter worth approximately $152,911,000. Man Group plc raised its holdings in shares of JD.Com by 325.2% in the third quarter. Man Group plc now owns 4,867,049 shares of the information services provider’s stock worth $137,300,000 after buying an additional 3,722,495 shares during the period. BlackRock Inc. raised its holdings in shares of JD.Com by 7.2% in the second quarter. BlackRock Inc. now owns 42,098,667 shares of the information services provider’s stock worth $1,275,167,000 after buying an additional 2,832,447 shares during the period. SG Americas Securities LLC raised its holdings in shares of JD.Com by 3,358.4% in the fourth quarter. SG Americas Securities LLC now owns 1,255,915 shares of the information services provider’s stock worth $44,246,000 after buying an additional 1,219,600 shares during the period. Finally, Origin Asset Management LLP purchased a new stake in shares of JD.Com in the third quarter worth approximately $27,801,000. 39.05% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ JD opened at $42.01 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.61 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $58.50 billion, a PE ratio of 113.54 and a beta of 1.43. The stock’s fifty day simple moving average is $38.92 and its two-hundred day simple moving average is $33.06. JD.Com Inc has a 12-month low of $23.65 and a 12-month high of $42.41.

JD.Com (NASDAQ:JD) last announced its earnings results on Friday, November 15th. The information services provider reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.07. The business had revenue of $18.87 billion for the quarter, compared to analysts’ expectations of $18.40 billion. JD.Com had a return on equity of 10.09% and a net margin of 0.72%. On average, equities analysts predict that JD.Com Inc will post 0.69 earnings per share for the current fiscal year.

Several brokerages have recently weighed in on JD. Zacks Investment Research downgraded JD.Com from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 16th. DZ Bank began coverage on JD.Com in a report on Wednesday, January 22nd. They issued a “buy” rating and a $47.00 price target on the stock. Nomura reiterated a “buy” rating and issued a $42.00 price target on shares of JD.Com in a report on Thursday, November 21st. BidaskClub upgraded JD.Com from a “hold” rating to a “buy” rating in a report on Thursday, February 6th. Finally, Macquarie began coverage on JD.Com in a report on Wednesday, November 27th. They set a “neutral” rating and a $36.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have given a buy rating to the company. JD.Com has a consensus rating of “Buy” and a consensus price target of $37.04.

JD.Com Company Profile

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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