Yunqi Capital Ltd Grows Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Yunqi Capital Ltd boosted its stake in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 10.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,349,000 shares of the technology company's stock after acquiring an additional 132,700 shares during the period. Vipshop accounts for approximately 16.8% of Yunqi Capital Ltd's holdings, making the stock its 2nd biggest holding. Yunqi Capital Ltd owned 0.23% of Vipshop worth $23,958,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Lindbrook Capital LLC lifted its position in Vipshop by 56.4% during the fourth quarter. Lindbrook Capital LLC now owns 1,963 shares of the technology company's stock valued at $35,000 after buying an additional 708 shares during the period. Rakuten Securities Inc. purchased a new position in shares of Vipshop in the 4th quarter worth about $36,000. Impact Partnership Wealth LLC purchased a new position in shares of Vipshop in the 3rd quarter worth about $41,000. Blue Trust Inc. raised its position in shares of Vipshop by 243.5% in the 4th quarter. Blue Trust Inc. now owns 3,140 shares of the technology company's stock worth $56,000 after purchasing an additional 2,226 shares during the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of Vipshop by 65.6% in the 4th quarter. Global Retirement Partners LLC now owns 3,692 shares of the technology company's stock worth $66,000 after purchasing an additional 1,462 shares during the last quarter. Institutional investors own 48.82% of the company's stock.

Vipshop Trading Up 1.3 %

Vipshop stock traded up $0.20 during midday trading on Tuesday, hitting $15.80. The stock had a trading volume of 3,848,946 shares, compared to its average volume of 3,538,849. The firm's fifty day moving average is $17.01 and its two-hundred day moving average is $16.28. The company has a market capitalization of $9.26 billion, a PE ratio of 7.78 and a beta of 0.41. Vipshop Holdings Limited has a 52-week low of $13.80 and a 52-week high of $20.19.

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

Vipshop Dividend Announcement

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

Analyst Upgrades and Downgrades

VIPS has been the subject of several recent analyst reports. HSBC lowered their price target on Vipshop from $22.90 to $19.00 and set a "hold" rating for the company in a research report on Thursday, March 28th. StockNews.com raised Vipshop from a "buy" rating to a "strong-buy" rating in a research report on Friday. Benchmark reissued a "buy" rating and issued a $29.00 target price on shares of Vipshop in a research report on Thursday, February 29th. Finally, Citigroup boosted their target price on Vipshop from $20.00 to $21.00 and gave the stock a "buy" rating in a research report on Tuesday, January 23rd. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $21.13.

About Vipshop

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.

Want to see what other hedge funds are holding VIPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vipshop Holdings Limited (NYSE:VIPS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.