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

Vinva Investment Management Ltd grew its position in Vipshop Holdings Limited (NYSE:VIPS) by 23.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,952 shares of the technology company’s stock after buying 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 SEC filing.

Other hedge funds have also made changes to their positions in the company. Blue Trust Inc. boosted its position in shares of Vipshop by 17.5% during the 4th quarter. Blue Trust Inc. now owns 9,972 shares of the technology company’s stock worth $134,000 after purchasing an additional 1,487 shares during the period. Atomi Financial Group Inc. boosted its position in shares of Vipshop by 10.8% during the 4th 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. Vontobel Holding Ltd. purchased a new position in shares of Vipshop during the 4th quarter worth approximately $165,000. Polymer Capital Management HK LTD purchased a new position in shares of Vipshop during the 3rd quarter worth approximately $175,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Vipshop during the 4th quarter worth approximately $175,000. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Vipshop Trading Down 2.1 %

Shares of VIPS opened at $16.29 on Friday. Vipshop Holdings Limited has a twelve month low of $11.50 and a twelve month high of $17.94. The firm’s fifty day simple moving average is $15.19 and its 200-day simple moving average is $14.43. The firm has a market capitalization of $8.36 billion, a price-to-earnings ratio of 7.79, a PEG ratio of 1.52 and a beta of 0.30.

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

Vipshop Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. StockNews.com raised shares of Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Barclays increased 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. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Vipshop currently has a consensus rating of “Hold” and a consensus target price of $15.75.

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.