Capital Fund Management S.A. trimmed its stake in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 20.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,618 shares of the technology company's stock after selling 31,356 shares during the period. Capital Fund Management S.A.'s holdings in Vipshop were worth $1,652,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. Caas Capital Management LP purchased a new position in Vipshop during the 4th quarter valued at approximately $1,327,000. Vanguard Group Inc. raised its position in shares of Vipshop by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 13,961,402 shares of the technology company's stock valued at $188,060,000 after buying an additional 79,254 shares in the last quarter. JPMorgan Chase & Co. lifted 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 valued at $34,991,000 after acquiring an additional 908,669 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Vipshop by 16.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,035,334 shares of the technology company's stock worth $27,416,000 after acquiring an additional 286,604 shares during the last quarter. Finally, Polymer Capital Management HK LTD raised its position in Vipshop by 2,302.0% during the fourth quarter. Polymer Capital Management HK LTD now owns 267,300 shares of the technology company's stock valued at $3,601,000 after purchasing an additional 256,172 shares during the period. Institutional investors own 48.82% of the company's stock.
Analysts Set New Price Targets
Several research firms recently weighed in on VIPS. Citigroup lowered Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price target on the stock. in a report on Tuesday, April 1st. StockNews.com raised shares of Vipshop from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Finally, Barclays raised their price target on Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 25th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $15.30.
Read Our Latest Report on VIPS
Vipshop Stock Up 0.4 %
Shares of VIPS stock traded up $0.05 on Friday, hitting $12.44. The stock had a trading volume of 3,170,374 shares, compared to its average volume of 3,921,714. Vipshop Holdings Limited has a one year low of $11.50 and a one year high of $17.94. The business has a 50 day moving average price of $15.14 and a 200 day moving average price of $14.51. The company has a market cap of $6.38 billion, a PE ratio of 5.95, 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 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by ($0.05). Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The company had revenue of $4.55 billion for the quarter, compared to analysts' expectations of $3.82 billion. Equities research analysts expect that Vipshop Holdings Limited will post 1.95 EPS for the current year.
Vipshop Dividend Announcement
The firm also recently disclosed an annual dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be paid a $0.43 dividend. The ex-dividend date is Friday, April 11th. This represents a dividend yield of 2.9%. Vipshop's payout ratio is currently 24.24%.
About Vipshop
(
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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