Vipshop Holdings Limited (NYSE:VIPS) Short Interest Update

Vipshop Holdings Limited (NYSE:VIPS - Get Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 7,130,000 shares, a decline of 18.0% from the March 31st total of 8,690,000 shares. Based on an average daily trading volume, of 3,990,000 shares, the short-interest ratio is currently 1.8 days. Currently, 1.6% of the company's stock are short sold.

Wall Street Analyst Weigh In

Several analysts have commented on VIPS shares. Citigroup downgraded shares of 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. StockNews.com raised Vipshop from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Finally, Barclays raised their price objective on shares of Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $15.30.

Vipshop Price Performance

Shares of NYSE:VIPS traded down $0.30 during midday trading on Wednesday, reaching $14.22. The company's stock had a trading volume of 1,785,709 shares, compared to its average volume of 3,883,219. The company has a market capitalization of $7.30 billion, a P/E ratio of 6.81, a P/E/G ratio of 1.52 and a beta of 0.60. The business's fifty day simple moving average is $14.76 and its 200-day simple moving average is $14.27. Vipshop has a fifty-two week low of $11.50 and a fifty-two week high of $17.94.

Vipshop (NYSE:VIPS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The technology company reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by ($0.05). The company had revenue of $4.55 billion during the quarter, compared to analyst estimates of $3.82 billion. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. On average, analysts forecast that Vipshop will post 1.95 earnings per share for the current fiscal year.

Vipshop Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were issued a dividend of $0.43 per share. This represents a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, April 11th. Vipshop's dividend payout ratio (DPR) is presently 24.24%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of VIPS. Wayfinding Financial LLC bought a new stake in shares of Vipshop during the first quarter worth approximately $35,000. Sound Income Strategies LLC bought a new stake in Vipshop during the 1st quarter worth $62,000. Blue Trust Inc. increased its stake in shares of Vipshop by 17.5% in the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company's stock valued at $134,000 after buying an additional 1,487 shares during the period. AM Investment Strategies LLC bought a new position in Vipshop during the 1st quarter worth approximately $157,000. Finally, Jump Financial LLC bought a new stake in Vipshop during the fourth quarter valued at $161,000. 48.82% of the stock is currently owned by institutional investors.

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.