JD.com, Inc. (NASDAQ:JD) Short Interest Update

JD.com, Inc. (NASDAQ:JD) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 27,910,000 shares, a decline of 16.0% from the February 28th total of 33,220,000 shares. Based on an average daily trading volume, of 12,520,000 shares, the short-interest ratio is currently 2.2 days. Currently, 2.1% of the company’s stock are short sold.

Analyst Ratings Changes

JD has been the topic of a number of research analyst reports. StockNews.com cut shares of JD.com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 11th. Barclays lifted their price target on shares of JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a research note on Friday, February 28th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of JD.com in a report on Friday, March 7th. Mizuho boosted their target price on JD.com from $43.00 to $50.00 and gave the company an “outperform” rating in a report on Friday, March 7th. Finally, JPMorgan Chase & Co. upped their target price on JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a research 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. According to MarketBeat.com, JD.com presently has an average rating of “Moderate Buy” and a consensus target price of $45.64.

JD.com Stock Performance

JD.com stock traded down $0.23 during trading hours on Wednesday, reaching $41.09. 6,598,181 shares of the stock were exchanged, compared to its average volume of 13,612,976. JD.com has a 52-week low of $24.13 and a 52-week high of $47.82. The stock has a market cap of $64.80 billion, a P/E ratio of 13.00, a P/E/G ratio of 0.31 and a beta of 0.43. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17. The firm’s 50 day moving average is $41.35 and its 200 day moving average is $38.75.

JD.com Increases Dividend

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

Institutional Investors Weigh In On JD.com

A number of institutional investors have recently added to or reduced their stakes in JD. FMR LLC boosted its stake in shares of JD.com by 86.2% in the fourth quarter. FMR LLC now owns 28,447,641 shares of the information services provider’s stock valued at $986,280,000 after buying an additional 13,170,649 shares in the last quarter. Two Sigma Advisers LP grew its stake in shares of JD.com by 329.9% during the 3rd quarter. Two Sigma Advisers LP now owns 6,306,700 shares of the information services provider’s stock worth $252,268,000 after purchasing an additional 4,839,700 shares during the period. CoreView Capital Management Ltd lifted its stake in shares of JD.com by 204.8% in the fourth quarter. CoreView Capital Management Ltd now owns 6,399,711 shares of the information services provider’s stock valued at $221,878,000 after purchasing an additional 4,299,872 shares during the period. Appaloosa LP boosted its holdings in JD.com by 43.4% during the fourth quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider’s stock worth $362,852,000 after buying an additional 3,165,885 shares in the last quarter. Finally, Voya Investment Management LLC acquired a new position in JD.com during the fourth quarter worth about $109,665,000. Hedge funds and other institutional investors own 15.98% of the company’s stock.

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.