JD.com Target of Unusually High Options Trading (NASDAQ:JD)

JD.com, Inc. (NASDAQ:JD) was the recipient of unusually large options trading on Monday. Traders acquired 87,416 call options on the stock. This is an increase of 31% compared to the typical volume of 66,489 call options.

Hedge Funds Weigh In On JD.com

Large investors have recently made changes to their positions in the stock. Natixis Advisors L.P. boosted its position in shares of JD.com by 44.6% in the fourth quarter. Natixis Advisors L.P. now owns 18,837 shares of the information services provider’s stock valued at $544,000 after acquiring an additional 5,814 shares during the period. Private Advisor Group LLC boosted its holdings in JD.com by 26.4% in the 4th quarter. Private Advisor Group LLC now owns 14,824 shares of the information services provider’s stock valued at $417,000 after purchasing an additional 3,097 shares during the period. Boston Partners purchased a new position in shares of JD.com during the 4th quarter valued at $500,000. Avantax Advisory Services Inc. bought a new position in shares of JD.com in the fourth quarter worth $423,000. Finally, Vanguard Personalized Indexing Management LLC raised its holdings in shares of JD.com by 54.8% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 13,761 shares of the information services provider’s stock valued at $398,000 after acquiring an additional 4,874 shares in the last quarter. 15.98% of the stock is owned by institutional investors.

JD.com Stock Performance

JD traded up $0.06 during trading on Monday, hitting $26.30. 6,952,383 shares of the company traded hands, compared to its average volume of 13,489,417. The firm has a market cap of $41.48 billion, a P/E ratio of 11.98 and a beta of 0.39. The company has a quick ratio of 0.90, a current ratio of 1.15 and a debt-to-equity ratio of 0.20. JD.com has a one year low of $20.82 and a one year high of $35.69. The stock’s fifty day moving average is $26.55 and its 200 day moving average is $27.74.

JD.com (NASDAQ:JD) last announced its quarterly earnings data on Thursday, August 15th. The information services provider reported $9.36 earnings per share for the quarter, topping the consensus estimate of $0.79 by $8.57. The company had revenue of $291.40 billion during the quarter, compared to analyst estimates of $291.01 billion. JD.com had a return on equity of 13.51% and a net margin of 2.80%. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.68 EPS. As a group, equities analysts predict that JD.com will post 3.74 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on JD. Barclays lowered their target price on JD.com from $41.00 to $40.00 and set an “overweight” rating for the company in a report on Tuesday, July 16th. Benchmark decreased their price objective on JD.com from $55.00 to $47.00 and set a “buy” rating for the company in a report on Friday, August 16th. Loop Capital lowered their target price on shares of JD.com from $35.00 to $31.00 and set a “hold” rating on the stock in a report on Friday, June 21st. Sanford C. Bernstein cut their price target on JD.com from $35.00 to $32.00 and set a “market perform” rating for the company in a research note on Friday, August 16th. Finally, StockNews.com raised JD.com from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, September 11th. Four analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $36.93.

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.