Vipshop Holdings Limited (NYSE:VIPS) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. trimmed its stake in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 46.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,036 shares of the technology company's stock after selling 34,090 shares during the quarter. Victory Capital Management Inc.'s holdings in Vipshop were worth $526,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VIPS. Charles Schwab Investment Management Inc. lifted its holdings in 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 in the last quarter. Metis Global Partners LLC lifted its stake in shares of Vipshop by 53.9% during the fourth quarter. Metis Global Partners LLC now owns 17,277 shares of the technology company's stock valued at $233,000 after buying an additional 6,050 shares during the period. Todd Asset Management LLC boosted its position in Vipshop by 19.0% during the fourth quarter. Todd Asset Management LLC now owns 2,110,710 shares of the technology company's stock worth $28,431,000 after acquiring an additional 337,009 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in Vipshop in the 4th quarter worth approximately $210,000. Finally, Nan Fung Trinity HK Ltd. acquired a new position in Vipshop in the 4th quarter valued at $5,026,000. Institutional investors and hedge funds own 48.82% of the company's stock.

Vipshop Trading Down 2.1 %

NYSE:VIPS traded down $0.34 on Tuesday, hitting $16.07. 1,940,811 shares of the stock were exchanged, compared to its average volume of 3,753,046. The stock has a fifty day moving average of $15.27 and a 200-day moving average of $14.49. The stock has a market cap of $8.25 billion, a PE ratio of 7.69, a PEG 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 $17.94.

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Vipshop (NYSE:VIPS - Get Free Report) last posted its 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 business had revenue of $4.55 billion for the quarter, compared to analyst estimates of $3.82 billion. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. As a group, analysts predict that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.

Vipshop Dividend Announcement

The firm also recently declared an annual dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be given 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 24.24%.

Analysts Set New Price Targets

Several equities analysts recently commented on VIPS shares. Barclays upped their target price on Vipshop from $19.00 to $20.00 and gave the company an "overweight" rating in a research note on Tuesday, February 25th. StockNews.com raised shares of 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 three have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average 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.