BNP Paribas Financial Markets Has $21.05 Million Position in Vipshop Holdings Limited (NYSE:VIPS)

BNP Paribas Financial Markets grew its position in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 16.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,562,628 shares of the technology company's stock after acquiring an additional 222,193 shares during the quarter. BNP Paribas Financial Markets owned 0.30% of Vipshop worth $21,049,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new position in shares of Vipshop in the fourth quarter valued at $64,115,000. Polaris Capital Management LLC bought a new stake in Vipshop in the 4th quarter valued at $63,095,000. Invesco Ltd. increased its holdings in Vipshop by 28.4% in the 4th 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 during the period. Northern Trust Corp increased its holdings in Vipshop by 91.2% in the 4th quarter. Northern Trust Corp now owns 2,591,643 shares of the technology company's stock valued at $34,909,000 after buying an additional 1,236,106 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Vipshop by 14.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 8,063,150 shares of the technology company's stock valued at $108,608,000 after acquiring an additional 993,042 shares in the last quarter. Institutional investors own 48.82% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on VIPS. Citigroup cut shares of Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price target for the company. in a research note on Tuesday, April 1st. Barclays increased their target price on Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. Finally, StockNews.com raised Vipshop from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $15.30.

Vipshop Stock Performance

Shares of NYSE VIPS traded down $0.33 during mid-day trading on Thursday, hitting $14.54. 1,007,630 shares of the stock were exchanged, compared to its average volume of 3,885,073. The stock's fifty day simple moving average is $14.53 and its two-hundred day simple moving average is $14.29. Vipshop Holdings Limited has a twelve month low of $11.50 and a twelve month high of $17.94. The company has a market cap of $7.46 billion, a P/E ratio of 6.95, a PEG ratio of 1.52 and a beta of 0.60.

Vipshop (NYSE:VIPS - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $4.55 billion for the quarter, compared to analyst estimates of $3.82 billion. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. As a group, equities research analysts predict that Vipshop Holdings Limited will post 1.95 earnings per share for the current fiscal year.

Vipshop Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 11th were paid a dividend of $0.43 per share. The ex-dividend date was Friday, April 11th. This represents a dividend yield of 2.9%. Vipshop's dividend payout ratio (DPR) is presently 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.