Jefferies Financial Group Inc. Has $1.15 Million Position in JD.com, Inc. (NASDAQ:JD)

Jefferies Financial Group Inc. boosted its position in shares of JD.com, Inc. (NASDAQ:JD - Free Report) by 169.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,086 shares of the information services provider's stock after purchasing an additional 20,829 shares during the period. Jefferies Financial Group Inc.'s holdings in JD.com were worth $1,147,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JD. FMR LLC raised its holdings in JD.com by 86.2% during the fourth quarter. FMR LLC now owns 28,447,641 shares of the information services provider's stock valued at $986,280,000 after buying an additional 13,170,649 shares in the last quarter. Appaloosa LP grew its holdings in JD.com by 43.4% in the 4th quarter. Appaloosa LP now owns 10,465,885 shares of the information services provider's stock valued at $362,852,000 after buying an additional 3,165,885 shares during the last quarter. Voya Investment Management LLC bought a new position in JD.com in the 4th quarter worth approximately $109,665,000. Aspex Management HK Ltd acquired a new position in shares of JD.com during the fourth quarter worth approximately $93,562,000. Finally, Norges Bank bought a new stake in shares of JD.com in the fourth quarter valued at approximately $70,130,000. Hedge funds and other institutional investors own 15.98% of the company's stock.

JD.com Trading Up 1.9%

JD stock traded up $0.65 during midday trading on Tuesday, reaching $34.34. The company's stock had a trading volume of 3,827,703 shares, compared to its average volume of 14,321,930. The business's 50-day simple moving average is $37.02 and its 200-day simple moving average is $37.74. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. JD.com, Inc. has a 52 week low of $24.13 and a 52 week high of $47.82. The stock has a market cap of $54.16 billion, a PE ratio of 10.86, a price-to-earnings-growth ratio of 0.31 and a beta of 0.56.

JD.com Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th were paid a dividend of $0.76 per share. The ex-dividend date of this dividend was Tuesday, April 8th. This is a boost from JD.com's previous annual dividend of $0.74. This represents a dividend yield of 1.7%. JD.com's payout ratio is 23.84%.

Analysts Set New Price Targets

Several research firms recently commented on JD. Sanford C. Bernstein reiterated an "outperform" rating on shares of JD.com in a research note on Friday, March 7th. Barclays increased 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. UBS Group set a $51.00 price objective on JD.com in a report on Friday, March 7th. Morgan Stanley set a $39.00 target price on JD.com in a report on Tuesday, May 13th. Finally, Macquarie reaffirmed a "neutral" rating and issued a $35.00 price target on shares of JD.com in a research note on Wednesday, April 23rd. Two analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $47.42.

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.