Segall Bryant & Hamill LLC Sells 20,200 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Segall Bryant & Hamill LLC cut its position in shares of Vipshop Holdings Limited (NYSE:VIPS) by 21.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,800 shares of the technology company’s stock after selling 20,200 shares during the period. Segall Bryant & Hamill LLC’s holdings in Vipshop were worth $1,021,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Blue Trust Inc. boosted its holdings in Vipshop by 17.5% during the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company’s stock valued at $134,000 after purchasing an additional 1,487 shares in the last quarter. Atomi Financial Group Inc. boosted its stake in Vipshop by 10.8% in the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company’s stock valued at $165,000 after buying an additional 1,191 shares in the last quarter. Vontobel Holding Ltd. bought a new stake in Vipshop in the fourth quarter valued at $165,000. Polymer Capital Management HK LTD bought a new position in shares of Vipshop during the third quarter valued at $175,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Vipshop in the 4th quarter valued at $175,000. 48.82% of the stock is currently owned by institutional investors and hedge funds.

Vipshop Trading Down 2.4 %

Shares of VIPS stock opened at $16.11 on Friday. Vipshop Holdings Limited has a 1 year low of $11.50 and a 1 year high of $17.94. The firm’s 50 day moving average is $15.51 and its 200-day moving average is $14.56. The firm has a market capitalization of $8.27 billion, a price-to-earnings ratio of 7.71, a PEG ratio of 1.52 and a beta of 0.30.

Vipshop (NYSE:VIPS) last posted its quarterly earnings data 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). The firm 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%. On average, equities research analysts forecast that Vipshop Holdings Limited will post 1.95 earnings per share for the current fiscal year.

Vipshop Announces Dividend

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

Wall Street Analysts Forecast Growth

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

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.