OMERS ADMINISTRATION Corp Has $469,000 Stock Position in Vipshop Holdings Limited (NYSE:VIPS)

OMERS ADMINISTRATION Corp cut its holdings in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 50.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,850 shares of the technology company's stock after selling 34,850 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in Vipshop were worth $469,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in VIPS. Lighthouse Investment Partners LLC acquired a new stake in shares of Vipshop in the fourth quarter worth about $1,990,000. Caas Capital Management LP bought a new position in shares of Vipshop in the 4th quarter valued at approximately $1,327,000. 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 in the last quarter. JPMorgan Chase & Co. lifted its holdings in Vipshop by 53.8% in the 4th quarter. JPMorgan Chase & Co. now owns 2,597,664 shares of the technology company's stock worth $34,991,000 after purchasing an additional 908,669 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Vipshop by 16.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,035,334 shares of the technology company's stock worth $27,416,000 after purchasing an additional 286,604 shares during the period. 48.82% of the stock is owned by institutional investors.

Analyst Ratings Changes

VIPS has been the topic of a number of recent analyst reports. Wall Street Zen lowered shares of Vipshop from a "buy" rating to a "hold" rating in a research report on Wednesday. Barclays lowered their target price on shares of Vipshop from $20.00 to $19.00 and set an "overweight" rating on the stock in a research note on Thursday. Finally, Citigroup lowered shares of Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 target price for the company. in a research report on Tuesday, April 1st. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $15.10.

Vipshop Stock Up 0.7%

NYSE VIPS traded up $0.10 during trading on Thursday, hitting $14.54. The company's stock had a trading volume of 3,164,459 shares, compared to its average volume of 3,908,441. Vipshop Holdings Limited has a 52 week low of $11.50 and a 52 week high of $17.94. The firm has a market cap of $7.46 billion, a P/E ratio of 6.96, a price-to-earnings-growth ratio of 1.52 and a beta of 0.60. The firm has a 50 day moving average price of $14.36 and a 200 day moving average price of $14.30.

Vipshop (NYSE:VIPS - Get Free Report) last announced its earnings results on Wednesday, February 26th. The technology company reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.70 by ($0.05). The company had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $3.82 billion. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. On average, equities analysts expect that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.

Vipshop Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were issued a dividend of $0.43 per share. The ex-dividend date was Friday, April 11th. This represents a dividend yield of 2.9%. Vipshop's payout ratio is 25.13%.

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.