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

JD.com, Inc. (NASDAQ:JD) was the target of unusually large options trading activity on Friday. Traders bought 118,629 call options on the stock. This is an increase of approximately 51% compared to the typical daily volume of 78,436 call options.

JD.com Trading Up 6.1 %

JD stock traded up $1.75 during trading on Friday, hitting $30.34. The company had a trading volume of 22,175,733 shares, compared to its average volume of 14,687,815. The firm has a market capitalization of $47.85 billion, a P/E ratio of 14.24, a PEG ratio of 0.23 and a beta of 0.54. JD.com has a 52-week low of $20.82 and a 52-week high of $41.95. The company has a 50 day simple moving average of $25.91 and a 200-day simple moving average of $25.85. The company has a quick ratio of 0.90, a current ratio of 1.16 and a debt-to-equity ratio of 0.14.

JD.com (NASDAQ:JD) last posted its earnings results on Wednesday, March 6th. The information services provider reported $5.30 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $4.74. The business had revenue of $306.08 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.54 EPS. As a group, research analysts forecast that JD.com will post 2.85 earnings per share for the current fiscal year.

JD.com Announces Dividend

The company also recently disclosed an annual dividend, which will be paid on Monday, April 29th. Investors of record on Friday, April 5th will be paid a dividend of $0.74 per share. The ex-dividend date is Thursday, April 4th. This represents a dividend yield of 2.99%. JD.com’s dividend payout ratio (DPR) is presently 34.74%.

Analyst Ratings Changes

Several research analysts have recently issued reports on JD shares. Mizuho upped their target price on shares of JD.com from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Thursday, March 7th. HSBC increased their price objective on shares of JD.com from $38.00 to $39.00 and gave the stock a “buy” rating in a research note on Thursday, March 7th. Barclays reduced their price objective on shares of JD.com from $45.00 to $35.00 and set an “overweight” rating for the company in a research note on Wednesday, January 31st. Citigroup reduced their price objective on shares of JD.com from $43.00 to $42.00 and set a “buy” rating for the company in a research note on Thursday, January 25th. Finally, Loop Capital reduced their price objective on shares of JD.com from $26.00 to $24.00 and set a “hold” rating for the company in a research note on Friday, April 5th. Six equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $35.60.

Hedge Funds Weigh In On JD.com

Large investors have recently made changes to their positions in the business. China Universal Asset Management Co. Ltd. grew its position in JD.com by 146.3% during the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 1,754 shares of the information services provider’s stock worth $51,000 after purchasing an additional 1,042 shares during the last quarter. Mizuho Securities Co. Ltd. increased its stake in JD.com by 468.8% during the 3rd quarter. Mizuho Securities Co. Ltd. now owns 1,820 shares of the information services provider’s stock valued at $53,000 after purchasing an additional 1,500 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in JD.com by 812.1% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,888 shares of the information services provider’s stock valued at $52,000 after purchasing an additional 1,681 shares in the last quarter. Hexagon Capital Partners LLC acquired a new position in JD.com during the 1st quarter valued at approximately $58,000. Finally, Spire Wealth Management increased its stake in JD.com by 81.3% during the 3rd quarter. Spire Wealth Management now owns 2,166 shares of the information services provider’s stock valued at $63,000 after purchasing an additional 971 shares in the last quarter. 15.98% of the stock is owned by institutional investors and hedge funds.

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.