Deutsche Bank AG Cuts Stock Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Deutsche Bank AG lessened its position in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 29.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 972,620 shares of the technology company's stock after selling 404,914 shares during the quarter. Deutsche Bank AG owned about 0.19% of Vipshop worth $13,101,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. increased its stake in shares of Vipshop by 17.5% in the 4th 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. Jump Financial LLC acquired a new stake in Vipshop during the fourth quarter worth about $161,000. Vontobel Holding Ltd. purchased a new position in Vipshop during the fourth quarter worth about $165,000. Atomi Financial Group Inc. raised its stake in Vipshop by 10.8% during the fourth quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company's stock worth $165,000 after purchasing an additional 1,191 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new position in Vipshop in the 4th quarter valued at about $175,000. 48.82% of the stock is owned by institutional investors and hedge funds.

Vipshop Stock Up 1.6%

NYSE VIPS traded up $0.23 on Wednesday, reaching $14.59. The stock had a trading volume of 1,140,320 shares, compared to its average volume of 3,883,419. Vipshop Holdings Limited has a 12-month low of $11.50 and a 12-month high of $17.94. The stock has a fifty day moving average price of $14.40 and a two-hundred day moving average price of $14.30. The firm has a market capitalization of $7.49 billion, a price-to-earnings ratio of 6.98, a P/E/G ratio of 1.52 and a beta of 0.60.

Vipshop (NYSE:VIPS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 20th. The technology company reported $4.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $3.77. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The firm had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $26.41 billion. During the same quarter in the previous year, the business earned $4.66 EPS. The company's quarterly revenue was down 5.0% compared to the same quarter last year. Sell-side analysts forecast that Vipshop Holdings Limited will post 1.95 earnings per share for the current fiscal year.

Vipshop Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were paid a $0.43 dividend. This represents a dividend yield of 2.9%. The ex-dividend date was Friday, April 11th. Vipshop's payout ratio is 24.24%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. StockNews.com raised Vipshop from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Barclays increased their price target on Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. Finally, Citigroup lowered shares of Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price objective on the stock. in a report on Tuesday, April 1st. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, Vipshop currently has a consensus rating of "Hold" and a consensus price target of $15.30.

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.