Maple Brown Abbott Ltd Has $499,000 Stock Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Maple Brown Abbott Ltd trimmed its stake in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 68.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,082 shares of the technology company's stock after selling 61,572 shares during the period. Vipshop comprises about 0.1% of Maple Brown Abbott Ltd's investment portfolio, making the stock its 13th largest position. Maple Brown Abbott Ltd's holdings in Vipshop were worth $499,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the stock. BlackRock Inc. grew its position in Vipshop by 6.1% in the first quarter. BlackRock Inc. now owns 27,113,695 shares of the technology company's stock valued at $411,586,000 after acquiring an additional 1,547,139 shares during the period. Vanguard Group Inc. grew its holdings in shares of Vipshop by 1.0% during the first quarter. Vanguard Group Inc. now owns 16,345,728 shares of the technology company's stock worth $147,111,000 after purchasing an additional 163,532 shares during the last quarter. Krane Funds Advisors LLC grew its holdings in shares of Vipshop by 14.2% during the third quarter. Krane Funds Advisors LLC now owns 13,062,322 shares of the technology company's stock worth $209,128,000 after purchasing an additional 1,622,703 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Vipshop by 10.9% during the first quarter. Dimensional Fund Advisors LP now owns 10,927,203 shares of the technology company's stock worth $98,379,000 after purchasing an additional 1,069,930 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of Vipshop by 2.6% during the first quarter. State Street Corp now owns 9,673,583 shares of the technology company's stock worth $87,062,000 after purchasing an additional 241,500 shares during the last quarter. 48.82% of the stock is currently owned by institutional investors.

Vipshop Trading Down 2.5 %

Shares of VIPS traded down $0.39 during trading hours on Wednesday, hitting $15.33. 3,452,200 shares of the stock traded hands, compared to its average volume of 3,499,945. Vipshop Holdings Limited has a 1-year low of $13.80 and a 1-year high of $20.19. The business has a fifty day moving average of $17.11 and a 200-day moving average of $16.28. The firm has a market capitalization of $8.98 billion, a PE ratio of 7.55 and a beta of 0.41.

Vipshop (NYSE:VIPS - Get Free Report) last released its earnings results on Wednesday, February 28th. The technology company reported $5.79 earnings per share for the quarter, beating the consensus estimate of $0.64 by $5.15. Vipshop had a return on equity of 23.19% and a net margin of 7.20%. The firm had revenue of $34.67 billion for the quarter, compared to analyst estimates of $33.18 billion. During the same quarter in the prior year, the firm posted $0.47 earnings per share. The company's quarterly revenue was up 9.2% on a year-over-year basis. As a group, equities research analysts expect that Vipshop Holdings Limited will post 2.25 earnings per share for the current fiscal year.

Vipshop Dividend Announcement

The business also recently announced an annual dividend, which was paid on Monday, April 8th. Shareholders of record on Friday, March 15th were paid a $0.43 dividend. This represents a yield of 2.3%. The ex-dividend date was Thursday, March 14th. Vipshop's payout ratio is 20.20%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on VIPS shares. HSBC decreased their target price on Vipshop from $22.90 to $19.00 and set a "hold" rating on the stock in a report on Thursday, March 28th. StockNews.com cut Vipshop from a "strong-buy" rating to a "buy" rating in a report on Thursday, April 11th. TheStreet raised Vipshop from a "c+" rating to a "b-" rating in a research note on Thursday, December 21st. Benchmark reaffirmed a "buy" rating and set a $29.00 price target on shares of Vipshop in a research note on Thursday, February 29th. Finally, Citigroup upped their price target on Vipshop from $20.00 to $21.00 and gave the company a "buy" rating in a research note on Tuesday, January 23rd. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $21.13.

Vipshop Company 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, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.