CANADA LIFE ASSURANCE Co lifted its stake in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 16.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 914,058 shares of the technology company's stock after buying an additional 130,737 shares during the quarter. CANADA LIFE ASSURANCE Co owned 0.18% of Vipshop worth $12,296,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Blue Trust Inc. lifted its position in shares of Vipshop by 17.5% during the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company's stock worth $134,000 after purchasing an additional 1,487 shares in the last quarter. Jump Financial LLC acquired a new position in Vipshop in the 4th quarter worth $161,000. Atomi Financial Group Inc. boosted its position in Vipshop by 10.8% in the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company's stock valued at $165,000 after buying an additional 1,191 shares during the last quarter. Vontobel Holding Ltd. acquired a new stake in shares of Vipshop during the fourth quarter valued at about $165,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Vipshop during the fourth quarter worth about $175,000. 48.82% of the stock is owned by institutional investors and hedge funds.
Vipshop Price Performance
Vipshop stock opened at $12.29 on Tuesday. Vipshop Holdings Limited has a 12 month low of $11.50 and a 12 month high of $17.94. The company has a fifty day moving average price of $15.09 and a two-hundred day moving average price of $14.44. The company has a market cap of $6.31 billion, a PE ratio of 5.88, a P/E/G ratio of 1.52 and a beta of 0.53.
Vipshop (NYSE:VIPS - Get Free Report) last posted its 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 for the quarter, compared to the consensus estimate of $3.82 billion. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. Equities research analysts anticipate that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.
Vipshop Announces Dividend
The company also recently declared an annual dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be issued 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 (DPR) is 24.24%.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on VIPS. StockNews.com upgraded Vipshop from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Barclays raised their price target 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. Finally, Citigroup downgraded 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. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Vipshop has a consensus rating of "Hold" and a consensus price target of $15.30.
Check Out Our Latest Stock Analysis on Vipshop
Vipshop Company Profile
(
Free Report)
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.
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