Vipshop Holdings Limited (NYSE:VIPS) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Vipshop Holdings Limited (NYSE:VIPS) has earned an average recommendation of “Moderate Buy” from the nine analysts that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $20.4833.

VIPS has been the topic of a number of research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vipshop in a research note on Friday, March 27th. Zacks Research raised shares of Vipshop from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 20th. Nomura raised shares of Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 target price on the stock in a research note on Friday, February 27th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Vipshop in a research note on Thursday, February 26th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Vipshop from $22.00 to $21.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 31st.

Hedge Funds Weigh In On Vipshop

Several hedge funds and other institutional investors have recently bought and sold shares of the company. State of Wyoming lifted its holdings in Vipshop by 10,007.7% in the first quarter. State of Wyoming now owns 6,570 shares of the technology company’s stock valued at $103,000 after buying an additional 6,505 shares during the period. First Trust Advisors LP increased its stake in Vipshop by 48.3% in the first quarter. First Trust Advisors LP now owns 27,963 shares of the technology company’s stock valued at $440,000 after purchasing an additional 9,106 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Vipshop by 12.6% in the first quarter. PNC Financial Services Group Inc. now owns 11,366 shares of the technology company’s stock valued at $179,000 after purchasing an additional 1,272 shares in the last quarter. KBC Group NV increased its stake in Vipshop by 281.0% in the first quarter. KBC Group NV now owns 535,669 shares of the technology company’s stock valued at $8,421,000 after purchasing an additional 395,088 shares in the last quarter. Finally, SEB Asset Management AB bought a new stake in Vipshop in the first quarter valued at $2,862,000. Institutional investors and hedge funds own 48.82% of the company’s stock.

Vipshop Stock Performance

NYSE VIPS opened at $15.00 on Thursday. The firm’s fifty day moving average price is $15.26 and its two-hundred day moving average price is $17.32. The stock has a market cap of $7.18 billion, a PE ratio of 7.54, a PEG ratio of 1.20 and a beta of 0.67. Vipshop has a fifty-two week low of $13.35 and a fifty-two week high of $21.08.

Vipshop Increases Dividend

The firm also recently declared an annual dividend, which was paid on Friday, April 24th. Stockholders of record on Friday, April 10th were issued a dividend of $0.62 per share. This represents a dividend yield of 411.0%. This is a boost from Vipshop’s previous annual dividend of $0.43. The ex-dividend date was Friday, April 10th. Vipshop’s dividend payout ratio (DPR) is presently 30.15%.

About Vipshop

Vipshop Holdings Limited (NYSE:VIPS) is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.