Tower Research Capital LLC TRC Sells 32,481 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Tower Research Capital LLC TRC decreased its position in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 94.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,032 shares of the technology company's stock after selling 32,481 shares during the quarter. Tower Research Capital LLC TRC's holdings in Vipshop were worth $27,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Atomi Financial Group Inc. lifted its holdings in shares of Vipshop by 10.8% in the fourth quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company's stock worth $165,000 after acquiring an additional 1,191 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in shares of Vipshop by 5.7% in the fourth quarter. Daiwa Securities Group Inc. now owns 25,900 shares of the technology company's stock worth $349,000 after acquiring an additional 1,400 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Vipshop by 17.5% in the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company's stock worth $134,000 after acquiring an additional 1,487 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in shares of Vipshop by 3.5% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 44,100 shares of the technology company's stock worth $594,000 after acquiring an additional 1,500 shares during the last quarter. Finally, Lester Murray Antman dba SimplyRich lifted its holdings in shares of Vipshop by 1.0% in the fourth quarter. Lester Murray Antman dba SimplyRich now owns 151,159 shares of the technology company's stock worth $2,036,000 after acquiring an additional 1,526 shares during the last quarter. Institutional investors own 48.82% of the company's stock.

Vipshop Stock Up 0.7%

Vipshop stock traded up $0.10 during mid-day trading on Thursday, hitting $14.54. 3,164,459 shares of the stock were exchanged, compared to its average volume of 3,873,364. Vipshop Holdings Limited has a 12 month low of $11.50 and a 12 month high of $17.94. The firm's fifty day simple moving average is $14.29 and its two-hundred day simple moving average is $14.30. The stock has a market capitalization of $7.46 billion, a price-to-earnings ratio of 6.96, a PEG ratio of 1.52 and a beta of 0.60.

Vipshop (NYSE:VIPS - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The technology company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate 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 the consensus estimate of $3.82 billion. As a group, analysts forecast that Vipshop Holdings Limited will post 1.95 earnings per share for the current fiscal year.

Vipshop Dividend Announcement

The company also recently declared an annual dividend, which was paid on Friday, April 25th. Shareholders 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 yield of 2.9%. Vipshop's payout ratio is 25.13%.

Wall Street Analyst Weigh In

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

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