U.S. Capital Wealth Advisors LLC Acquires 65,829 Shares of JD.com, Inc. $JD

Key Points

• U.S. Capital Wealth Advisors LLC bought an additional 65,829 shares of JD.com, increasing its stake by 381.3% to 83,093 shares valued at about $2.385 million.
• JD.com raised its annual dividend to $1.00 (up from $0.76), with an ex-dividend date of April 9 and a payment date of April 29; the company’s dividend payout ratio is 55.68%.
• Analysts are mostly positive on JD.com, with a consensus rating of "Moderate Buy" and a consensus price target of $36.36.

U.S. Capital Wealth Advisors LLC grew its holdings in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 381.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 83,093 shares of the information services provider's stock after buying an additional 65,829 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in JD.com were worth $2,385,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Binnacle Investments Inc raised its holdings in shares of JD.com by 365.8% during the third quarter. Binnacle Investments Inc now owns 750 shares of the information services provider's stock valued at $26,000 after purchasing an additional 589 shares during the period. Stone House Investment Management LLC bought a new position in JD.com in the third quarter worth approximately $35,000. Assetmark Inc. grew its stake in JD.com by 62.0% in the third quarter. Assetmark Inc. now owns 1,043 shares of the information services provider's stock valued at $36,000 after acquiring an additional 399 shares during the period. Golden State Wealth Management LLC increased its holdings in shares of JD.com by 657.9% during the third quarter. Golden State Wealth Management LLC now owns 1,152 shares of the information services provider's stock valued at $40,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Union Bancaire Privee UBP SA lifted its holdings in shares of JD.com by 136.0% in the 3rd quarter. Union Bancaire Privee UBP SA now owns 1,180 shares of the information services provider's stock worth $41,000 after purchasing an additional 680 shares in the last quarter. Institutional investors and hedge funds own 15.98% of the company's stock.

JD.com Stock Up 4.4%

JD stock opened at $30.20 on Tuesday. JD.com, Inc. has a 1-year low of $24.51 and a 1-year high of $38.08. The stock has a market cap of $43.26 billion, a P/E ratio of 16.90, a P/E/G ratio of 8.35 and a beta of 0.36. The stock's fifty day simple moving average is $27.84 and its two-hundred day simple moving average is $29.80. The company has a current ratio of 1.22, a quick ratio of 0.91 and a debt-to-equity ratio of 0.21.

JD.com (NASDAQ:JD - Get Free Report) last released its earnings results on Saturday, February 14th. The information services provider reported $0.04 EPS for the quarter. JD.com had a return on equity of 7.56% and a net margin of 1.48%.The company had revenue of $50.35 billion for the quarter. Analysts expect that JD.com, Inc. will post 3.91 EPS for the current year.

JD.com Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Wednesday, April 29th. Investors of record on Thursday, April 9th will be paid a $1.00 dividend. The ex-dividend date is Thursday, April 9th. This is a positive change from JD.com's previous annual dividend of $0.76. This represents a yield of 353.0%. JD.com's dividend payout ratio (DPR) is currently 55.68%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on JD. Weiss Ratings upgraded shares of JD.com from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, March 23rd. Zacks Research raised shares of JD.com from a "strong sell" rating to a "hold" rating in a research report on Monday, March 2nd. Barclays decreased their price objective on JD.com from $41.00 to $34.00 and set an "overweight" rating for the company in a report on Monday, March 9th. Bank of America reiterated a "buy" rating and set a $33.00 price target on shares of JD.com in a report on Thursday, March 5th. Finally, HSBC reaffirmed a "buy" rating and set a $37.00 price objective on shares of JD.com in a report on Monday, December 29th. Eleven investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $36.36.

JD.com Company Profile

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.

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