JD.com, Inc. (NASDAQ:JD) Short Interest Update

JD.com, Inc. (NASDAQ:JD - Get Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totalling 32,120,000 shares, an increase of 18.7% from the April 15th total of 27,070,000 shares. Based on an average daily volume of 13,670,000 shares, the days-to-cover ratio is presently 2.3 days.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on JD. Nomura decreased their target price on JD.com from $36.00 to $33.00 in a report on Friday, April 5th. Loop Capital raised their target price on shares of JD.com from $26.00 to $35.00 and gave the company a "hold" rating in a research note on Monday. Morgan Stanley reaffirmed an "equal weight" rating and issued a $27.00 target price on shares of JD.com in a research report on Thursday, April 18th. Barclays dropped their price target on shares of JD.com from $45.00 to $35.00 and set an "overweight" rating on the stock in a research note on Wednesday, January 31st. Finally, Benchmark restated a "buy" rating and set a $55.00 price objective on shares of JD.com in a report on Tuesday, April 16th. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $36.33.

JD.com Trading Down 1.3 %

Shares of JD.com stock traded down $0.43 during trading on Tuesday, hitting $33.35. The stock had a trading volume of 9,945,256 shares, compared to its average volume of 14,116,459. JD.com has a 1 year low of $20.82 and a 1 year high of $41.95. The stock has a 50 day simple moving average of $27.74 and a 200 day simple moving average of $26.24. The company has a quick ratio of 0.90, a current ratio of 1.16 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $52.60 billion, a PE ratio of 15.64, a P/E/G ratio of 0.26 and a beta of 0.51.

JD.com (NASDAQ:JD - Get Free Report) last issued its quarterly earnings results on Wednesday, March 6th. The information services provider reported $5.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $4.74. JD.com had a return on equity of 10.87% and a net margin of 2.22%. The business had revenue of $306.08 billion for the quarter, compared to the consensus estimate of $300.21 billion. During the same quarter in the previous year, the company posted $0.54 earnings per share. JD.com's revenue for the quarter was up 3.6% compared to the same quarter last year. On average, research analysts expect that JD.com will post 2.85 EPS for the current fiscal year.

JD.com Announces Dividend

The company also recently announced an annual dividend, which was paid on Monday, April 29th. Shareholders of record on Friday, April 5th were paid a $0.74 dividend. The ex-dividend date was Thursday, April 4th. This represents a yield of 2.99%. JD.com's dividend payout ratio (DPR) is currently 34.74%.

Institutional Investors Weigh In On JD.com

Several institutional investors have recently made changes to their positions in the company. Aspex Management HK Ltd acquired a new position in JD.com during the fourth quarter worth $114,009,000. FIL Ltd increased its holdings in shares of JD.com by 124.3% during the 4th quarter. FIL Ltd now owns 6,210,546 shares of the information services provider's stock valued at $179,423,000 after acquiring an additional 3,441,605 shares during the last quarter. National Bank of Canada FI raised its stake in shares of JD.com by 292.4% in the 4th quarter. National Bank of Canada FI now owns 4,436,719 shares of the information services provider's stock valued at $120,679,000 after acquiring an additional 3,305,956 shares in the last quarter. Discerene Group LP lifted its holdings in JD.com by 66.0% in the 1st quarter. Discerene Group LP now owns 5,554,851 shares of the information services provider's stock worth $152,147,000 after purchasing an additional 2,207,619 shares during the last quarter. Finally, Polunin Capital Partners Ltd bought a new stake in JD.com during the first quarter worth approximately $41,477,000. 15.98% of the stock is currently owned by institutional investors and hedge funds.

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.

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