LSV Asset Management lessened its stake in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 2.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,896,713 shares of the technology company's stock after selling 129,500 shares during the quarter. LSV Asset Management owned approximately 0.95% of Vipshop worth $65,959,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of VIPS. Norges Bank bought a new stake in Vipshop in the fourth quarter valued at approximately $64,115,000. Polaris Capital Management LLC bought a new position in Vipshop in the 4th quarter valued at $63,095,000. Invesco Ltd. raised its holdings in shares of Vipshop by 28.4% in the 4th quarter. Invesco Ltd. now owns 7,759,150 shares of the technology company's stock worth $104,516,000 after purchasing an additional 1,718,159 shares during the period. JPMorgan Chase & Co. raised its stake in Vipshop by 53.8% in the 4th quarter. JPMorgan Chase & Co. now owns 2,597,664 shares of the technology company's stock valued at $34,991,000 after acquiring an additional 908,669 shares during the period. Finally, National Bank of Canada FI raised its holdings in Vipshop by 3,647.0% during the 3rd quarter. National Bank of Canada FI now owns 389,799 shares of the technology company's stock valued at $6,132,000 after acquiring an additional 379,396 shares during the period. Institutional investors and hedge funds own 48.82% of the company's stock.
Vipshop Stock Down 1.8 %
Vipshop stock traded down $0.22 during trading on Wednesday, reaching $12.35. The stock had a trading volume of 1,261,515 shares, compared to its average volume of 3,910,299. The stock has a market cap of $6.34 billion, a PE ratio of 5.91, a P/E/G ratio of 1.52 and a beta of 0.53. The business has a 50 day moving average price of $15.30 and a 200 day moving average price of $14.58. Vipshop Holdings Limited has a 52-week low of $11.50 and a 52-week high of $17.94.
Vipshop (NYSE:VIPS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.05). Vipshop had a net margin of 7.50% and a return on equity of 20.89%. The firm had revenue of $4.55 billion during the quarter, compared to analyst estimates of $3.82 billion. On average, equities analysts predict that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal year.
Vipshop Announces Dividend
The business also recently announced an annual dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Friday, April 11th. This represents a yield of 2.9%. Vipshop's payout ratio is 24.24%.
Analyst Ratings Changes
Several equities research analysts have issued reports on the stock. Barclays lifted their target price 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. StockNews.com raised shares of Vipshop from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Finally, Citigroup downgraded Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 target price on the stock. in a report on Tuesday, April 1st. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, Vipshop presently has a consensus rating of "Hold" and a consensus price target of $15.30.
Get Our Latest Stock Report on Vipshop
About Vipshop
(
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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