Mitsubishi UFJ Trust & Banking Corp Decreases Stock Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Mitsubishi UFJ Trust & Banking Corp cut its holdings in Vipshop Holdings Limited (NYSE:VIPS) by 2.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 934,955 shares of the technology company’s stock after selling 21,307 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.18% of Vipshop worth $12,594,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of VIPS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Vipshop by 179.5% during 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 worth $62,670,000 after buying an additional 2,558,896 shares during the period. FMR LLC grew its stake in Vipshop by 8.5% in the third quarter. FMR LLC now owns 2,071,160 shares of the technology company’s stock worth $32,579,000 after purchasing an additional 162,027 shares in the last quarter. Caas Capital Management LP purchased a new position in shares of Vipshop during the fourth quarter valued at $1,327,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Vipshop by 19.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,748,730 shares of the technology company’s stock valued at $27,508,000 after purchasing an additional 290,583 shares in the last quarter. Finally, Janus Henderson Group PLC bought a new position in Vipshop in the third quarter worth approximately $6,331,000. Institutional investors own 48.82% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on VIPS shares. Barclays boosted their target price on shares of Vipshop from $19.00 to $20.00 and gave the stock an “overweight” rating in a report on Tuesday, February 25th. StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Vipshop presently has an average rating of “Hold” and a consensus target price of $15.10.

Vipshop Trading Down 2.4 %

Vipshop stock opened at $16.11 on Friday. The firm has a market cap of $8.27 billion, a PE ratio of 7.71, a P/E/G ratio of 1.52 and a beta of 0.30. The stock’s 50 day simple moving average is $15.51 and its two-hundred day simple moving average is $14.56. Vipshop Holdings Limited has a 12 month low of $11.50 and a 12 month high of $17.94.

Vipshop (NYSE:VIPS) last posted its 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 analysts’ expectations of $3.82 billion. On average, equities research analysts forecast that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Vipshop Announces Dividend

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

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.