Vipshop Holdings Limited (NYSE:VIPS) Receives Consensus Rating of "Hold" from Analysts

Vipshop Holdings Limited (NYSE:VIPS - Get Free Report) has been assigned a consensus rating of "Hold" from the six brokerages that are covering the company, Marketbeat.com 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 price objective among analysts that have updated their coverage on the stock in the last year is $15.30.

Several equities research analysts have recently commented on VIPS shares. Citigroup lowered shares of Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price target for the company. in a report on Tuesday, April 1st. StockNews.com raised shares of Vipshop from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Finally, Barclays lifted their price target on shares of Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th.

Vipshop Price Performance

Shares of NYSE:VIPS traded down $0.04 on Friday, hitting $13.58. 144,137 shares of the company's stock were exchanged, compared to its average volume of 3,889,714. The stock has a market capitalization of $6.97 billion, a price-to-earnings ratio of 6.50, a price-to-earnings-growth ratio of 1.52 and a beta of 0.53. Vipshop has a 12 month low of $11.50 and a 12 month high of $17.94. The business's 50 day simple moving average is $14.86 and its two-hundred day simple moving average is $14.31.

Vipshop (NYSE:VIPS - Get Free Report) last announced its quarterly 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). The firm had revenue of $4.55 billion during the quarter, compared to analysts' expectations of $3.82 billion. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. Equities analysts forecast that Vipshop will post 1.95 EPS for the current fiscal year.

Vipshop Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 11th were given a dividend of $0.43 per share. This represents a yield of 2.9%. The ex-dividend date was Friday, April 11th. Vipshop's dividend payout ratio is currently 24.24%.

Hedge Funds Weigh In On Vipshop

Several large investors have recently made changes to their positions in VIPS. Wayfinding Financial LLC acquired a new stake in shares of Vipshop during the 1st quarter valued at about $35,000. Sound Income Strategies LLC purchased a new stake in shares of Vipshop in the first quarter valued at approximately $62,000. Blue Trust Inc. raised its stake in shares of Vipshop by 17.5% during the 4th quarter. Blue Trust Inc. now owns 9,972 shares of the technology company's stock worth $134,000 after buying an additional 1,487 shares during the period. Jump Financial LLC purchased a new position in shares of Vipshop during the 4th quarter valued at approximately $161,000. Finally, Atomi Financial Group Inc. grew its stake in Vipshop by 10.8% in the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company's stock valued at $165,000 after acquiring an additional 1,191 shares during the period. 48.82% of the stock is currently owned by institutional investors and hedge funds.

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.