Jefferies Financial Group Inc. Purchases 20,829 Shares of JD.com, Inc. (NASDAQ:JD)

Jefferies Financial Group Inc. lifted its holdings in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 169.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,086 shares of the information services provider's stock after purchasing an additional 20,829 shares during the quarter. Jefferies Financial Group Inc.'s holdings in JD.com were worth $1,147,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Nisa Investment Advisors LLC grew its stake in JD.com by 71.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider's stock valued at $35,000 after buying an additional 417 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in JD.com by 41.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 24,508 shares of the information services provider's stock valued at $850,000 after buying an additional 7,174 shares during the last quarter. Brighton Jones LLC acquired a new position in JD.com in the 4th quarter valued at $270,000. Blue Trust Inc. grew its stake in JD.com by 188.3% in the 4th quarter. Blue Trust Inc. now owns 9,103 shares of the information services provider's stock valued at $316,000 after buying an additional 5,945 shares during the last quarter. Finally, Union Bancaire Privee UBP SA acquired a new position in JD.com in the 4th quarter valued at $66,000. Institutional investors and hedge funds own 15.98% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on JD shares. Macquarie reiterated a "neutral" rating and issued a $35.00 target price on shares of JD.com in a research note on Wednesday, April 23rd. Dbs Bank upgraded shares of JD.com to a "strong-buy" rating in a research report on Wednesday, February 12th. Mizuho decreased their price target on shares of JD.com from $50.00 to $48.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 14th. Bank of America decreased their price target on shares of JD.com from $51.00 to $48.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Finally, Barclays raised their price target on shares of JD.com from $50.00 to $55.00 and gave the stock an "overweight" rating in a research report on Friday, February 28th. Two equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $46.33.

JD.com Price Performance

Shares of NASDAQ:JD traded down $0.59 during midday trading on Friday, reaching $32.35. 11,019,075 shares of the company's stock were exchanged, compared to its average volume of 14,026,723. The company's 50 day simple moving average is $35.19 and its two-hundred day simple moving average is $37.39. The firm has a market capitalization of $51.02 billion, a PE ratio of 10.24, a price-to-earnings-growth ratio of 0.31 and a beta of 0.56. JD.com, Inc. has a 12 month low of $24.13 and a 12 month high of $47.82. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17.

JD.com Increases Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th were issued a dividend of $0.76 per share. This is an increase from JD.com's previous annual dividend of $0.74. This represents a yield of 1.7%. The ex-dividend date was Tuesday, April 8th. JD.com's dividend payout ratio (DPR) is currently 23.84%.

JD.com 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.