Tejara Capital Ltd Invests $998,000 in JD.com, Inc. (NASDAQ:JD)

Tejara Capital Ltd acquired a new position in JD.com, Inc. (NASDAQ:JD - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 28,800 shares of the information services provider's stock, valued at approximately $998,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Richardson Financial Services Inc. acquired a new stake in shares of JD.com during the 4th quarter valued at $27,000. Brooklyn Investment Group acquired a new stake in shares of JD.com during the 4th quarter valued at $34,000. Nisa Investment Advisors LLC boosted its stake in shares of 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 buying an additional 417 shares during the period. Modus Advisors LLC acquired a new stake in shares of JD.com during the 4th quarter valued at $41,000. Finally, Farther Finance Advisors LLC boosted its stake 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 buying an additional 684 shares during the period. Institutional investors and hedge funds own 15.98% of the company's stock.

JD.com Stock Performance

JD traded down $0.74 during trading on Friday, hitting $42.24. The stock had a trading volume of 10,830,055 shares, compared to its average volume of 13,594,632. The firm has a market cap of $66.62 billion, a PE ratio of 13.37, a P/E/G ratio of 0.31 and a beta of 0.43. JD.com, Inc. has a 12 month low of $24.13 and a 12 month 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 company has a 50 day simple moving average of $40.60 and a 200-day simple moving average of $37.83.

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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. 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 dividend yield of 1.7%. JD.com's payout ratio is presently 26.13%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on JD shares. JPMorgan Chase & Co. lifted their target price 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. Dbs Bank upgraded shares of JD.com to a "strong-buy" rating in a report on Wednesday, February 12th. Barclays raised their price target on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a report on Friday, February 28th. StockNews.com downgraded shares of JD.com from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of JD.com in a report on Friday, March 7th. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $45.64.

About JD.com

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.