Vipshop Holdings Limited (NYSE:VIPS) Shares Bought by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG grew its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 29.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 77,133 shares of the technology company's stock after purchasing an additional 17,587 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Vipshop were worth $1,039,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of VIPS. Norges Bank purchased a new stake in Vipshop during the fourth quarter worth about $64,115,000. Polaris Capital Management LLC acquired a new stake in shares of Vipshop during the 4th quarter valued at approximately $63,095,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Vipshop during the 3rd quarter worth approximately $14,938,000. JPMorgan Chase & Co. grew its holdings in shares of Vipshop by 53.8% in the 4th quarter. JPMorgan Chase & Co. now owns 2,597,664 shares of the technology company's stock worth $34,991,000 after acquiring an additional 908,669 shares during the period. Finally, Janus Henderson Group PLC purchased a new position in Vipshop in the 3rd quarter valued at approximately $6,331,000. 48.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on VIPS. StockNews.com raised Vipshop from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Citigroup cut shares of Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price objective on the stock. in a research note on Tuesday, April 1st. Finally, Barclays lifted their target price on shares of Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 25th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $15.30.

Remove Ads

Vipshop Stock Down 2.4 %

Shares of VIPS traded down $0.33 during trading hours on Tuesday, reaching $13.08. 2,530,169 shares of the company traded hands, compared to its average volume of 3,681,729. The stock has a fifty day simple moving average of $15.58 and a 200 day simple moving average of $14.67. Vipshop Holdings Limited has a fifty-two week low of $11.50 and a fifty-two week high of $17.94. The stock has a market capitalization of $6.72 billion, a PE ratio of 6.26, a price-to-earnings-growth ratio of 1.52 and a beta of 0.53.

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 analysts' consensus estimates of $0.70 by ($0.05). The firm had revenue of $4.55 billion for 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%. Research analysts predict that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal year.

Vipshop Announces Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be paid a dividend of $0.43 per share. This represents a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, April 11th. Vipshop's dividend payout ratio is presently 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.