Commerzbank Aktiengesellschaft decreased its stake in Jd Com Inc (JD) by 9.64% based on its latest 2019Q2 regulatory filing with the SEC. Commerzbank Aktiengesellschaft sold 404,734 shares as the company’s stock declined 0.96% . The institutional investor held 3.79M shares of the consumer services company at the end of 2019Q2, valued at $114.92 million, down from 4.20M at the end of the previous reported quarter. Commerzbank Aktiengesellschaft who had been investing in Jd Com Inc for a number of months, seems to be less bullish one the $45.88B market cap company. The stock decreased 1.47% or $0.47 during the last trading session, reaching $31.56. About 11.59 million shares traded or 6.86% up from the average. JD.com, Inc. (NASDAQ:JD) has declined 14.93% since December 4, 2018 and is downtrending. It has underperformed by 14.93% the S&P500.
Commerzbank Aktiengesellschaft, which manages about $14.20B US Long portfolio, upped its stake in Apple Inc (NASDAQ:AAPL) by 60,360 shares to 1.66M shares, valued at $329.20M in 2019Q2, according to the filing. It also increased its holding in Yy Inc (NASDAQ:YY) by 79,942 shares in the quarter, for a total of 129,313 shares, and has risen its stake in Bristol Myers Squibb Co (NYSE:BMY).
Analysts await JD.com, Inc. (NASDAQ:JD) to report earnings on February, 27. They expect $0.04 earnings per share, up 233.33 % or $0.07 from last year’s $-0.03 per share. JD’s profit will be $58.15M for 197.25 P/E if the $0.04 EPS becomes a reality. After $0.19 actual earnings per share reported by JD.com, Inc. for the previous quarter, Wall Street now forecasts -78.95 % negative EPS growth.
More notable recent JD.com, Inc. (NASDAQ:JD) news were published by: Nasdaq.com which released: “Chinese antitrust regulator approves Boeing-Embraer deal – Nasdaq” on November 21, 2019, also Nasdaq.com with their article: “China’s JD.com beats quarterly revenue estimates, shares rise – Nasdaq” published on November 15, 2019, Nasdaq.com published: “Nasdaq 100 Movers: JD, TTWO – Nasdaq” on December 03, 2019. More interesting news about JD.com, Inc. (NASDAQ:JD) were released by: Nasdaq.com and their article: “3 Top Restaurant Stocks to Buy in November – Nasdaq” published on November 18, 2019 as well as Nasdaq.com‘s news article titled: “Care.com (CRCM) Tops Q3 Earnings and Revenue Estimates – Nasdaq” with publication date: November 06, 2019.
JD.com, Inc. (NASDAQ:JD) Ratings Coverage
Among 8 analysts covering JD.com (NASDAQ:JD), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. JD.com has $4200 highest and $3100 lowest target. $38.06’s average target is 20.60% above currents $31.56 stock price. JD.com had 15 analyst reports since August 5, 2019 according to SRatingsIntel. The stock of JD.com, Inc. (NASDAQ:JD) earned “Overweight” rating by Barclays Capital on Monday, November 25. The rating was maintained by UBS on Monday, November 18 with “Neutral”. The firm has “Buy” rating given on Thursday, November 21 by Nomura. The rating was maintained by Mizuho on Wednesday, August 14 with “Neutral”. The firm earned “Buy” rating on Friday, October 11 by 86 Research. The rating was upgraded by UOB Kay Hian to “Buy” on Monday, November 18. Mizuho maintained JD.com, Inc. (NASDAQ:JD) on Monday, November 18 with “Neutral” rating.
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