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

JD.com, Inc. (NASDAQ:JD) was the target of some unusual options trading on Monday. Investors bought 104,902 call options on the stock. This is an increase of approximately 27% compared to the average daily volume of 82,518 call options.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in JD.com by 280.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 25,652 shares of the information services provider’s stock worth $1,026,000 after buying an additional 18,916 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of JD.com by 24.3% during the third quarter. Rockefeller Capital Management L.P. now owns 21,295 shares of the information services provider’s stock worth $851,000 after purchasing an additional 4,157 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in JD.com in the 3rd quarter worth approximately $280,000. Quantinno Capital Management LP boosted its stake in JD.com by 20.2% in the 3rd quarter. Quantinno Capital Management LP now owns 16,105 shares of the information services provider’s stock worth $644,000 after purchasing an additional 2,712 shares during the period. Finally, Stifel Financial Corp grew its holdings in JD.com by 35.9% during the 3rd quarter. Stifel Financial Corp now owns 174,512 shares of the information services provider’s stock valued at $6,981,000 after buying an additional 46,130 shares in the last quarter. Hedge funds and other institutional investors own 15.98% of the company’s stock.

JD.com Stock Performance

NASDAQ:JD traded down $1.89 on Monday, hitting $34.92. The stock had a trading volume of 28,813,996 shares, compared to its average volume of 13,777,045. 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 $55.07 billion, a price-to-earnings ratio of 11.05, a price-to-earnings-growth ratio of 0.31 and a beta of 0.53. 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 business’s 50-day simple moving average is $41.33 and its two-hundred day simple moving average is $39.02.

JD.com Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. UBS Group set a $51.00 price objective on shares of JD.com in a research note on Friday, March 7th. StockNews.com downgraded shares of JD.com from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 11th. Barclays boosted their price objective on shares of JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a report on Friday, February 28th. Benchmark increased their target price on JD.com from $47.00 to $58.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of JD.com in a research note on Friday, March 7th. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, JD.com currently has an average rating of “Moderate Buy” and a consensus target price of $46.62.

About JD.com

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.