Centiva Capital LP Makes New $414,000 Investment in Vipshop Holdings Limited (NYSE:VIPS)

Centiva Capital LP purchased a new stake in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 30,767 shares of the technology company's stock, valued at approximately $414,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VIPS. Blue Trust Inc. increased its holdings in Vipshop by 17.5% during the 4th quarter. Blue Trust Inc. now owns 9,972 shares of the technology company's stock worth $134,000 after purchasing an additional 1,487 shares during the period. Jump Financial LLC purchased a new position in Vipshop during the 4th quarter worth $161,000. Atomi Financial Group Inc. increased its holdings in Vipshop by 10.8% during the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company's stock worth $165,000 after purchasing an additional 1,191 shares during the period. Vontobel Holding Ltd. purchased a new position in Vipshop during the 4th quarter worth $165,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Vipshop during the 4th quarter worth $175,000. 48.82% of the stock is owned by institutional investors.

Vipshop Price Performance

VIPS traded up $0.58 on Friday, reaching $15.08. 5,714,895 shares of the stock were exchanged, compared to its average volume of 3,907,875. The company's 50-day moving average price is $14.49 and its 200 day moving average price is $14.29. Vipshop Holdings Limited has a fifty-two week low of $11.50 and a fifty-two week high of $17.94. The firm has a market capitalization of $7.74 billion, a PE ratio of 7.22, a PEG ratio of 1.52 and a beta of 0.60.

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

Vipshop Dividend Announcement

The business also recently announced an annual dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were paid a $0.43 dividend. The ex-dividend date was Friday, April 11th. This represents a dividend yield of 2.9%. Vipshop's payout ratio is 24.24%.

Analyst Upgrades and Downgrades

VIPS has been the topic of several research reports. Barclays raised their price objective on Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. 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. Finally, StockNews.com upgraded Vipshop from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target 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.