Stratos Wealth Partners LTD. Buys New Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Stratos Wealth Partners LTD. bought a new stake in Vipshop Holdings Limited (NYSE:VIPS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,306 shares of the technology company’s stock, valued at approximately $201,000.

A number of other large investors have also modified their holdings of VIPS. E Fund Management Hong Kong Co. Ltd. raised its stake in shares of Vipshop by 136.5% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 263,691 shares of the technology company’s stock valued at $2,136,000 after purchasing an additional 152,189 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Vipshop by 13.9% in the first quarter. American Century Companies Inc. now owns 183,326 shares of the technology company’s stock valued at $1,650,000 after purchasing an additional 22,392 shares in the last quarter. HighTower Advisors LLC acquired a new position in Vipshop during the first quarter worth $108,000. Great West Life Assurance Co. Can raised its stake in Vipshop by 3.3% during the first quarter. Great West Life Assurance Co. Can now owns 658,785 shares of the technology company’s stock worth $6,197,000 after acquiring an additional 21,100 shares in the last quarter. Finally, Yousif Capital Management LLC acquired a new position in Vipshop during the first quarter worth $146,000. 48.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VIPS has been the subject of several recent analyst reports. HSBC dropped their price objective on Vipshop from $22.90 to $19.00 and set a “hold” rating for the company in a research note on Thursday, March 28th. TheStreet upgraded Vipshop from a “c+” rating to a “b-” rating in a research note on Thursday, December 21st. StockNews.com lowered Vipshop from a “strong-buy” rating to a “buy” rating in a research note on Thursday, April 11th. Benchmark reiterated a “buy” rating and set a $29.00 price objective on shares of Vipshop in a research note on Thursday, February 29th. Finally, Citigroup increased their price objective on Vipshop from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, January 23rd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $21.13.

Vipshop Stock Performance

Shares of NYSE:VIPS opened at $15.72 on Wednesday. Vipshop Holdings Limited has a twelve month low of $13.80 and a twelve month high of $20.19. The firm has a market cap of $9.21 billion, a PE ratio of 7.74 and a beta of 0.41. The business has a fifty day moving average of $17.15 and a 200-day moving average of $16.29.

Vipshop (NYSE:VIPS) last announced its earnings results on Wednesday, February 28th. The technology company reported $5.79 earnings per share 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 analyst estimates of $33.18 billion. Vipshop had a return on equity of 23.19% and a net margin of 7.20%. 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. On average, analysts anticipate that Vipshop Holdings Limited will post 2.25 EPS for the current fiscal year.

Vipshop Announces Dividend

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