Sloane Robinson Llp Has Increased Its Jd Com INC Spon Adr Cl A (JD) Stake by $28.28 Million as Share Price Rose

January 17, 2018 - By Ellis Scott

Hugh Sloane increased its stake in Jd Com Inc Spon Adr Cl A (JD) by 109.22% based on its latest 2017Q3 regulatory filing with the SEC. Sloane Robinson Llp bought 744,200 shares as the company’s stock rose 37.55% with the market. The hedge fund run by Hugh Sloane held 1.43 million shares of the consumer services company at the end of 2017Q3, valued at $54.46 million, up from 681,400 at the end of the previous reported quarter. Sloane Robinson Llp who had been investing in Jd Com Inc Spon Adr Cl A for a number of months, seems to be bullish on the $66.16B market cap company. The stock increased 0.13% or $0.06 during the last trading session, reaching $46.46. About 13.36M shares traded., Inc. (NASDAQ:JD) has risen 77.67% since January 17, 2017 and is uptrending. It has outperformed by 60.97% the S&P500.

Sloane Robinson Llp, which manages about $223.96 million US Long portfolio, decreased its stake in First Rep Bk San Francisco C Com (NYSE:FRC) by 95,500 shares to 161,800 shares, valued at $16.90M in 2017Q3, according to the filing.

More notable recent, Inc. (NASDAQ:JD) news were published by: which released: “If You Want the Amazon of China, Buy JD.Com Inc (ADR) Stock Not BABA” on December 18, 2017, also with their article: “Why Inc Stock Has an Alibaba Problem” published on January 02, 2018, published: “Strategic Initiatives Make JD.Com Inc Stock a Long-Term Winner” on January 05, 2018. More interesting news about, Inc. (NASDAQ:JD) were released by: and their article: “After a Big Run, JD.Com Inc Stock Has More Upside Ahead” published on January 09, 2018 as well as‘s news article titled: “Why JD.Com Inc Stock Might Be a Way Better Pick than BABA” with publication date: December 27, 2017., Inc. (NASDAQ:JD) Ratings Coverage

Among 21 analysts covering (NASDAQ:JD), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. had 42 analyst reports since August 4, 2015 according to SRatingsIntel. JP Morgan maintained the stock with “Overweight” rating in Wednesday, November 15 report. On Friday, November 6 the stock rating was initiated by Goldman Sachs with “Buy”. Bank of America maintained, Inc. (NASDAQ:JD) rating on Thursday, August 11. Bank of America has “Neutral” rating and $27 target. The company was maintained on Tuesday, November 14 by Nomura. As per Tuesday, September 20, the company rating was downgraded by M Partners. Jefferies maintained, Inc. (NASDAQ:JD) rating on Friday, June 16. Jefferies has “Buy” rating and $45.5000 target. The rating was upgraded by JP Morgan on Monday, January 9 to “Overweight”. UBS upgraded the shares of JD in report on Monday, October 30 to “Buy” rating. M Partners initiated it with “Buy” rating and $38.0 target in Tuesday, December 15 report. The stock has “Buy” rating by KeyBanc Capital Markets on Monday, November 13.

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