Barclays Issues Positive Forecast for Vipshop (NYSE:VIPS) Stock Price

Vipshop (NYSE:VIPS) had its target price lifted by Barclays from $19.00 to $20.00 in a research report sent to investors on Tuesday morning,Benzinga reports. Barclays currently has an overweight rating on the technology company’s stock.

Several other equities research analysts also recently commented on the stock. Benchmark reiterated a “hold” rating on shares of Vipshop in a research report on Wednesday, November 20th. Citigroup dropped their price target on shares of Vipshop from $18.00 to $17.00 and set a “buy” rating for the company in a research note on Wednesday, November 20th. Finally, StockNews.com raised shares of Vipshop from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $17.64.

Vipshop Stock Performance

Shares of NYSE:VIPS opened at $15.18 on Tuesday. Vipshop has a 52-week low of $11.50 and a 52-week high of $20.19. The company has a market capitalization of $7.79 billion, a PE ratio of 7.26, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30. The company has a fifty day moving average of $14.03 and a 200-day moving average of $14.00.

Vipshop (NYSE:VIPS) last issued its 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). Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The firm had revenue of $4.55 billion during the quarter, compared to analyst estimates of $3.82 billion. On average, equities analysts forecast that Vipshop will post 1.95 EPS for the current fiscal year.

Vipshop Dividend Announcement

The company also recently disclosed an annual dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be paid a $0.43 dividend. This represents a dividend yield of 2.9%. The ex-dividend date is Friday, April 11th. Vipshop’s dividend payout ratio is currently 20.71%.

Institutional Investors Weigh In On Vipshop

Large investors have recently modified their holdings of the company. GF Fund Management CO. LTD. bought a new stake in Vipshop during the fourth quarter valued at $7,094,000. Vise Technologies Inc. lifted its stake in shares of Vipshop by 60.5% in the 4th quarter. Vise Technologies Inc. now owns 40,006 shares of the technology company’s stock valued at $539,000 after purchasing an additional 15,081 shares during the period. Vident Advisory LLC boosted its position in shares of Vipshop by 67.8% during the 4th quarter. Vident Advisory LLC now owns 32,426 shares of the technology company’s stock valued at $437,000 after purchasing an additional 13,106 shares in the last quarter. Two Sigma Advisers LP grew its stake in Vipshop by 36.8% during the fourth quarter. Two Sigma Advisers LP now owns 148,200 shares of the technology company’s stock worth $1,996,000 after purchasing an additional 39,900 shares during the period. Finally, Two Sigma Investments LP increased its holdings in Vipshop by 290.8% in the fourth quarter. Two Sigma Investments LP now owns 203,600 shares of the technology company’s stock worth $2,742,000 after purchasing an additional 151,500 shares in the last quarter. 48.82% of the stock is currently owned by institutional investors and hedge funds.

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.