Y Intercept Hong Kong Ltd bought a new stake in Vipshop Holdings Limited (NYSE:VIPS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,569 shares of the technology company's stock, valued at approximately $210,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Venturi Wealth Management LLC bought a new stake in Vipshop in the third quarter valued at about $56,000. Blue Trust Inc. increased its stake in Vipshop by 17.5% in the fourth 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. Atomi Financial Group Inc. increased its stake in Vipshop by 10.8% in the fourth quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company's stock valued at $165,000 after acquiring an additional 1,191 shares during the period. Vontobel Holding Ltd. bought a new stake in Vipshop in the fourth quarter valued at about $165,000. Finally, Polymer Capital Management HK LTD acquired a new position in Vipshop in the third quarter valued at about $175,000. Institutional investors own 48.82% of the company's stock.
Wall Street Analyst Weigh In
VIPS has been the topic of a number of recent analyst reports. Benchmark restated a "hold" rating on shares of Vipshop in a research report on Wednesday, November 20th. StockNews.com upgraded shares of Vipshop from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Citigroup reduced their price target on shares of Vipshop from $18.00 to $17.00 and set a "buy" rating on the stock in a research report on Wednesday, November 20th. Finally, Barclays boosted their price target on shares of Vipshop from $19.00 to $20.00 and gave the company an "overweight" rating in a research report on Tuesday, February 25th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Vipshop presently has an average rating of "Hold" and a consensus target price of $15.75.
View Our Latest Analysis on Vipshop
Vipshop Stock Performance
NYSE:VIPS traded up $0.23 during trading hours on Friday, hitting $17.14. The stock had a trading volume of 3,849,484 shares, compared to its average volume of 3,943,745. Vipshop Holdings Limited has a one year low of $11.50 and a one year high of $18.08. The company has a market cap of $8.80 billion, a price-to-earnings ratio of 8.20, a P/E/G ratio of 1.52 and a beta of 0.30. The business's 50 day moving average is $14.47 and its 200-day moving average is $14.15.
Vipshop (NYSE:VIPS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.05). Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The company had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $3.82 billion. On average, sell-side analysts anticipate that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal year.
Vipshop Announces Dividend
The business 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. 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
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Free Report)
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.
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