JD.com, Inc. (NASDAQ:JD) Receives $48.67 Consensus PT from Analysts

JD.com, Inc. (NASDAQ:JD - Get Free Report) has earned an average recommendation of "Buy" from the thirteen brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, eleven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $48.67.

Several research firms have recently weighed in on JD. UBS Group set a $51.00 price objective on JD.com in a research note on Friday, March 7th. JPMorgan Chase & Co. upped their target price on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a report on Friday, March 7th. Mizuho lifted their price target on shares of JD.com from $43.00 to $50.00 and gave the company an "outperform" rating in a report on Friday, March 7th. Dbs Bank raised shares of JD.com to a "strong-buy" rating in a report on Wednesday, February 12th. Finally, Barclays increased their price target on JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a research report on Friday, February 28th.

Institutional Trading of JD.com

Hedge funds have recently modified their holdings of the stock. Richardson Financial Services Inc. acquired a new stake in JD.com during the fourth quarter worth approximately $27,000. Brooklyn Investment Group bought a new stake in JD.com in the 4th quarter valued at $34,000. Nisa Investment Advisors LLC increased its position in JD.com by 71.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock worth $35,000 after buying an additional 417 shares during the period. Modus Advisors LLC bought a new stake in shares of JD.com in the fourth quarter valued at about $41,000. Finally, Farther Finance Advisors LLC grew its stake in shares of JD.com by 111.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider's stock valued at $45,000 after acquiring an additional 684 shares in the last quarter. Institutional investors and hedge funds own 15.98% of the company's stock.

JD.com Stock Performance

JD traded down $0.66 during trading on Friday, reaching $34.06. 14,483,650 shares of the company's stock were exchanged, compared to its average volume of 14,165,258. The business has a 50 day moving average price of $40.02 and a 200 day moving average price of $38.88. The company has a market capitalization of $53.72 billion, a P/E ratio of 10.78, a PEG ratio of 0.31 and a beta of 0.53. JD.com has a fifty-two week low of $24.13 and a fifty-two week high of $47.82. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18.

JD.com Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th will be issued a $0.76 dividend. This is an increase from JD.com's previous annual dividend of $0.74. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Tuesday, April 8th. JD.com's payout ratio is currently 26.13%.

JD.com Company Profile

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.