LSV Asset Management Sells 129,500 Shares of Vipshop Holdings Limited (NYSE:VIPS)

LSV Asset Management lowered its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,896,713 shares of the technology company's stock after selling 129,500 shares during the quarter. LSV Asset Management owned approximately 0.95% of Vipshop worth $65,959,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Caas Capital Management LP purchased a new stake in Vipshop in the 4th quarter valued at about $1,327,000. Vanguard Group Inc. raised its holdings in shares of Vipshop by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 13,961,402 shares of the technology company's stock worth $188,060,000 after buying an additional 79,254 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in 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 buying an additional 908,669 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Vipshop by 16.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,035,334 shares of the technology company's stock valued at $27,416,000 after purchasing an additional 286,604 shares during the period. 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 worth $3,601,000 after acquiring an additional 256,172 shares during the period. 48.82% of the stock is currently owned by institutional investors.

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Vipshop Stock Up 1.3 %

NYSE:VIPS traded up $0.17 during midday trading on Tuesday, reaching $12.59. The stock had a trading volume of 4,116,809 shares, compared to its average volume of 3,903,750. The stock has a market cap of $6.46 billion, a P/E ratio of 6.02, a P/E/G ratio of 1.52 and a beta of 0.53. Vipshop Holdings Limited has a 12-month low of $11.50 and a 12-month high of $17.94. The firm has a fifty day simple moving average of $15.35 and a two-hundred day simple moving average of $14.59.

Vipshop (NYSE:VIPS - Get Free Report) last issued 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). Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The business had revenue of $4.55 billion during the quarter, compared to analyst estimates of $3.82 billion. On average, sell-side analysts anticipate that Vipshop Holdings Limited will post 1.95 earnings per share for the current fiscal year.

Vipshop Dividend Announcement

The business also recently announced an annual dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be given a dividend of $0.43 per share. This represents a dividend yield of 2.9%. The ex-dividend date is Friday, April 11th. Vipshop's dividend payout ratio (DPR) is presently 24.24%.

Wall Street Analyst Weigh In

VIPS has been the topic of several research reports. 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 note on Tuesday, February 25th. StockNews.com upgraded Vipshop from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Finally, Citigroup lowered shares of Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price objective for the company. in a report on Tuesday, April 1st. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Vipshop presently has an average rating of "Hold" and a consensus price target 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.