Vipshop Holdings Limited (NYSE:VIPS) Shares Sold by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. decreased its position in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 42.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 323,200 shares of the technology company's stock after selling 236,500 shares during the period. Royal London Asset Management Ltd. owned 0.06% of Vipshop worth $4,354,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Polaris Capital Management LLC acquired a new position in shares of Vipshop during the fourth quarter worth $63,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Vipshop by 179.5% during the 3rd 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 buying an additional 2,558,896 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Vipshop in the third quarter valued at about $14,938,000. Hhlr Advisors LTD. boosted its holdings in Vipshop by 6.2% in the third quarter. Hhlr Advisors LTD. now owns 15,720,322 shares of the technology company's stock worth $247,281,000 after acquiring an additional 914,322 shares in the last quarter. Finally, Janus Henderson Group PLC acquired a new stake in Vipshop in the third quarter worth about $6,331,000. 48.82% of the stock is currently owned by institutional investors and hedge funds.

Vipshop Price Performance

NYSE:VIPS traded down $0.39 during midday trading on Tuesday, hitting $16.03. The company's stock had a trading volume of 1,277,718 shares, compared to its average volume of 3,753,046. Vipshop Holdings Limited has a fifty-two week low of $11.50 and a fifty-two week high of $17.94. The firm's 50 day moving average is $15.27 and its 200-day moving average is $14.49. The firm has a market cap of $8.23 billion, a P/E ratio of 7.67, a P/E/G ratio of 1.52 and a beta of 0.30.

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Vipshop (NYSE:VIPS - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by ($0.05). The business had revenue of $4.55 billion during 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 forecast that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Vipshop Announces Dividend

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 paid a $0.43 dividend. The ex-dividend date is Friday, April 11th. This represents a dividend yield of 2.9%. Vipshop's payout ratio is 24.24%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. StockNews.com raised shares of Vipshop from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Barclays raised their price target 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 three have issued a buy rating to the company. According to data from MarketBeat, Vipshop presently has an average rating of "Hold" and an average price target of $15.75.

About Vipshop

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.