Vipshop Holdings Limited (NYSE:VIPS) Stock Holdings Trimmed by Krane Funds Advisors LLC

Krane Funds Advisors LLC lessened its holdings in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,690,790 shares of the technology company's stock after selling 228,539 shares during the quarter. Vipshop accounts for approximately 8.1% of Krane Funds Advisors LLC's holdings, making the stock its 9th largest holding. Krane Funds Advisors LLC owned 2.86% of Vipshop worth $197,885,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of VIPS. The Manufacturers Life Insurance Company raised its stake in Vipshop by 4.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 76,431 shares of the technology company's stock worth $1,202,000 after acquiring an additional 3,062 shares during the last quarter. FMR LLC raised its stake in shares of Vipshop by 8.5% in the third quarter. FMR LLC now owns 2,071,160 shares of the technology company's stock worth $32,579,000 after purchasing an additional 162,027 shares during the last quarter. Janus Henderson Group PLC acquired a new stake in shares of Vipshop during the third quarter worth about $6,331,000. Quantinno Capital Management LP boosted its position in Vipshop by 16.9% in the third quarter. Quantinno Capital Management LP now owns 15,811 shares of the technology company's stock valued at $249,000 after buying an additional 2,284 shares during the last quarter. Finally, National Bank of Canada FI increased its holdings in Vipshop by 3,647.0% in the 3rd quarter. National Bank of Canada FI now owns 389,799 shares of the technology company's stock worth $6,132,000 after buying an additional 379,396 shares during the period. Hedge funds and other institutional investors own 48.82% of the company's stock.

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Vipshop Stock Down 4.1 %

Shares of NYSE:VIPS traded down $0.54 during trading on Friday, reaching $12.60. 5,831,813 shares of the company's stock traded hands, compared to its average volume of 3,899,559. Vipshop Holdings Limited has a fifty-two week low of $11.50 and a fifty-two week high of $17.94. The company has a 50-day simple moving average of $15.39 and a 200-day simple moving average of $14.62. The firm has a market cap of $6.47 billion, a PE ratio of 6.03, a P/E/G ratio of 1.52 and a beta of 0.53.

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

Vipshop Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, April 11th. This represents a yield of 2.9%. Vipshop's dividend payout ratio (DPR) is currently 24.24%.

Wall Street Analyst Weigh In

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

Vipshop 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.