Vipshop (NYSE:VIPS) Shares Gap Down – Should You Sell?

Vipshop Holdings Limited (NYSE:VIPSGet Free Report)’s share price gapped down prior to trading on Friday . The stock had previously closed at $14.52, but opened at $13.64. Vipshop shares last traded at $14.4020, with a volume of 797,944 shares changing hands.

More Vipshop News

Here are the key news stories impacting Vipshop this week:

Analyst Upgrades and Downgrades

Several brokerages have issued reports on VIPS. JPMorgan Chase & Co. lowered their price target on shares of Vipshop from $22.00 to $21.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Vipshop in a report on Friday, March 27th. Jefferies Financial Group reissued a “buy” rating on shares of Vipshop in a report on Thursday, February 26th. Benchmark reissued a “hold” rating on shares of Vipshop in a report on Friday. Finally, Nomura raised shares of Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 price target on the stock in a report on Friday, February 27th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Vipshop presently has a consensus rating of “Moderate Buy” and an average price target of $20.48.

Get Our Latest Report on Vipshop

Vipshop Stock Performance

The firm has a market cap of $6.74 billion, a price-to-earnings ratio of 7.07, a P/E/G ratio of 1.17 and a beta of 0.67. The company’s 50-day moving average is $15.03 and its 200-day moving average is $17.15.

Vipshop Increases Dividend

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

Institutional Trading of Vipshop

A number of large investors have recently bought and sold shares of the business. Mariner LLC increased its stake in Vipshop by 3.2% during the 3rd quarter. Mariner LLC now owns 18,308 shares of the technology company’s stock worth $360,000 after purchasing an additional 561 shares in the last quarter. D Orazio & Associates Inc. boosted its position in Vipshop by 4.3% during the 3rd quarter. D Orazio & Associates Inc. now owns 15,119 shares of the technology company’s stock worth $297,000 after acquiring an additional 618 shares during the last quarter. Arax Advisory Partners boosted its holdings in shares of Vipshop by 96.8% in the 4th quarter. Arax Advisory Partners now owns 1,407 shares of the technology company’s stock valued at $25,000 after buying an additional 692 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Vipshop by 0.6% in the 3rd quarter. Quadrant Capital Group LLC now owns 126,881 shares of the technology company’s stock valued at $2,492,000 after buying an additional 787 shares during the last quarter. Finally, Loomis Sayles & Co. L P boosted its holdings in shares of Vipshop by 1.5% in the 4th quarter. Loomis Sayles & Co. L P now owns 63,826 shares of the technology company’s stock valued at $1,129,000 after buying an additional 949 shares during the last quarter. 48.82% of the stock is owned by institutional investors.

About Vipshop

(Get Free Report)

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.

Further Reading

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