JD.com, Inc. (NASDAQ:JD) is Mount Lucas Management LP's 5th Largest Position

Mount Lucas Management LP increased its position in JD.com, Inc. (NASDAQ:JD - Free Report) by 100.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 400,000 shares of the information services provider's stock after buying an additional 200,000 shares during the period. JD.com accounts for approximately 4.8% of Mount Lucas Management LP's investment portfolio, making the stock its 5th biggest holding. Mount Lucas Management LP's holdings in JD.com were worth $13,868,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Richardson Financial Services Inc. bought a new position in JD.com in the 4th quarter valued at about $27,000. Brooklyn Investment Group bought a new position in JD.com in the 4th quarter valued at about $34,000. Nisa Investment Advisors LLC lifted its position 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 acquiring an additional 417 shares in the last quarter. Modus Advisors LLC bought a new position in JD.com in the 4th quarter valued at about $41,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of JD.com during the 3rd quarter worth approximately $49,000. 15.98% of the stock is currently owned by institutional investors and hedge funds.

JD.com Price Performance

Shares of JD.com stock traded down $0.38 on Wednesday, reaching $40.37. The stock had a trading volume of 11,627,221 shares, compared to its average volume of 13,516,145. The business's 50 day moving average is $39.35 and its two-hundred day moving average is $37.07. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. The company has a market cap of $63.67 billion, a P/E ratio of 12.78, a price-to-earnings-growth ratio of 0.31 and a beta of 0.43. JD.com, Inc. has a 1 year low of $24.13 and a 1 year high of $47.82.

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JD.com Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th will be issued a dividend of $0.76 per share. This represents a 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 19.73%.

Analysts Set New Price Targets

Several research firms have commented on JD. Citigroup dropped their target price on shares of JD.com from $52.00 to $51.00 and set a "buy" rating on the stock in a research report on Friday, November 15th. Barclays lifted their target price on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a research report on Friday, February 28th. Benchmark lifted their target price on shares of JD.com from $47.00 to $58.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. StockNews.com cut shares of JD.com from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th. Finally, Susquehanna reaffirmed a "neutral" rating and issued a $45.00 price target (up previously from $35.00) on shares of JD.com in a report on Wednesday. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $45.64.

JD.com 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.