JD.com, Inc. (NASDAQ:JD - Get Free Report) was the target of some unusual options trading on Monday. Investors acquired 104,902 call options on the stock. This represents an increase of approximately 27% compared to the average daily volume of 82,518 call options.
Institutional Investors Weigh In On JD.com
A number of institutional investors have recently bought and sold shares of JD. Richardson Financial Services Inc. acquired a new stake in JD.com in the 4th quarter valued at $27,000. Brooklyn Investment Group acquired a new stake in shares of JD.com during the 4th quarter worth about $34,000. Nisa Investment Advisors LLC lifted its holdings 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 valued at $35,000 after purchasing an additional 417 shares during the last quarter. Modus Advisors LLC acquired a new position in JD.com in the fourth quarter valued at about $41,000. Finally, Farther Finance Advisors LLC grew its stake in JD.com by 111.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider's stock worth $45,000 after buying an additional 684 shares during the last quarter. Institutional investors and hedge funds own 15.98% of the company's stock.
JD.com Stock Performance
JD stock traded up $0.84 on Friday, reaching $36.42. 22,637,267 shares of the company were exchanged, compared to its average volume of 14,059,719. The firm has a market capitalization of $57.44 billion, a PE ratio of 11.53, a PEG ratio of 0.31 and a beta of 0.53. JD.com has a 12 month low of $24.13 and a 12 month high of $47.82. The stock's fifty day moving average price is $40.48 and its 200 day moving average price is $39.09. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90.
JD.com Increases Dividend
The company 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. 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 (DPR) is presently 26.13%.
Analyst Upgrades and Downgrades
JD has been the topic of several recent research reports. Dbs Bank upgraded shares of JD.com to a "strong-buy" rating in a research report on Wednesday, February 12th. Barclays upped their target price on JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a report on Friday, February 28th. StockNews.com cut JD.com from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, February 11th. JPMorgan Chase & Co. upped their price objective on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research note on Friday, March 7th. Finally, 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. Two investment 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's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $46.62.
Check Out Our Latest Report on JD.com
About JD.com
(
Get 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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