Vipshop (NYSE:VIPS) Shares Gap Down – What’s Next?

Vipshop Holdings Limited (NYSE:VIPS) shares gapped down prior to trading on Friday . The stock had previously closed at $15.55, but opened at $15.11. Vipshop shares last traded at $15.1410, with a volume of 73,078 shares traded.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Nomura upgraded shares of Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 price target on the stock in a research report on Friday, February 27th. Jefferies Financial Group reiterated a “buy” rating on shares of Vipshop in a research report on Thursday, February 26th. Wall Street Zen downgraded shares of Vipshop from a “buy” rating to a “hold” rating in a research report on Sunday, January 4th. Zacks Research upgraded shares of Vipshop from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Vipshop in a research report on Friday, March 27th. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Vipshop has a consensus rating of “Moderate Buy” and a consensus target price of $20.48.

Vipshop Stock Performance

The stock has a market capitalization of $7.73 billion, a P/E ratio of 7.57, a P/E/G ratio of 1.24 and a beta of 0.76. The company’s 50-day moving average price is $16.42 and its 200 day moving average price is $18.01.

Vipshop Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, April 24th. Stockholders of record on Friday, April 10th will be given a dividend of $0.62 per share. This represents a dividend yield of 411.0%. The ex-dividend date is Friday, April 10th. This is a positive change from Vipshop’s previous annual dividend of $0.43. Vipshop’s payout ratio is 24.12%.

Institutional Trading of Vipshop

Several institutional investors and hedge funds have recently modified their holdings of the company. Mariner LLC raised its position in shares of Vipshop by 3.2% during the 3rd quarter. Mariner LLC now owns 18,308 shares of the technology company’s stock valued at $360,000 after purchasing an additional 561 shares during the period. D Orazio & Associates Inc. grew its stake in Vipshop by 4.3% during the third quarter. D Orazio & Associates Inc. now owns 15,119 shares of the technology company’s stock valued at $297,000 after acquiring an additional 618 shares in the last quarter. Lester Murray Antman dba SimplyRich grew its stake in Vipshop by 0.5% during the third quarter. Lester Murray Antman dba SimplyRich now owns 146,753 shares of the technology company’s stock valued at $2,882,000 after acquiring an additional 685 shares in the last quarter. Arax Advisory Partners grew its stake in Vipshop by 96.8% during the fourth quarter. Arax Advisory Partners now owns 1,407 shares of the technology company’s stock valued at $25,000 after acquiring an additional 692 shares in the last quarter. Finally, Exchange Traded Concepts LLC grew its stake in Vipshop by 0.6% during the third quarter. Exchange Traded Concepts LLC now owns 121,975 shares of the technology company’s stock valued at $2,396,000 after acquiring an additional 693 shares in the last quarter. 48.82% of the stock is currently owned by institutional investors.

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.