D Orazio & Associates Inc. Invests $217,000 in JD.com, Inc. (NASDAQ:JD)

D Orazio & Associates Inc. acquired a new stake in JD.com, Inc. (NASDAQ:JD) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,265 shares of the information services provider’s stock, valued at approximately $217,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new position in shares of JD.com in the second quarter valued at $872,000. Ritholtz Wealth Management boosted its stake in JD.com by 32.6% in the 3rd quarter. Ritholtz Wealth Management now owns 65,457 shares of the information services provider’s stock worth $2,618,000 after purchasing an additional 16,094 shares during the period. Exchange Traded Concepts LLC grew its holdings in JD.com by 7.0% during the 3rd quarter. Exchange Traded Concepts LLC now owns 87,030 shares of the information services provider’s stock valued at $3,481,000 after buying an additional 5,709 shares in the last quarter. First Pacific Financial increased its position in shares of JD.com by 11.3% during the third quarter. First Pacific Financial now owns 18,834 shares of the information services provider’s stock valued at $753,000 after buying an additional 1,907 shares during the period. Finally, Prospect Financial Services LLC purchased a new stake in shares of JD.com in the third quarter worth about $269,000. Institutional investors own 15.98% of the company’s stock.

JD.com Stock Up 0.4 %

Shares of NASDAQ:JD opened at $40.17 on Friday. JD.com, Inc. has a 12-month low of $21.18 and a 12-month high of $47.82. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. The stock’s 50-day moving average price is $37.27 and its 200-day moving average price is $34.56. The stock has a market capitalization of $63.35 billion, a P/E ratio of 12.71, a price-to-earnings-growth ratio of 0.30 and a beta of 0.40.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Loop Capital raised shares of JD.com from a “hold” rating to a “buy” rating and decreased their target price for the stock from $49.00 to $48.00 in a report on Monday, October 21st. Sanford C. Bernstein raised shares of JD.com from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $43.00 to $46.00 in a report on Monday, December 9th. Benchmark reissued a “buy” rating and set a $47.00 price objective on shares of JD.com in a research note on Friday, November 15th. StockNews.com lowered JD.com from a “strong-buy” rating to a “buy” rating in a research note on Friday, January 31st. Finally, Barclays lifted their price target on JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $41.36.

About JD.com

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.