Vipshop Holdings Limited (NYSE:VIPS) Given Average Rating of “Hold” by Brokerages

Vipshop Holdings Limited (NYSE:VIPS) has been given a consensus rating of “Hold” by the six brokerages that are currently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $15.30.

Several equities research analysts have recently issued reports on VIPS shares. Barclays raised their target price 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. Citigroup downgraded Vipshop from a “buy” rating to a “neutral” rating and set a $18.00 target price for the company. in a research report on Tuesday, April 1st. Finally, StockNews.com upgraded Vipshop from a “hold” rating to a “buy” rating in a research note on Friday, February 21st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of VIPS. Vanguard Group Inc. increased its position in shares of Vipshop by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 13,961,402 shares of the technology company’s stock worth $188,060,000 after purchasing an additional 79,254 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in Vipshop by 1.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 11,107,555 shares of the technology company’s stock worth $149,619,000 after purchasing an additional 139,320 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Vipshop by 14.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 8,063,150 shares of the technology company’s stock valued at $108,608,000 after buying an additional 993,042 shares during the last quarter. Invesco Ltd. raised its stake in Vipshop by 28.4% during the fourth quarter. Invesco Ltd. now owns 7,759,150 shares of the technology company’s stock valued at $104,516,000 after buying an additional 1,718,159 shares in the last quarter. Finally, Norges Bank acquired a new stake in Vipshop during the fourth quarter valued at approximately $64,115,000. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Vipshop Stock Down 5.0 %

NYSE:VIPS opened at $14.08 on Wednesday. Vipshop has a fifty-two week low of $11.50 and a fifty-two week high of $17.94. The company has a market cap of $7.23 billion, a P/E ratio of 6.74, a P/E/G ratio of 1.52 and a beta of 0.53. The firm’s 50 day moving average is $15.61 and its two-hundred day moving average is $14.66.

Vipshop (NYSE:VIPS) last posted its earnings results on Wednesday, February 26th. The technology company reported $0.65 earnings per share (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 for the quarter, compared to analyst estimates of $3.82 billion. Research analysts forecast that Vipshop will post 1.95 earnings per share for the current fiscal year.

Vipshop Dividend Announcement

The firm 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 dividend of $0.43 per share. This represents a dividend yield of 2.9%. The ex-dividend date is Friday, April 11th. Vipshop’s payout ratio is 24.24%.

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.