JD.com Target of Unusually Large Options Trading (NASDAQ:JD)

JD.com, Inc. (NASDAQ:JD) was the recipient of unusually large options trading on Monday. Stock investors purchased 104,902 call options on the stock. This is an increase of 27% compared to the average volume of 82,518 call options.

Analysts Set New Price Targets

JD has been the topic of a number of research reports. Dbs Bank upgraded shares of JD.com to a “strong-buy” rating in a report on Wednesday, February 12th. Mizuho upped their price objective on JD.com from $43.00 to $50.00 and gave the company an “outperform” rating in a research report on Friday, March 7th. Susquehanna reaffirmed a “neutral” rating and issued a $45.00 price objective (up from $35.00) on shares of JD.com in a research note on Wednesday, March 12th. StockNews.com downgraded JD.com from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 11th. Finally, UBS Group set a $51.00 price target on JD.com in a research report on Friday, March 7th. Two investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $46.62.

JD.com Stock Down 5.1 %

NASDAQ:JD traded down $1.89 during trading hours on Monday, reaching $34.92. The company’s stock had a trading volume of 28,813,996 shares, compared to its average volume of 13,777,045. The stock has a 50 day moving average price of $41.33 and a two-hundred day moving average price of $39.02. 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 company has a market capitalization of $55.07 billion, a P/E ratio of 11.05, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53. JD.com has a 12 month low of $24.13 and a 12 month high of $47.82.

JD.com Increases Dividend

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

Hedge Funds Weigh In On JD.com

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. First Hawaiian Bank purchased a new stake in shares of JD.com during the 1st quarter valued at $1,443,000. Fairtree Asset Management Pty Ltd acquired a new position in JD.com during the 4th quarter valued at about $4,974,000. Wealth Enhancement Advisory Services LLC raised its stake in JD.com by 5.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,333 shares of the information services provider’s stock valued at $428,000 after buying an additional 645 shares during the last quarter. Siemens Fonds Invest GmbH acquired a new stake in JD.com in the fourth quarter worth about $1,989,000. Finally, Jefferies Financial Group Inc. grew its stake in shares of JD.com by 169.9% during the fourth quarter. Jefferies Financial Group Inc. now owns 33,086 shares of the information services provider’s stock worth $1,147,000 after acquiring an additional 20,829 shares during the last quarter. 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.