Traders Sell Shares of JD.Com (JD) on Strength (JD)

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Traders sold shares of JD.Com Inc (NASDAQ:JD) on strength during trading hours on Thursday. $182.99 million flowed into the stock on the tick-up and $215.69 million flowed out of the stock on the tick-down, for a money net flow of $32.70 million out of the stock. Of all stocks tracked, JD.Com had the 28th highest net out-flow for the day. JD.Com traded up $0.95 for the day and closed at $27.25

Several analysts have recently weighed in on JD shares. ValuEngine downgraded JD.Com from a “hold” rating to a “sell” rating in a report on Thursday, July 19th. Zacks Investment Research downgraded JD.Com from a “hold” rating to a “sell” rating in a report on Wednesday, July 25th. Stifel Nicolaus reissued a “buy” rating and issued a $50.00 target price on shares of JD.Com in a report on Thursday, July 19th. Wells Fargo & Co reissued a “buy” rating and issued a $53.00 target price on shares of JD.Com in a report on Tuesday, June 19th. Finally, KeyCorp raised JD.Com to a “buy” rating and set a $51.00 target price for the company in a report on Monday, July 9th. Two analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $45.52.

The firm has a market cap of $37.68 billion, a price-to-earnings ratio of 2,777.01 and a beta of 1.39. The company has a quick ratio of 0.66, a current ratio of 0.99 and a debt-to-equity ratio of 0.17.

JD.Com (NASDAQ:JD) last issued its quarterly earnings results on Thursday, August 16th. The information services provider reported $0.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.02) by $0.35. The firm had revenue of $122.30 billion for the quarter, compared to analysts’ expectations of $122.78 billion. JD.Com had a negative return on equity of 0.94% and a negative net margin of 0.12%. The firm’s revenue for the quarter was up 31.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.67 EPS. analysts anticipate that JD.Com Inc will post 0.29 EPS for the current year.

A number of hedge funds have recently modified their holdings of the stock. FNY Investment Advisers LLC acquired a new position in JD.Com during the 2nd quarter worth approximately $323,000. Torch Wealth Management LLC purchased a new stake in shares of JD.Com during the 2nd quarter worth approximately $277,000. LPL Financial LLC boosted its stake in shares of JD.Com by 58.4% during the 1st quarter. LPL Financial LLC now owns 33,007 shares of the information services provider’s stock worth $1,336,000 after acquiring an additional 12,169 shares in the last quarter. Lido Advisors LLC boosted its stake in shares of JD.Com by 150.0% during the 1st quarter. Lido Advisors LLC now owns 25,000 shares of the information services provider’s stock worth $1,012,000 after acquiring an additional 15,000 shares in the last quarter. Finally, BlackRock Inc. boosted its stake in shares of JD.Com by 6.1% during the 2nd quarter. BlackRock Inc. now owns 31,710,484 shares of the information services provider’s stock worth $1,235,123,000 after acquiring an additional 1,825,484 shares in the last quarter. Hedge funds and other institutional investors own 51.18% of the company’s stock.

JD.Com Company Profile (NASDAQ:JD)

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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