JD.com (NASDAQ:JD) Shares Gap Down - Should You Sell?

JD.com, Inc. (NASDAQ:JD - Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $44.83, but opened at $42.58. JD.com shares last traded at $43.42, with a volume of 2,556,925 shares traded.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on JD. UBS Group set a $51.00 price objective on JD.com in a report on Friday, March 7th. Sanford C. Bernstein restated an "outperform" rating on shares of JD.com in a report on Friday, March 7th. Benchmark boosted their price objective on shares of JD.com from $47.00 to $58.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. JPMorgan Chase & Co. increased their target price on JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research report on Friday, March 7th. Finally, Dbs Bank raised JD.com to a "strong-buy" rating in a research report on Wednesday, February 12th. Two 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. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $45.64.

JD.com Stock Performance

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 $67.11 billion, a PE ratio of 13.47, a P/E/G ratio of 0.31 and a beta of 0.43. The firm's 50-day simple moving average is $40.60 and its two-hundred day simple moving average is $37.98.

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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 issued a dividend of $0.76 per share. The ex-dividend date is Tuesday, April 8th. This is a positive change from JD.com's previous annual dividend of $0.74. This represents a dividend yield of 1.7%. JD.com's payout ratio is 26.13%.

Institutional Trading of JD.com

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

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.