Vipshop Holdings Limited (NYSE:VIPS) Shares Purchased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. boosted its stake in Vipshop Holdings Limited (NYSE:VIPS) by 71.0% in the 4th quarter, Holdings Channel reports. The firm owned 102,835 shares of the technology company’s stock after purchasing an additional 42,700 shares during the period. Asset Management One Co. Ltd.’s holdings in Vipshop were worth $1,804,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VIPS. Natixis purchased a new position in Vipshop in the 4th quarter valued at approximately $27,000. Castleview Partners LLC purchased a new stake in shares of Vipshop during the 2nd quarter worth $38,000. Impact Partnership Wealth LLC purchased a new stake in shares of Vipshop during the 3rd quarter worth $41,000. Blue Trust Inc. lifted its position in shares of Vipshop by 243.5% during 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 lifted its position in Vipshop by 65.6% in the fourth quarter. Global Retirement Partners LLC now owns 3,692 shares of the technology company’s stock valued at $66,000 after acquiring an additional 1,462 shares during the last quarter. Institutional investors and hedge funds own 48.82% of the company’s stock.

Analyst Ratings Changes

VIPS has been the subject of a number of research reports. TheStreet raised shares of Vipshop from a “c+” rating to a “b-” rating in a research report on Thursday, December 21st. HSBC dropped their price objective on shares of Vipshop from $22.90 to $19.00 and set a “hold” rating on the stock in a research note on Thursday, March 28th. Citigroup boosted their price target on shares of Vipshop from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, January 23rd. Benchmark reiterated a “buy” rating and set a $29.00 price target on shares of Vipshop in a research note on Thursday, February 29th. Finally, StockNews.com lowered shares of Vipshop from a “strong-buy” rating to a “buy” rating in a research note on Thursday. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Vipshop presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.13.

Vipshop Stock Down 5.0 %

Shares of Vipshop stock opened at $16.25 on Friday. The firm has a market cap of $9.52 billion, a price-to-earnings ratio of 8.00 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. The company’s 50-day simple moving average is $17.17 and its 200-day simple moving average is $16.27.

Vipshop (NYSE:VIPS) last released its quarterly earnings data on Wednesday, February 28th. The technology company reported $5.79 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $5.15. Vipshop had a net margin of 7.20% and a return on equity of 23.19%. The firm had revenue of $34.67 billion for the quarter, compared to the consensus estimate of $33.18 billion. During the same quarter in the previous year, the firm earned $0.47 earnings per share. The firm’s revenue was up 9.2% on a year-over-year basis. Equities research analysts anticipate that Vipshop Holdings Limited will post 2.25 EPS for the current year.

Vipshop Dividend Announcement

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

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.