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

JD.com, Inc. (NASDAQ:JD) has earned an average rating of “Moderate Buy” from the fourteen research firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $45.64.

A number of research firms have commented on JD. JPMorgan Chase & Co. lifted their price objective on shares of JD.com from $50.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, March 7th. Benchmark upped their price target on shares of JD.com from $47.00 to $58.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Barclays boosted their price target on JD.com from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, February 28th. Susquehanna reiterated a “neutral” rating and set a $45.00 price objective (up previously from $35.00) on shares of JD.com in a research report on Wednesday, March 12th. Finally, StockNews.com lowered shares of JD.com from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 11th.

JD.com Price Performance

Shares of NASDAQ JD opened at $42.57 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90. The business has a 50-day moving average of $40.78 and a 200-day moving average of $38.10. The stock has a market capitalization of $67.14 billion, a price-to-earnings ratio of 13.47, a PEG ratio of 0.31 and a beta of 0.43. JD.com has a fifty-two week low of $24.13 and a fifty-two week high of $47.82.

JD.com Increases Dividend

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

Institutional Investors Weigh In On JD.com

Hedge funds and other institutional investors have recently modified their holdings of the stock. Fairtree Asset Management Pty Ltd bought a new position in shares of JD.com in the 4th quarter worth $4,974,000. Wealth Enhancement Advisory Services LLC raised its position in JD.com by 5.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 12,333 shares of the information services provider’s stock worth $428,000 after purchasing an additional 645 shares during the period. Siemens Fonds Invest GmbH bought a new position in JD.com during the 4th quarter worth approximately $1,989,000. Jefferies Financial Group Inc. increased its stake in shares of JD.com by 169.9% in the fourth quarter. Jefferies Financial Group Inc. now owns 33,086 shares of the information services provider’s stock worth $1,147,000 after buying an additional 20,829 shares during the period. Finally, Lakeshore Capital Group Inc. purchased a new position in shares of JD.com in the fourth quarter valued at about $458,000. 15.98% of the stock is currently owned by institutional investors.

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.