Calamos Advisors LLC trimmed its position in JD.Com Inc (NASDAQ:JD) by 66.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,680 shares of the information services provider’s stock after selling 112,920 shares during the quarter. Calamos Advisors LLC’s holdings in JD.Com were worth $2,165,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in JD. Highstreet Asset Management Inc. bought a new position in shares of JD.Com during the 2nd quarter valued at approximately $127,000. IFP Advisors Inc increased its stake in JD.Com by 585.2% in the second quarter. IFP Advisors Inc now owns 4,899 shares of the information services provider’s stock worth $192,000 after purchasing an additional 4,184 shares during the period. Suntrust Banks Inc. purchased a new stake in JD.Com in the second quarter worth $207,000. Bfsg LLC purchased a new stake in JD.Com in the second quarter worth $222,000. Finally, Dimension Capital Management Partners purchased a new position in shares of JD.Com during the second quarter valued at $224,000. Institutional investors and hedge funds own 46.32% of the company’s stock.
Several equities research analysts have weighed in on the company. Vetr raised JD.Com from a “hold” rating to a “buy” rating and set a $45.83 price target for the company in a report on Friday, September 22nd. KeyCorp set a $49.00 target price on JD.Com and gave the stock a “buy” rating in a report on Thursday, October 19th. Zacks Investment Research downgraded JD.Com from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 12th. HSBC Holdings plc reiterated a “buy” rating and set a $49.00 price target on shares of JD.Com in a research report on Tuesday, August 15th. Finally, BidaskClub cut JD.Com from a “hold” rating to a “sell” rating in a research report on Thursday, September 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eighteen have issued a buy rating to the company. JD.Com presently has an average rating of “Buy” and a consensus price target of $44.23.
JD.Com Inc (JD) opened at $38.42 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.91 and a current ratio of 1.20. JD.Com Inc has a one year low of $23.38 and a one year high of $48.99.
JD.Com (NASDAQ:JD) last issued its earnings results on Monday, August 14th. The information services provider reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. JD.Com had a negative return on equity of 1.80% and a negative net margin of 0.95%. The business had revenue of $93.20 billion during the quarter, compared to the consensus estimate of $89.35 billion. During the same period in the prior year, the business posted $0.29 EPS. The company’s revenue for the quarter was up 43.6% on a year-over-year basis. equities research analysts predict that JD.Com Inc will post -0.04 earnings per share for the current fiscal year.
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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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