Jump Financial LLC Buys Shares of 157,154 JD.com, Inc. (NASDAQ:JD)

Jump Financial LLC bought a new position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 157,154 shares of the information services provider's stock, valued at approximately $5,449,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in JD.com by 280.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 25,652 shares of the information services provider's stock valued at $1,026,000 after purchasing an additional 18,916 shares in the last quarter. Wellington Management Group LLP purchased a new position in JD.com in the third quarter worth $346,000. MML Investors Services LLC increased its stake in JD.com by 25.1% in the third quarter. MML Investors Services LLC now owns 18,539 shares of the information services provider's stock valued at $742,000 after acquiring an additional 3,717 shares during the last quarter. Virtu Financial LLC raised its position in JD.com by 86.5% during the third quarter. Virtu Financial LLC now owns 69,146 shares of the information services provider's stock valued at $2,766,000 after purchasing an additional 32,079 shares in the last quarter. Finally, World Investment Advisors LLC bought a new stake in JD.com during the third quarter worth about $3,170,000. 15.98% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

JD has been the topic of a number of analyst reports. UBS Group set a $51.00 target price on shares of JD.com in a research report on Friday, March 7th. Sanford C. Bernstein reiterated an "outperform" rating on shares of JD.com in a report on Friday, March 7th. Mizuho raised their price target on JD.com from $43.00 to $50.00 and gave the stock an "outperform" rating in a research report on Friday, March 7th. Dbs Bank upgraded JD.com to a "strong-buy" rating in a research report on Wednesday, February 12th. Finally, Susquehanna reissued a "neutral" rating and set a $45.00 price objective (up previously from $35.00) on shares of JD.com in a research note on Wednesday, March 12th. One analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, JD.com presently has an average rating of "Buy" and an average price target of $48.67.

JD.com Stock Down 2.7 %

Shares of JD stock traded down $0.94 during midday trading on Monday, reaching $33.78. 11,666,745 shares of the stock were exchanged, compared to its average volume of 14,154,484. The firm has a market cap of $53.27 billion, a PE ratio of 10.69, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53. 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's 50 day moving average is $40.02 and its two-hundred day moving average is $38.88. JD.com, Inc. has a 1 year low of $24.13 and a 1 year high of $47.82.

JD.com Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th will be issued a $0.76 dividend. This is an increase from JD.com's previous annual dividend of $0.74. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a yield of 1.7%. JD.com's dividend payout ratio is 26.13%.

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.