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

JD.com, Inc. (NASDAQ:JDGet Free Report) was the target of unusually large options trading activity on Wednesday. Stock investors acquired 91,942 call options on the company. This is an increase of 65% compared to the typical volume of 55,752 call options.

JD.com News Roundup

Here are the key news stories impacting JD.com this week:

Analyst Ratings Changes

A number of analysts recently issued reports on JD shares. Arete Research set a $37.00 target price on shares of JD.com in a research report on Friday, April 17th. Sanford C. Bernstein raised their target price on shares of JD.com from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Wednesday. Nomura raised their target price on shares of JD.com from $37.00 to $40.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. UBS Group restated a “buy” rating on shares of JD.com in a research report on Friday, March 6th. Finally, Morgan Stanley raised their target price on shares of JD.com from $25.00 to $27.00 and gave the stock an “underweight” rating in a research report on Wednesday. Ten investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $38.15.

Check Out Our Latest Stock Analysis on JD

JD.com Stock Up 7.2%

Shares of JD opened at $33.77 on Thursday. The firm has a market cap of $48.38 billion, a PE ratio of 26.38, a price-to-earnings-growth ratio of 8.66 and a beta of 0.41. The company’s fifty day moving average is $29.14 and its two-hundred day moving average is $29.33. JD.com has a fifty-two week low of $24.51 and a fifty-two week high of $37.00. The company has a quick ratio of 0.91, a current ratio of 1.22 and a debt-to-equity ratio of 0.21.

JD.com (NASDAQ:JDGet Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share for the quarter. The company had revenue of $45.79 billion for the quarter. JD.com had a net margin of 1.04% and a return on equity of 5.85%. Analysts forecast that JD.com will post 2.66 earnings per share for the current year.

JD.com Increases Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, April 29th. Shareholders of record on Thursday, April 9th were issued a $1.00 dividend. This is a boost from JD.com’s previous annual dividend of $0.76. The ex-dividend date was Thursday, April 9th. This represents a dividend yield of 353.0%. JD.com’s dividend payout ratio (DPR) is 55.68%.

Hedge Funds Weigh In On JD.com

Hedge funds have recently made changes to their positions in the stock. Binnacle Investments Inc boosted its holdings in shares of JD.com by 365.8% in the 3rd quarter. Binnacle Investments Inc now owns 750 shares of the information services provider’s stock valued at $26,000 after purchasing an additional 589 shares during the last quarter. Root Financial Partners LLC boosted its holdings in shares of JD.com by 1,020.0% in the 4th quarter. Root Financial Partners LLC now owns 1,120 shares of the information services provider’s stock valued at $32,000 after purchasing an additional 1,020 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of JD.com by 62.0% in the 3rd quarter. Assetmark Inc. now owns 1,043 shares of the information services provider’s stock valued at $36,000 after purchasing an additional 399 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in shares of JD.com by 191.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,241 shares of the information services provider’s stock valued at $36,000 after acquiring an additional 815 shares during the period. Finally, EFG International AG purchased a new position in shares of JD.com in the 4th quarter valued at $36,000. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Company Profile

(Get Free Report)

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.

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