1,020,000 Shares in JD.com, Inc. (JD) Acquired by EMS Capital LP

EMS Capital LP purchased a new stake in shares of JD.com, Inc. (NASDAQ:JD) during the first quarter, Holdings Channel reports. The firm purchased 1,020,000 shares of the information services provider’s stock, valued at approximately $31,732,000. JD.com accounts for about 3.0% of EMS Capital LP’s holdings, making the stock its 15th largest position. EMS Capital LP owned 0.07% of JD.com as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Alkeon Capital Management LLC bought a new position in JD.com during the fourth quarter valued at $23,468,000. Viking Global Investors LP raised its position in JD.com by 38.3% in the fourth quarter. Viking Global Investors LP now owns 37,681,432 shares of the information services provider’s stock valued at $958,616,000 after buying an additional 10,427,102 shares during the last quarter. Wexford Capital LP raised its position in JD.com by 45.7% in the fourth quarter. Wexford Capital LP now owns 109,017 shares of the information services provider’s stock valued at $2,773,000 after buying an additional 34,217 shares during the last quarter. Levin Capital Strategies L.P. bought a new position in JD.com during the fourth quarter valued at $305,000. Finally, Envestnet Asset Management Inc. raised its position in JD.com by 27.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,034 shares of the information services provider’s stock valued at $154,000 after buying an additional 1,286 shares during the last quarter. 49.10% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of JD.com, Inc. (NASDAQ JD) traded up 0.13% during midday trading on Friday, hitting $38.17. The company’s stock had a trading volume of 10,328,759 shares. JD.com, Inc. has a 1-year low of $19.91 and a 1-year high of $43.80. The company has a 50-day moving average price of $39.23 and a 200 day moving average price of $31.84. The company’s market cap is $54.18 billion.

JD.com (NASDAQ:JD) last issued its earnings results on Monday, May 8th. The information services provider reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.13. JD.com had a negative return on equity of 1.46% and a negative net margin of 0.96%. The business had revenue of $76.20 billion during the quarter, compared to analyst estimates of $73.59 billion. During the same period in the previous year, the company posted ($0.15) EPS. The firm’s revenue was up 41.2% compared to the same quarter last year. On average, equities research analysts predict that JD.com, Inc. will post $0.38 EPS for the current year.

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Several equities analysts have weighed in on the company. Nomura reissued a “buy” rating and issued a $46.00 target price on shares of JD.com in a research note on Tuesday, May 9th. MKM Partners reissued a “neutral” rating and issued a $33.00 target price (up previously from $27.00) on shares of JD.com in a research note on Tuesday, March 7th. Benchmark Co. assumed coverage on JD.com in a research note on Tuesday, April 18th. They issued a “buy” rating and a $40.00 target price on the stock. Vetr lowered JD.com from a “strong-buy” rating to a “buy” rating and set a $36.18 target price on the stock. in a research note on Monday, April 10th. Finally, Instinet reissued a “buy” rating and issued a $37.00 target price on shares of JD.com in a research note on Wednesday, May 10th. Eight research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $36.37.

About JD.com

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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