JD.com Target of Unusually Large Options Trading (NASDAQ:JD)

JD.com, Inc. (NASDAQ:JD) saw unusually large options trading activity on Wednesday. Stock investors acquired 91,942 call options on the company. This is an increase of approximately 65% compared to the average daily volume of 55,752 call options.

JD.com Stock Performance

NASDAQ JD opened at $32.86 on Friday. The company has a market capitalization of $47.07 billion, a price-to-earnings ratio of 25.67, a PEG ratio of 9.28 and a beta of 0.41. JD.com has a twelve month low of $24.51 and a twelve month high of $36.86. The stock has a fifty day simple moving average of $29.29 and a 200 day simple moving average of $29.33. The company has a quick ratio of 0.91, a current ratio of 1.18 and a debt-to-equity ratio of 0.22.

JD.com (NASDAQ:JD) last issued its quarterly earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share for the quarter. JD.com had a return on equity of 5.90% and a net margin of 1.04%.The company had revenue of $45.79 billion during the quarter. Sell-side analysts expect that JD.com will post 2.66 EPS for the current year.

JD.com Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Wednesday, April 29th. Stockholders of record on Thursday, April 9th were given a dividend of $1.00 per share. This represents a dividend yield of 353.0%. This is a boost from JD.com’s previous annual dividend of $0.76. The ex-dividend date was Thursday, April 9th. JD.com’s dividend payout ratio is currently 76.56%.

Analyst Upgrades and Downgrades

JD has been the topic of a number of research analyst reports. UBS Group reaffirmed a “buy” rating on shares of JD.com in a report on Friday, March 6th. Wall Street Zen raised JD.com from a “sell” rating to a “hold” rating in a research note on Saturday, April 18th. Zacks Research upgraded shares of JD.com from a “strong sell” rating to a “hold” rating in a research note on Monday, March 2nd. Morgan Stanley increased their price objective on shares of JD.com from $25.00 to $27.00 and gave the company an “underweight” rating in a research note on Wednesday. Finally, Arete Research set a $37.00 target price on shares of JD.com in a research note on Friday, April 17th. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $38.69.

Institutional Trading of JD.com

A number of large investors have recently bought and sold shares of the business. Aurora Investment Managers LLC. raised its holdings in shares of JD.com by 24.6% during the third quarter. Aurora Investment Managers LLC. now owns 269,504 shares of the information services provider’s stock valued at $9,427,000 after purchasing an additional 53,223 shares during the period. Patient Capital Management LLC increased its position in JD.com by 6.8% in the 3rd quarter. Patient Capital Management LLC now owns 842,937 shares of the information services provider’s stock valued at $29,486,000 after buying an additional 53,810 shares in the last quarter. Todd Asset Management LLC raised its stake in JD.com by 8.3% during the 3rd quarter. Todd Asset Management LLC now owns 1,116,629 shares of the information services provider’s stock worth $39,060,000 after buying an additional 85,331 shares during the period. Nan Fung Trinity HK Ltd. bought a new position in JD.com in the third quarter worth approximately $16,815,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in JD.com in the third quarter valued at approximately $22,096,000. 15.98% of the stock is currently owned by institutional investors and hedge funds.

About JD.com

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.