Marathon Asset Management Ltd Trims Position in Vipshop Holdings Limited (NYSE:VIPS)

Marathon Asset Management Ltd cut its stake in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,343,904 shares of the technology company's stock after selling 47,018 shares during the period. Vipshop makes up 1.6% of Marathon Asset Management Ltd's holdings, making the stock its 19th biggest holding. Marathon Asset Management Ltd owned approximately 0.85% of Vipshop worth $58,512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. First Beijing Investment Ltd acquired a new position in Vipshop during the 3rd quarter worth about $120,182,000. Polaris Capital Management LLC acquired a new stake in shares of Vipshop during the fourth quarter worth about $63,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Vipshop by 179.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,984,082 shares of the technology company's stock valued at $62,670,000 after purchasing an additional 2,558,896 shares during the period. Public Employees Retirement System of Ohio purchased a new position in shares of Vipshop in the third quarter valued at approximately $14,938,000. Finally, Hhlr Advisors LTD. grew its holdings in shares of Vipshop by 6.2% in the third quarter. Hhlr Advisors LTD. now owns 15,720,322 shares of the technology company's stock valued at $247,281,000 after purchasing an additional 914,322 shares in the last quarter. 48.82% of the stock is owned by hedge funds and other institutional investors.

Vipshop Stock Down 2.9 %

Vipshop stock traded down $0.45 during midday trading on Monday, reaching $15.27. The company's stock had a trading volume of 4,777,393 shares, compared to its average volume of 3,894,970. The business has a 50-day simple moving average of $14.18 and a 200-day simple moving average of $14.04. The company has a market cap of $7.84 billion, a P/E ratio of 7.31, a P/E/G ratio of 1.52 and a beta of 0.30. Vipshop Holdings Limited has a fifty-two week low of $11.50 and a fifty-two week high of $19.40.

Vipshop (NYSE:VIPS - Get Free Report) last issued its earnings results 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 business had revenue of $4.55 billion for the quarter, compared to analyst estimates of $3.82 billion. As a group, equities analysts forecast that Vipshop Holdings Limited will post 1.95 earnings per share 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 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 payout ratio is 24.24%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on VIPS shares. Barclays increased their target price on shares of Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. Citigroup decreased their target price on Vipshop from $18.00 to $17.00 and set a "buy" rating for the company in a report on Wednesday, November 20th. Benchmark restated a "hold" rating on shares of Vipshop in a report on Wednesday, November 20th. Finally, StockNews.com upgraded Vipshop from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $15.75.

Vipshop Company 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.