Vipshop Target of Unusually Large Options Trading (NYSE:VIPS)

Vipshop Holdings Limited (NYSE:VIPS - Get Free Report) was the target of some unusual options trading activity on Wednesday. Stock traders bought 6,624 put options on the stock. This is an increase of 379% compared to the average volume of 1,384 put options.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Benchmark restated a "hold" rating on shares of Vipshop in a research report on Wednesday, November 20th. Barclays upped their target price on Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a research note on Tuesday. StockNews.com raised Vipshop from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Finally, Citigroup dropped their price objective on shares of Vipshop from $18.00 to $17.00 and set a "buy" rating on the stock in a research note on Wednesday, November 20th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $15.75.

Hedge Funds Weigh In On Vipshop

Several hedge funds and other institutional investors have recently made changes to their positions in VIPS. First Beijing Investment Ltd purchased a new stake in shares of Vipshop during the third quarter worth $120,182,000. Norges Bank purchased a new position in Vipshop in the 4th quarter worth approximately $64,115,000. Polaris Capital Management LLC acquired a new position in shares of Vipshop during the 4th quarter worth approximately $63,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Vipshop by 179.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,984,082 shares of the technology company's stock valued at $62,670,000 after purchasing an additional 2,558,896 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Vipshop by 28.4% in the fourth quarter. Invesco Ltd. now owns 7,759,150 shares of the technology company's stock valued at $104,516,000 after purchasing an additional 1,718,159 shares during the last quarter. Hedge funds and other institutional investors own 48.82% of the company's stock.

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Vipshop Trading Down 2.5 %

VIPS traded down $0.40 during trading on Friday, hitting $15.68. The company's stock had a trading volume of 7,262,760 shares, compared to its average volume of 3,872,343. The firm has a market capitalization of $8.05 billion, a price-to-earnings ratio of 7.50, a P/E/G ratio of 1.52 and a beta of 0.30. Vipshop has a twelve month low of $11.50 and a twelve month high of $20.00. The business's fifty day simple moving average is $14.18 and its 200 day simple moving average is $14.04.

Vipshop (NYSE:VIPS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The technology company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.05). The company had revenue of $4.55 billion during the quarter, compared to analysts' expectations of $3.82 billion. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. As a group, equities research analysts forecast that Vipshop will post 1.95 earnings per share for the current fiscal year.

Vipshop Announces Dividend

The company also recently disclosed an annual dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be issued a $0.43 dividend. This represents a yield of 2.9%. The ex-dividend date is Friday, April 11th. Vipshop's payout ratio is 24.24%.

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.