Stock Traders Purchase Large Volume of Vipshop Put Options (NYSE:VIPS)

Vipshop Holdings Limited (NYSE:VIPS) saw unusually large options trading on Wednesday. Stock traders bought 6,624 put options on the stock. This represents an increase of 379% compared to the average daily volume of 1,384 put options.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VIPS. Venturi Wealth Management LLC purchased a new position in Vipshop in the 3rd quarter worth approximately $56,000. Blue Trust Inc. lifted its holdings in Vipshop by 17.5% in the 4th 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 in the last quarter. Jump Financial LLC purchased a new stake in shares of Vipshop during the 4th quarter worth approximately $161,000. Atomi Financial Group Inc. raised its holdings in shares of Vipshop by 10.8% during the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company’s stock worth $165,000 after acquiring an additional 1,191 shares in the last quarter. Finally, Vontobel Holding Ltd. purchased a new stake in shares of Vipshop during the 4th quarter worth approximately $165,000. 48.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Benchmark reiterated a “hold” rating on shares of Vipshop in a report on Wednesday, November 20th. Barclays raised their target price on Vipshop from $19.00 to $20.00 and gave the stock an “overweight” rating in a research report on Tuesday. Citigroup dropped their target price on Vipshop from $18.00 to $17.00 and set a “buy” rating on the stock in a research report on Wednesday, November 20th. Finally, StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.64.

Vipshop Trading Up 4.5 %

Shares of NYSE:VIPS opened at $15.81 on Thursday. The stock has a 50 day moving average of $14.08 and a 200 day moving average of $14.01. The company has a market cap of $8.12 billion, a PE ratio of 7.57, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30. Vipshop has a 12-month low of $11.50 and a 12-month high of $20.19.

Vipshop (NYSE:VIPS) last posted its quarterly earnings results on Wednesday, February 26th. The technology company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.05). Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The business had revenue of $4.55 billion during the quarter, compared to analysts’ expectations of $3.82 billion. Equities research analysts predict that Vipshop will post 1.95 earnings per share for the current fiscal year.

Vipshop Dividend Announcement

The firm also recently declared an annual dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be issued a $0.43 dividend. The ex-dividend date is Friday, April 11th. This represents a yield of 2.9%. Vipshop’s dividend payout ratio is presently 20.71%.

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.