Stock Traders Purchase Large Volume of Call Options on JD.com (NASDAQ:JD)

JD.com, Inc. (NASDAQ:JD - Get Free Report) was the recipient of unusually large options trading activity on Wednesday. Investors purchased 130,770 call options on the company. This is an increase of 58% compared to the average volume of 82,709 call options.

JD.com Stock Down 3.7 %

NASDAQ:JD traded down $1.63 during trading hours on Friday, hitting $42.29. The company's stock had a trading volume of 22,216,256 shares, compared to its average volume of 13,567,632. JD.com has a 52-week low of $23.78 and a 52-week high of $47.82. 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 stock has a market capitalization of $66.70 billion, a P/E ratio of 13.38, a price-to-earnings-growth ratio of 0.31 and a beta of 0.43. The stock has a fifty day moving average of $38.99 and a 200-day moving average of $36.85.

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 paid a $0.76 dividend. This represents a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, April 8th. This is an increase from JD.com's previous annual dividend of $0.74. JD.com's dividend payout ratio is currently 19.73%.

Institutional Trading of JD.com

A number of large investors have recently made changes to their positions in JD. Richardson Financial Services Inc. acquired a new position in JD.com in the 4th quarter valued at about $27,000. Brooklyn Investment Group acquired a new position in shares of JD.com in the fourth quarter valued at approximately $34,000. Nisa Investment Advisors LLC raised its stake in shares of JD.com by 71.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock worth $35,000 after purchasing an additional 417 shares during the last quarter. Modus Advisors LLC acquired a new stake in shares of JD.com during the fourth quarter worth $41,000. Finally, Farther Finance Advisors LLC grew its position in JD.com by 111.6% in the 4th quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider's stock valued at $45,000 after buying an additional 684 shares during the last quarter. 15.98% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

JD has been the topic of several recent analyst reports. Mizuho increased their target price on shares of JD.com from $43.00 to $50.00 and gave the stock an "outperform" rating in a research note on Friday. Dbs Bank upgraded JD.com to a "strong-buy" rating in a research report on Wednesday, February 12th. Sanford C. Bernstein upgraded JD.com from a "market perform" rating to an "outperform" rating and boosted their price objective for the company from $43.00 to $46.00 in a research report on Monday, December 9th. StockNews.com lowered JD.com from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 11th. Finally, Citigroup cut their price target on shares of JD.com from $52.00 to $51.00 and set a "buy" rating for the company in a report on Friday, November 15th. Two investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $43.92.

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.