JD.com Sees Unusually Large Options Volume (NASDAQ:JD)

JD.com, Inc. (NASDAQ:JD) was the target of unusually large options trading on Monday. Stock traders bought 104,902 call options on the company. This represents an increase of 27% compared to the typical daily volume of 82,518 call options.

Hedge Funds Weigh In On JD.com

Several institutional investors have recently modified their holdings of the stock. Richardson Financial Services Inc. bought a new position in shares of JD.com during the fourth quarter worth $27,000. Brooklyn Investment Group bought a new position in JD.com during the fourth quarter worth about $34,000. Nisa Investment Advisors LLC lifted its holdings in JD.com by 71.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock worth $35,000 after acquiring an additional 417 shares in the last quarter. Modus Advisors LLC bought a new stake in shares of JD.com in the fourth quarter worth about $41,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of JD.com by 111.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider’s stock worth $45,000 after acquiring an additional 684 shares in the last quarter. 15.98% of the stock is currently owned by institutional investors and hedge funds.

JD.com Stock Performance

JD stock opened at $33.02 on Wednesday. JD.com has a twelve month low of $24.13 and a twelve month high of $47.82. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. The company has a market cap of $52.08 billion, a P/E ratio of 10.45, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53. The business’s fifty day moving average is $40.92 and its 200-day moving average is $39.05.

JD.com Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th will be paid a $0.76 dividend. This is a positive change from JD.com’s previous annual dividend of $0.74. The ex-dividend date is Tuesday, April 8th. This represents a yield of 1.7%. JD.com’s dividend payout ratio is presently 26.13%.

Analyst Ratings Changes

A number of analysts have recently weighed in on JD shares. StockNews.com lowered JD.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 11th. Benchmark raised their price objective on shares of JD.com from $47.00 to $58.00 and gave the company a “buy” rating in a research report on Friday, March 7th. Mizuho boosted their target price on shares of JD.com from $43.00 to $50.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. Barclays increased their price target on shares of JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, February 28th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of 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 assigned 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 price target of $46.62.

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.