JD.com, Inc. (NASDAQ:JD) Given Consensus Rating of “Moderate Buy” by Brokerages

JD.com, Inc. (NASDAQ:JD) has been assigned an average recommendation of “Moderate Buy” from the fourteen analysts that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $45.64.

A number of research analysts recently commented on JD shares. UBS Group set a $51.00 price target on shares of JD.com in a research note on Friday, March 7th. Sanford C. Bernstein reiterated an “outperform” rating on shares of JD.com in a research note on Friday, March 7th. Susquehanna restated a “neutral” rating and issued a $45.00 price target (up from $35.00) on shares of JD.com in a research note on Wednesday, March 12th. Benchmark upped their price objective on JD.com from $47.00 to $58.00 and gave the company a “buy” rating in a report on Friday, March 7th. Finally, Barclays lifted their target price on JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a report on Friday, February 28th.

Institutional Investors Weigh In On JD.com

Several hedge funds have recently modified their holdings of JD. Richardson Financial Services Inc. acquired a new position in JD.com during the 4th quarter worth about $27,000. Brooklyn Investment Group bought a new stake in JD.com in the fourth quarter valued at approximately $34,000. Nisa Investment Advisors LLC increased its position in JD.com by 71.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock valued at $35,000 after purchasing an additional 417 shares during the period. Modus Advisors LLC bought a new position in JD.com during the 4th quarter worth approximately $41,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of JD.com in the 3rd quarter worth approximately $49,000. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Trading Down 1.1 %

JD stock opened at $41.12 on Tuesday. JD.com has a one year low of $24.13 and a one year high of $47.82. The stock has a market cap of $64.85 billion, a price-to-earnings ratio of 13.01, a price-to-earnings-growth ratio of 0.31 and a beta of 0.43. The company has a fifty day moving average price of $41.29 and a two-hundred day moving average price of $38.64. 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 business also recently disclosed an annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th will be paid a $0.76 dividend. This is an increase from JD.com’s previous annual dividend of $0.74. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a yield of 1.7%. JD.com’s dividend payout ratio is presently 26.13%.

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.