Compagnie Lombard Odier SCmA lessened its stake in JD.Com Inc (NASDAQ:JD) by 11.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 59,830 shares of the information services provider’s stock after selling 8,060 shares during the quarter. Compagnie Lombard Odier SCmA’s holdings in JD.Com were worth $2,477,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the stock. Altman Advisors Inc. acquired a new stake in JD.Com during the fourth quarter worth $1,475,000. Fieldpoint Private Securities LLC increased its stake in JD.Com by 27.5% during the fourth quarter. Fieldpoint Private Securities LLC now owns 11,056 shares of the information services provider’s stock worth $458,000 after acquiring an additional 2,384 shares during the last quarter. Kayak Investment Partners LLC acquired a new stake in JD.Com during the fourth quarter worth $6,532,000. Vident Investment Advisory LLC acquired a new stake in JD.Com during the fourth quarter worth $532,000. Finally, Lido Advisors LLC acquired a new stake in JD.Com during the fourth quarter worth $414,000. 43.57% of the stock is owned by hedge funds and other institutional investors.
A number of equities research analysts have recently weighed in on JD shares. TheStreet cut JD.Com from a “c” rating to a “d+” rating in a research note on Wednesday, March 7th. KeyCorp set a $55.00 price objective on JD.Com and gave the company a “buy” rating in a research note on Monday, March 5th. JPMorgan Chase & Co. dropped their price objective on JD.Com from $50.00 to $48.00 and set an “overweight” rating for the company in a research note on Monday, March 5th. Wells Fargo reaffirmed a “buy” rating and issued a $50.00 price objective on shares of JD.Com in a research note on Friday, March 2nd. Finally, Stifel Nicolaus reaffirmed a “buy” rating on shares of JD.Com in a research note on Friday, March 2nd. Five investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $48.44.
JD.Com (NASDAQ:JD) last released its earnings results on Friday, March 2nd. The information services provider reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.06). The company had revenue of $110,165.33 billion during the quarter, compared to analysts’ expectations of $108.88 billion. JD.Com had a negative net margin of 0.05% and a positive return on equity of 2.38%. The company’s revenue for the quarter was up 38.7% on a year-over-year basis. During the same quarter last year, the business posted ($0.40) earnings per share. research analysts anticipate that JD.Com Inc will post 0.18 EPS for the current year.
TRADEMARK VIOLATION WARNING: This piece was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this piece can be accessed at https://www.com-unik.info/2018/03/22/compagnie-lombard-odier-scma-sells-8060-shares-of-jd-com-inc-jd.html.
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.
Want to see what other hedge funds are holding JD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JD.Com Inc (NASDAQ:JD).
Receive News & Ratings for JD.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JD.Com and related companies with MarketBeat.com's FREE daily email newsletter.