Vipshop Holdings Limited (NYSE:VIPS) Shares Acquired by Polymer Capital Management HK LTD

Polymer Capital Management HK LTD lifted its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 2,302.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 267,300 shares of the technology company's stock after purchasing an additional 256,172 shares during the quarter. Polymer Capital Management HK LTD owned about 0.05% of Vipshop worth $3,601,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Vipshop by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 13,961,402 shares of the technology company's stock valued at $188,060,000 after acquiring an additional 79,254 shares during the period. Robeco Institutional Asset Management B.V. increased its holdings in Vipshop by 1.3% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 11,107,555 shares of the technology company's stock valued at $149,619,000 after purchasing an additional 139,320 shares during the last quarter. Norges Bank purchased a new stake in Vipshop in the fourth quarter valued at approximately $64,115,000. Polaris Capital Management LLC acquired a new position in Vipshop during the fourth quarter worth $63,095,000. Finally, Geode Capital Management LLC boosted its position in shares of Vipshop by 9.7% during the fourth quarter. Geode Capital Management LLC now owns 3,571,808 shares of the technology company's stock worth $47,929,000 after buying an additional 315,064 shares during the period. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

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Vipshop Trading Down 1.1 %

NYSE:VIPS traded down $0.14 during mid-day trading on Friday, hitting $12.52. The stock had a trading volume of 2,819,956 shares, compared to its average volume of 3,883,853. Vipshop Holdings Limited has a twelve month low of $11.50 and a twelve month high of $17.94. The stock has a 50-day simple moving average of $15.44 and a two-hundred day simple moving average of $14.63. The company has a market capitalization of $6.43 billion, a PE ratio of 5.99, a PEG ratio of 1.52 and a beta of 0.53.

Vipshop (NYSE:VIPS - Get Free Report) last announced 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 firm had revenue of $4.55 billion during the quarter, compared to analyst estimates of $3.82 billion. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. Sell-side analysts predict that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal year.

Vipshop Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, April 11th. This represents a dividend yield of 2.9%. Vipshop's dividend payout ratio is currently 24.24%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on VIPS shares. Citigroup downgraded Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price objective on the stock. in a report on Tuesday, April 1st. StockNews.com upgraded shares of Vipshop from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Finally, Barclays increased their price target on shares of Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 25th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Vipshop has a consensus rating of "Hold" and an average target price of $15.30.

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.