JD.com (NASDAQ:JD) Given Neutral Rating at Macquarie

Macquarie reissued their neutral rating on shares of JD.com (NASDAQ:JD - Free Report) in a research report sent to investors on Wednesday, Marketbeat.com reports. They currently have a $35.00 price objective on the information services provider's stock.

Several other brokerages have also issued reports on JD. Benchmark lifted their price objective on shares of JD.com from $47.00 to $58.00 and gave the company a "buy" rating in a report on Friday, March 7th. StockNews.com lowered JD.com from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 11th. UBS Group set a $51.00 price objective on JD.com in a research report on Friday, March 7th. Sanford C. Bernstein reissued an "outperform" rating on shares of JD.com in a research report on Friday, March 7th. Finally, Barclays increased their target price on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. Two equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $48.25.

JD.com Stock Up 0.2 %

Shares of JD.com stock traded up $0.06 during trading on Wednesday, hitting $32.53. 14,377,422 shares of the stock traded hands, compared to its average volume of 14,305,479. The company has a current ratio of 1.17, a quick ratio of 0.90 and a debt-to-equity ratio of 0.18. JD.com has a 52-week low of $24.13 and a 52-week high of $47.82. The stock's fifty day simple moving average is $39.34 and its 200 day simple moving average is $38.54. The firm has a market cap of $51.30 billion, a P/E ratio of 10.29, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53.

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 $0.76 dividend. The ex-dividend date of this dividend 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 dividend payout ratio is currently 26.13%.

Institutional Trading of JD.com

Several institutional investors and hedge funds have recently bought and sold shares of JD. KBC Group NV raised its holdings in shares of JD.com by 213.4% during the fourth quarter. KBC Group NV now owns 356,019 shares of the information services provider's stock worth $12,343,000 after purchasing an additional 242,409 shares during the last quarter. Appaloosa LP lifted its holdings in shares of JD.com by 43.4% in the 4th quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider's stock valued at $362,852,000 after buying an additional 3,165,885 shares during the period. Van ECK Associates Corp boosted its stake in shares of JD.com by 20.4% in the fourth quarter. Van ECK Associates Corp now owns 393,597 shares of the information services provider's stock worth $13,646,000 after buying an additional 66,693 shares during the last quarter. Alberta Investment Management Corp grew its holdings in JD.com by 25.4% during the fourth quarter. Alberta Investment Management Corp now owns 504,519 shares of the information services provider's stock worth $17,492,000 after acquiring an additional 102,326 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its position in JD.com by 76.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 3,313,700 shares of the information services provider's stock valued at $114,886,000 after acquiring an additional 1,440,418 shares in the last quarter. 15.98% of the stock is currently owned by institutional investors and hedge funds.

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.