OPTIMAS CAPITAL Ltd Has $6.95 Million Holdings in JD.com, Inc. (NASDAQ:JD)

OPTIMAS CAPITAL Ltd trimmed its holdings in JD.com, Inc. (NASDAQ:JD) by 34.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 200,400 shares of the information services provider’s stock after selling 105,000 shares during the period. JD.com accounts for approximately 9.4% of OPTIMAS CAPITAL Ltd’s holdings, making the stock its largest position. OPTIMAS CAPITAL Ltd’s holdings in JD.com were worth $6,948,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Richardson Financial Services Inc. bought a new stake in JD.com in the fourth quarter worth approximately $27,000. Brooklyn Investment Group bought a new stake in shares of JD.com during the 4th quarter worth $34,000. Nisa Investment Advisors LLC boosted its holdings in shares of JD.com by 71.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock worth $35,000 after buying an additional 417 shares during the period. Modus Advisors LLC bought a new stake in shares of JD.com during the 4th quarter worth $41,000. Finally, Farther Finance Advisors LLC boosted its holdings in shares of JD.com by 111.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider’s stock worth $45,000 after buying an additional 684 shares during the period. 15.98% of the stock is owned by institutional investors.

Analyst Ratings Changes

JD has been the subject of several recent analyst reports. Dbs Bank raised shares of JD.com to a “strong-buy” rating in a report on Wednesday, February 12th. Barclays raised 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. Sanford C. Bernstein restated an “outperform” rating on shares of JD.com in a research report on Friday, March 7th. Benchmark raised their price target on shares of JD.com from $47.00 to $58.00 and gave the stock a “buy” rating in a research report on Friday, March 7th. Finally, Susquehanna restated a “neutral” rating and issued a $45.00 price target (up from $35.00) on shares of JD.com in a research report on Wednesday, March 12th. Two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $45.64.

JD.com Trading Up 4.7 %

Shares of JD stock opened at $45.21 on Tuesday. JD.com, Inc. has a 12-month low of $24.13 and a 12-month high of $47.82. The company has a market capitalization of $71.30 billion, a P/E ratio of 14.31, a P/E/G ratio of 0.31 and a beta of 0.43. The firm has a 50-day moving average price of $39.85 and a 200 day moving average price of $37.51. 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 Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 8th will be paid a $0.76 dividend. The ex-dividend date of this dividend is Tuesday, April 8th. This is an increase from JD.com’s previous annual dividend of $0.74. This represents a dividend yield of 1.7%. JD.com’s payout ratio is currently 26.13%.

JD.com Company Profile

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.