Vinva Investment Management Ltd Raises Stake in Vipshop Holdings Limited (NYSE:VIPS)

Vinva Investment Management Ltd boosted its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS) by 23.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 23,952 shares of the technology company’s stock after purchasing an additional 4,472 shares during the period. Vinva Investment Management Ltd’s holdings in Vipshop were worth $318,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Vipshop by 179.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,984,082 shares of the technology company’s stock valued at $62,670,000 after acquiring an additional 2,558,896 shares in the last quarter. FMR LLC boosted its holdings in shares of Vipshop by 8.5% in the third quarter. FMR LLC now owns 2,071,160 shares of the technology company’s stock valued at $32,579,000 after acquiring an additional 162,027 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Vipshop by 9.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 848,059 shares of the technology company’s stock valued at $13,340,000 after acquiring an additional 75,590 shares in the last quarter. Caas Capital Management LP purchased a new stake in shares of Vipshop in the fourth quarter valued at about $1,327,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Vipshop by 19.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,748,730 shares of the technology company’s stock valued at $27,508,000 after acquiring an additional 290,583 shares in the last quarter. 48.82% of the stock is owned by hedge funds and other institutional investors.

Vipshop Stock Down 2.1 %

Shares of NYSE VIPS opened at $16.29 on Friday. The stock has a market capitalization of $8.36 billion, a price-to-earnings ratio of 7.79, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30. The firm has a 50-day moving average price of $15.19 and a 200 day moving average price of $14.43. Vipshop Holdings Limited has a 52 week low of $11.50 and a 52 week high of $17.94.

Vipshop (NYSE:VIPS) last announced its earnings results on Wednesday, February 26th. The technology company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.05). The business had revenue of $4.55 billion for the quarter, compared to analyst estimates of $3.82 billion. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. Equities research analysts expect that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal year.

Vipshop Dividend Announcement

The firm also recently announced an annual dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be given a dividend of $0.43 per share. This represents a yield of 2.9%. The ex-dividend date is Friday, April 11th. Vipshop’s payout ratio is currently 24.24%.

Analyst Upgrades and Downgrades

VIPS has been the subject of several recent analyst reports. Barclays raised their price objective on shares of Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a research note on Tuesday, February 25th. StockNews.com upgraded shares of Vipshop from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $15.75.

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