Jump Financial LLC Invests $5.45 Million in JD.com, Inc. (NASDAQ:JD)

Jump Financial LLC acquired a new stake in JD.com, Inc. (NASDAQ:JD - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 157,154 shares of the information services provider's stock, valued at approximately $5,449,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in JD.com by 280.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 25,652 shares of the information services provider's stock valued at $1,026,000 after purchasing an additional 18,916 shares during the last quarter. Wellington Management Group LLP purchased a new stake in JD.com in the 3rd quarter valued at $346,000. MML Investors Services LLC lifted its stake in JD.com by 25.1% during the 3rd quarter. MML Investors Services LLC now owns 18,539 shares of the information services provider's stock valued at $742,000 after acquiring an additional 3,717 shares in the last quarter. Virtu Financial LLC boosted its holdings in JD.com by 86.5% during the 3rd quarter. Virtu Financial LLC now owns 69,146 shares of the information services provider's stock worth $2,766,000 after acquiring an additional 32,079 shares during the last quarter. Finally, World Investment Advisors LLC bought a new stake in shares of JD.com in the 3rd quarter worth $3,170,000. Institutional investors own 15.98% of the company's stock.

Analyst Ratings Changes

JD has been the subject of several analyst reports. Dbs Bank upgraded shares of JD.com to a "strong-buy" rating in a research note on Wednesday, February 12th. UBS Group set a $51.00 target price on JD.com in a research note on Friday, March 7th. Barclays increased their target price on shares of JD.com from $50.00 to $55.00 and gave the company an "overweight" rating in a research report on Friday, February 28th. StockNews.com lowered JD.com from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 11th. Finally, Benchmark boosted their target price on shares of JD.com from $47.00 to $58.00 and gave the company a "buy" rating in a report on Friday, March 7th. One analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, JD.com has a consensus rating of "Buy" and an average target price of $48.67.

JD.com Trading Down 1.7 %

Shares of JD stock traded down $0.58 on Tuesday, hitting $33.49. 8,635,060 shares of the company's stock traded hands, compared to its average volume of 14,146,286. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17. The stock has a market capitalization of $52.81 billion, a price-to-earnings ratio of 10.60, a P/E/G ratio of 0.31 and a beta of 0.53. The company's fifty day simple moving average is $39.92 and its 200 day simple moving average is $38.79. JD.com, Inc. has a one year low of $24.13 and a one year high of $47.82.

JD.com Increases Dividend

The business also recently declared an annual dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 8th will be given a dividend of $0.76 per share. This represents a yield of 1.7%. This is a positive change from JD.com's previous annual dividend of $0.74. The ex-dividend date of this dividend is Tuesday, April 8th. JD.com's dividend payout ratio (DPR) is presently 26.13%.

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.