JD.com, Inc. (NASDAQ:JD) Receives $45.64 Average PT from Analysts

JD.com, Inc. (NASDAQ:JD) has been given a consensus recommendation of “Moderate Buy” by the fourteen research firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $45.64.

Several analysts recently weighed in on the stock. StockNews.com downgraded shares of JD.com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 11th. Barclays lifted their price objective on JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, February 28th. JPMorgan Chase & Co. increased their target price on JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a research note on Friday, March 7th. Dbs Bank raised JD.com to a “strong-buy” rating in a research report on Wednesday, February 12th. Finally, UBS Group set a $51.00 price target on shares of JD.com in a research report on Friday, March 7th.

JD.com Price Performance

Shares of JD opened at $41.58 on Tuesday. The firm has a 50-day simple moving average of $41.25 and a two-hundred day simple moving average of $38.46. The stock has a market cap of $65.58 billion, a PE ratio of 13.16, a P/E/G ratio of 0.31 and a beta of 0.43. JD.com has a 1-year low of $24.13 and a 1-year high of $47.82. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90.

JD.com Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Tuesday, April 8th will be given 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 payout ratio is 26.13%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in JD. Richardson Financial Services Inc. acquired a new position in shares of JD.com in the 4th quarter valued at $27,000. Brooklyn Investment Group acquired a new position in JD.com in the fourth quarter valued at $34,000. Nisa Investment Advisors LLC grew its holdings in shares of 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 purchasing an additional 417 shares during the last quarter. Modus Advisors LLC acquired a new stake in shares of JD.com during the fourth quarter worth about $41,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of JD.com in the 3rd quarter valued at about $49,000. 15.98% of the stock is owned by institutional investors and hedge funds.

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.