Vipshop Holdings Limited (NYSE:VIPS) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Vipshop Holdings Limited (NYSE:VIPS) have been assigned a consensus rating of “Moderate Buy” from the four analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $21.13.

VIPS has been the topic of a number of research analyst reports. Citigroup boosted their target price on Vipshop from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. Benchmark reaffirmed a “buy” rating and set a $29.00 price target on shares of Vipshop in a research note on Thursday, February 29th. HSBC lowered their price objective on shares of Vipshop from $22.90 to $19.00 and set a “hold” rating on the stock in a research note on Thursday, March 28th. Finally, StockNews.com upgraded shares of Vipshop from a “buy” rating to a “strong-buy” rating in a research report on Friday, April 19th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Vipshop in the fourth quarter valued at approximately $70,333,000. FIL Ltd grew its stake in Vipshop by 31.2% in the 4th quarter. FIL Ltd now owns 10,911,703 shares of the technology company’s stock worth $193,792,000 after acquiring an additional 2,593,670 shares during the period. Goldman Sachs Group Inc. raised its holdings in Vipshop by 28.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 10,394,122 shares of the technology company’s stock valued at $184,600,000 after acquiring an additional 2,273,198 shares during the last quarter. Ariose Capital Management Ltd purchased a new position in shares of Vipshop during the 4th quarter worth $35,498,000. Finally, Krane Funds Advisors LLC boosted its holdings in shares of Vipshop by 14.2% during the third quarter. Krane Funds Advisors LLC now owns 13,062,322 shares of the technology company’s stock worth $209,128,000 after purchasing an additional 1,622,703 shares during the last quarter. Institutional investors and hedge funds own 48.82% of the company’s stock.

Vipshop Stock Down 0.1 %

Shares of NYSE VIPS opened at $15.73 on Tuesday. The stock has a market capitalization of $9.22 billion, a price-to-earnings ratio of 7.75 and a beta of 0.41. Vipshop has a 52 week low of $13.80 and a 52 week high of $20.19. The firm has a 50-day moving average price of $16.94 and a 200 day moving average price of $16.27.

Vipshop (NYSE:VIPS) last issued its earnings results on Wednesday, February 28th. The technology company reported $5.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $5.15. The company had revenue of $34.67 billion during 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 quarterly revenue was up 9.2% compared to the same quarter last year. During the same period last year, the company posted $0.47 earnings per share. Equities research analysts expect that Vipshop will post 2.24 EPS for the current fiscal year.

Vipshop Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Monday, April 8th. Investors of record on Friday, March 15th were paid a dividend of $0.43 per share. This represents a dividend yield of 2.3%. The ex-dividend date of this dividend was Thursday, March 14th. Vipshop’s payout ratio is currently 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.