Traders Purchase High Volume of JD.com Call Options (NASDAQ:JD)

JD.com, Inc. (NASDAQ:JDGet Free Report) was the recipient of some unusual options trading activity on Wednesday. Stock traders acquired 219,252 call options on the company. This is an increase of 191% compared to the average daily volume of 75,468 call options.

JD.com Price Performance

Shares of JD.com stock opened at $27.27 on Thursday. The firm has a market cap of $43.01 billion, a PE ratio of 12.80, a price-to-earnings-growth ratio of 0.22 and a beta of 0.54. JD.com has a 12-month low of $20.82 and a 12-month high of $42.44. The company has a quick ratio of 0.90, a current ratio of 1.16 and a debt-to-equity ratio of 0.14. The company’s fifty day simple moving average is $24.60 and its two-hundred day simple moving average is $26.16.

JD.com (NASDAQ:JDGet Free Report) last announced its quarterly earnings results on Wednesday, March 6th. The information services provider reported $5.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $4.74. The business had revenue of $306.08 billion for the quarter, compared to analyst estimates of $300.21 billion. JD.com had a net margin of 2.22% and a return on equity of 10.87%. The company’s revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 EPS. As a group, equities analysts expect that JD.com will post 2.85 EPS for the current year.

JD.com Announces Dividend

The business also recently announced an annual dividend, which will be paid on Monday, April 29th. Stockholders of record on Friday, April 5th will be paid a dividend of $0.74 per share. This represents a dividend yield of 2.99%. The ex-dividend date of this dividend is Thursday, April 4th. JD.com’s payout ratio is 28.17%.

Analyst Upgrades and Downgrades

JD has been the subject of a number of research reports. StockNews.com downgraded shares of JD.com from a “buy” rating to a “hold” rating in a research report on Sunday. Mizuho raised their price objective on shares of JD.com from $32.00 to $33.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. HSBC raised their price objective on shares of JD.com from $38.00 to $39.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. Barclays lowered their price objective on shares of JD.com from $45.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 31st. Finally, Citigroup lowered their price objective on shares of JD.com from $43.00 to $42.00 and set a “buy” rating on the stock in a research report on Thursday, January 25th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, JD.com has a consensus rating of “Moderate Buy” and a consensus target price of $39.64.

View Our Latest Analysis on JD.com

Institutional Investors Weigh In On JD.com

Large investors have recently modified their holdings of the stock. First Manhattan Co. boosted its stake in JD.com by 32.5% during the fourth quarter. First Manhattan Co. now owns 994 shares of the information services provider’s stock worth $56,000 after acquiring an additional 244 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in JD.com by 3.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 8,068 shares of the information services provider’s stock worth $275,000 after buying an additional 278 shares during the last quarter. Harvest Fund Management Co. Ltd raised its holdings in JD.com by 0.9% in the third quarter. Harvest Fund Management Co. Ltd now owns 39,941 shares of the information services provider’s stock worth $1,163,000 after buying an additional 371 shares during the last quarter. Ronald Blue Trust Inc. raised its holdings in JD.com by 28.4% in the third quarter. Ronald Blue Trust Inc. now owns 1,883 shares of the information services provider’s stock worth $55,000 after buying an additional 416 shares during the last quarter. Finally, SVB Wealth LLC raised its holdings in shares of JD.com by 2.0% during the first quarter. SVB Wealth LLC now owns 24,265 shares of the information services provider’s stock valued at $1,404,000 after purchasing an additional 473 shares during the last quarter. Institutional investors own 15.98% of the company’s stock.

About JD.com

(Get Free Report)

JD.com, Inc provides supply chain-based technologies and services 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.

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