Vipshop Holdings Limited (NYSE:VIPS) Receives Consensus Rating of “Hold” from Analysts

Vipshop Holdings Limited (NYSE:VIPS) has received a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $17.50.

A number of equities research analysts have weighed in on VIPS shares. Barclays started coverage on Vipshop in a research report on Wednesday, November 6th. They issued an “overweight” rating and a $19.00 target price for the company. Benchmark restated a “hold” rating on shares of Vipshop in a report on Wednesday, November 20th. StockNews.com cut Vipshop from a “buy” rating to a “hold” rating in a report on Monday, February 3rd. Finally, Citigroup reduced their price objective on shares of Vipshop from $18.00 to $17.00 and set a “buy” rating for the company in a research note on Wednesday, November 20th.

Institutional Trading of Vipshop

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Atomi Financial Group Inc. boosted its holdings in Vipshop by 6.8% during the third quarter. Atomi Financial Group Inc. now owns 11,050 shares of the technology company’s stock valued at $174,000 after purchasing an additional 702 shares in the last quarter. Signaturefd LLC lifted its position in shares of Vipshop by 5.1% during the third quarter. Signaturefd LLC now owns 16,704 shares of the technology company’s stock worth $263,000 after purchasing an additional 817 shares in the last quarter. Asset Management One Co. Ltd. lifted its holdings in Vipshop by 2.0% during the 3rd quarter. Asset Management One Co. Ltd. now owns 48,963 shares of the technology company’s stock worth $770,000 after buying an additional 954 shares in the last quarter. Daiwa Securities Group Inc. raised its position in shares of Vipshop by 5.7% during the fourth quarter. Daiwa Securities Group Inc. now owns 25,900 shares of the technology company’s stock worth $349,000 after acquiring an additional 1,400 shares during the last quarter. Finally, Blue Trust Inc. increased its position in Vipshop by 17.5% in the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company’s stock worth $134,000 after purchasing an additional 1,487 shares during the period. 48.82% of the stock is currently owned by institutional investors and hedge funds.

Vipshop Stock Up 2.2 %

Shares of NYSE:VIPS opened at $15.31 on Tuesday. Vipshop has a fifty-two week low of $11.50 and a fifty-two week high of $20.19. The company has a market cap of $7.86 billion, a PE ratio of 7.32, a P/E/G ratio of 1.59 and a beta of 0.30. The company’s 50-day moving average price is $13.76 and its 200 day moving average price is $13.90.

Vipshop Company Profile

Vipshop Holdings Limited operates online platforms in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear and sporting goods, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.