Vipshop Holdings Limited (NYSE:VIPS) Receives Consensus Recommendation of “Hold” from Brokerages

Vipshop Holdings Limited (NYSE:VIPS) has received an average recommendation of “Hold” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $15.30.

Several analysts have issued reports on the company. Citigroup lowered Vipshop from a “buy” rating to a “neutral” rating and set a $18.00 target price for the company. in a research note on Tuesday. Barclays upped their price objective on shares of Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a research note on Tuesday, February 25th. Finally, StockNews.com upgraded shares of Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st.

Institutional Trading of Vipshop

Several institutional investors and hedge funds have recently bought and sold shares of VIPS. Atomi Financial Group Inc. grew its position in shares of Vipshop by 10.8% in the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company’s stock worth $165,000 after buying an additional 1,191 shares during the period. Daiwa Securities Group Inc. boosted its stake in 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 in the last quarter. Blue Trust Inc. grew its holdings 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. Nomura Asset Management Co. Ltd. increased its stake in shares of Vipshop by 3.5% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 44,100 shares of the technology company’s stock valued at $594,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Lester Murray Antman dba SimplyRich lifted its holdings in shares of Vipshop by 1.0% during the fourth quarter. Lester Murray Antman dba SimplyRich now owns 151,159 shares of the technology company’s stock valued at $2,036,000 after purchasing an additional 1,526 shares during the last quarter. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

Vipshop Price Performance

VIPS stock opened at $15.34 on Wednesday. The firm has a 50 day simple moving average of $15.59 and a two-hundred day simple moving average of $14.63. The stock has a market cap of $7.87 billion, a PE ratio of 7.34, a P/E/G ratio of 1.52 and a beta of 0.30. Vipshop has a one year low of $11.50 and a one year high of $17.94.

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

Vipshop Dividend Announcement

The business also recently announced an annual dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be given a $0.43 dividend. The ex-dividend date of this dividend is Friday, April 11th. This represents a dividend yield of 2.9%. Vipshop’s dividend payout ratio is 24.24%.

About Vipshop

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.