BNP Paribas Financial Markets Has $24.17 Million Stake in Vipshop Holdings Limited (NYSE:VIPS)

BNP Paribas Financial Markets boosted its stake in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 32.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,361,174 shares of the technology company's stock after acquiring an additional 333,459 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.23% of Vipshop worth $24,174,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Principal Securities Inc. bought a new position in shares of Vipshop in the 4th quarter valued at about $703,000. National Bank of Canada FI grew its stake in shares of Vipshop by 22,608.4% in the fourth quarter. National Bank of Canada FI now owns 558,853 shares of the technology company's stock valued at $9,707,000 after acquiring an additional 556,392 shares in the last quarter. AJOVista LLC acquired a new stake in Vipshop during the fourth quarter worth about $4,817,000. LSV Asset Management grew its stake in Vipshop by 8.6% during the fourth quarter. LSV Asset Management now owns 4,042,022 shares of the technology company's stock worth $71,786,000 after buying an additional 319,522 shares in the last quarter. Finally, Los Angeles Capital Management LLC grew its stake in Vipshop by 6.2% during the fourth quarter. Los Angeles Capital Management LLC now owns 883,240 shares of the technology company's stock worth $15,686,000 after buying an additional 51,909 shares in the last quarter. Institutional investors own 48.82% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on VIPS. Benchmark reissued a "buy" rating and issued a $29.00 target price on shares of Vipshop in a report on Thursday, February 29th. StockNews.com downgraded shares of Vipshop from a "strong-buy" rating to a "buy" rating in a research report on Monday. HSBC dropped their price objective on Vipshop from $22.90 to $19.00 and set a "hold" rating on the stock in a research note on Thursday, March 28th. Finally, Citigroup raised their price objective on Vipshop from $20.00 to $21.00 and gave the company a "buy" rating in a research note on Tuesday, January 23rd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $21.13.

Vipshop Stock Performance

NYSE:VIPS traded down $0.42 during trading hours on Tuesday, reaching $16.39. The company's stock had a trading volume of 2,792,248 shares, compared to its average volume of 3,597,670. The firm has a market capitalization of $8.89 billion, a price-to-earnings ratio of 8.29 and a beta of 0.44. The firm has a 50-day simple moving average of $16.55 and a 200-day simple moving average of $16.34. Vipshop Holdings Limited has a 1 year low of $13.80 and a 1 year high of $20.19.

Vipshop (NYSE:VIPS - Get Free Report) last issued its earnings results on Wednesday, February 28th. The technology company reported $5.79 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $5.15. The company had revenue of $34.67 billion for the quarter, compared to analysts' expectations of $33.18 billion. Vipshop had a net margin of 7.20% and a return on equity of 23.19%. The firm's revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.47 EPS. Equities analysts anticipate that Vipshop Holdings Limited will post 2.24 earnings per share for the current fiscal year.

Vipshop Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Monday, April 8th. Shareholders of record on Friday, March 15th were given a $0.43 dividend. This represents a dividend yield of 2.3%. The ex-dividend date of this dividend was Thursday, March 14th. Vipshop's payout ratio is 20.20%.

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, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.