Hosking Partners LLP reduced its stake in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 7.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 599,111 shares of the technology company's stock after selling 50,350 shares during the quarter. Hosking Partners LLP owned 0.12% of Vipshop worth $8,070,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of VIPS. Todd Asset Management LLC raised its position in shares of Vipshop by 19.0% during the fourth quarter. Todd Asset Management LLC now owns 2,110,710 shares of the technology company's stock valued at $28,431,000 after buying an additional 337,009 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in Vipshop during the fourth quarter valued at about $210,000. Nan Fung Trinity HK Ltd. acquired a new position in Vipshop in the 4th quarter valued at approximately $5,026,000. Handelsbanken Fonder AB lifted its position in shares of Vipshop by 6.0% in the 4th quarter. Handelsbanken Fonder AB now owns 234,148 shares of the technology company's stock worth $3,154,000 after acquiring an additional 13,355 shares during the period. Finally, New York State Common Retirement Fund grew its holdings in shares of Vipshop by 9.2% during the 4th quarter. New York State Common Retirement Fund now owns 1,012,134 shares of the technology company's stock worth $13,633,000 after purchasing an additional 85,034 shares in the last quarter. 48.82% of the stock is owned by institutional investors.
Vipshop Price Performance
Shares of VIPS traded up $0.70 during trading hours on Tuesday, hitting $15.96. The stock had a trading volume of 3,817,671 shares, compared to its average volume of 3,869,831. Vipshop Holdings Limited has a 52 week low of $11.50 and a 52 week high of $18.75. The stock has a market capitalization of $8.19 billion, a price-to-earnings ratio of 7.63, a P/E/G ratio of 1.52 and a beta of 0.30. The company's fifty day moving average is $14.21 and its two-hundred day moving average is $14.05.
Vipshop (NYSE:VIPS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.05). Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The firm had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $3.82 billion. Equities analysts predict that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal year.
Vipshop Announces Dividend
The firm also recently disclosed an annual dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be given a $0.43 dividend. The ex-dividend date of this dividend is Friday, April 11th. This represents a yield of 2.9%. Vipshop's payout ratio is 24.24%.
Analysts Set New Price Targets
Several research analysts recently commented on the company. Benchmark reaffirmed a "hold" rating on shares of Vipshop in a research report on Wednesday, November 20th. Barclays increased their price objective on shares of Vipshop from $19.00 to $20.00 and gave the company an "overweight" rating in a research note on Tuesday, February 25th. Citigroup decreased their target price on shares of Vipshop from $18.00 to $17.00 and set a "buy" rating on the stock in a research report on Wednesday, November 20th. Finally, StockNews.com raised shares of Vipshop from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $15.75.
View Our Latest Analysis on VIPS
Vipshop 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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