Swiss National Bank Lowers Stock Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Swiss National Bank lessened its stake in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 8.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 773,836 shares of the technology company's stock after selling 69,626 shares during the quarter. Swiss National Bank owned approximately 0.15% of Vipshop worth $10,424,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VIPS. Atomi Financial Group Inc. boosted its stake in shares of Vipshop by 10.8% in the fourth quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company's stock worth $165,000 after acquiring an additional 1,191 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in Vipshop by 5.7% during the 4th quarter. Daiwa Securities Group Inc. now owns 25,900 shares of the technology company's stock worth $349,000 after purchasing an additional 1,400 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Vipshop by 17.5% during the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company's stock worth $134,000 after buying an additional 1,487 shares in the last quarter. Lester Murray Antman dba SimplyRich raised its position in shares of Vipshop by 1.0% in the fourth quarter. Lester Murray Antman dba SimplyRich now owns 151,159 shares of the technology company's stock valued at $2,036,000 after buying an additional 1,526 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd lifted its stake in shares of Vipshop by 0.7% in the third quarter. Harvest Fund Management Co. Ltd now owns 298,200 shares of the technology company's stock worth $4,691,000 after buying an additional 2,055 shares in the last quarter. Hedge funds and other institutional investors own 48.82% of the company's stock.

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Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. StockNews.com raised shares of Vipshop from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Barclays increased their price target on Vipshop from $19.00 to $20.00 and gave the company an "overweight" rating in a report on Tuesday, February 25th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Vipshop has a consensus rating of "Hold" and a consensus target price of $15.75.

Vipshop Price Performance

Shares of VIPS stock traded up $0.14 during trading on Monday, hitting $16.43. 2,005,202 shares of the stock traded hands, compared to its average volume of 3,753,257. Vipshop Holdings Limited has a 52-week low of $11.50 and a 52-week high of $17.94. The firm has a market capitalization of $8.43 billion, a P/E ratio of 7.86, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30. The firm's fifty day moving average price is $15.19 and its 200-day moving average price is $14.46.

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 business had revenue of $4.55 billion during the quarter, compared to analysts' expectations of $3.82 billion. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. As a group, equities research analysts expect that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.

Vipshop Announces Dividend

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

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.