Dymon Asia Capital Singapore PTE. LTD. raised its stake in JD.com, Inc. (NASDAQ:JD - Free Report) by 81.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 45,407 shares of the information services provider's stock after buying an additional 20,407 shares during the quarter. JD.com comprises approximately 0.4% of Dymon Asia Capital Singapore PTE. LTD.'s investment portfolio, making the stock its 14th biggest holding. Dymon Asia Capital Singapore PTE. LTD.'s holdings in JD.com were worth $1,574,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Richardson Financial Services Inc. acquired a new position in JD.com during the fourth quarter worth $27,000. Brooklyn Investment Group bought a new stake in shares of JD.com in the 4th quarter valued at about $34,000. Nisa Investment Advisors LLC lifted its stake in JD.com by 71.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock valued at $35,000 after purchasing an additional 417 shares during the last quarter. Modus Advisors LLC bought a new position in JD.com during the fourth quarter worth about $41,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in JD.com in the third quarter valued at approximately $49,000. Institutional investors own 15.98% of the company's stock.
JD.com Price Performance
Shares of NASDAQ JD traded down $0.74 during trading hours on Tuesday, reaching $37.44. 11,167,643 shares of the stock traded hands, compared to its average volume of 14,062,613. JD.com, Inc. has a 52-week low of $24.13 and a 52-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. The company's 50-day simple moving average is $40.44 and its two-hundred day simple moving average is $39.09. The company has a market capitalization of $59.05 billion, a P/E ratio of 11.85, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53.
JD.com Increases Dividend
The business also recently disclosed an annual dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 8th will be paid a dividend of $0.76 per share. This represents a dividend yield of 1.7%. The ex-dividend date is Tuesday, April 8th. This is a positive change from JD.com's previous annual dividend of $0.74. JD.com's dividend payout ratio is 26.13%.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. Benchmark increased their price objective on shares of JD.com from $47.00 to $58.00 and gave the company a "buy" rating in a research report on Friday, March 7th. UBS Group set a $51.00 price objective on shares of JD.com in a research report on Friday, March 7th. Susquehanna reaffirmed a "neutral" rating and issued a $45.00 target price (up previously from $35.00) on shares of JD.com in a research report on Wednesday, March 12th. Sanford C. Bernstein reissued an "outperform" rating on shares of JD.com in a report on Friday, March 7th. Finally, StockNews.com lowered JD.com from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th. Two equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, JD.com has a consensus rating of "Moderate Buy" and a consensus price target of $46.62.
Check Out Our Latest Analysis on JD
About JD.com
(
Free Report)
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.
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