Mitsubishi UFJ Trust & Banking Corp Sells 21,307 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Mitsubishi UFJ Trust & Banking Corp reduced its stake in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 934,955 shares of the technology company's stock after selling 21,307 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.18% of Vipshop worth $12,594,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Blue Trust Inc. lifted its stake in Vipshop by 17.5% during the 4th quarter. Blue Trust Inc. now owns 9,972 shares of the technology company's stock valued at $134,000 after acquiring an additional 1,487 shares during the period. Polymer Capital Management HK LTD purchased a new stake in Vipshop in the third quarter worth approximately $175,000. Atomi Financial Group Inc. grew its position in Vipshop by 10.8% in the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company's stock worth $165,000 after purchasing an additional 1,191 shares during the period. Vontobel Holding Ltd. bought a new position in shares of Vipshop during the 4th quarter valued at $165,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Vipshop in the 4th quarter worth $175,000. Institutional investors own 48.82% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Citigroup cut Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 target price on the stock. in a research report on Tuesday. StockNews.com raised Vipshop from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Finally, 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. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Vipshop presently has an average rating of "Hold" and a consensus price target of $15.30.

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Vipshop Trading Down 2.3 %

VIPS traded down $0.37 during trading on Tuesday, hitting $15.31. 2,098,322 shares of the company traded hands, compared to its average volume of 3,654,771. The company has a market cap of $7.86 billion, a PE ratio of 7.33, a P/E/G ratio of 1.52 and a beta of 0.30. The stock's 50-day simple moving average is $15.55 and its two-hundred day simple moving average is $14.61. Vipshop Holdings Limited has a 1 year low of $11.50 and a 1 year high of $17.94.

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

Vipshop Announces Dividend

The firm 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 is 24.24%.

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.