Vipshop Holdings Limited (NYSE:VIPS) Shares Sold by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. reduced its position in Vipshop Holdings Limited (NYSE:VIPS) by 42.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 323,200 shares of the technology company’s stock after selling 236,500 shares during the quarter. Royal London Asset Management Ltd. owned about 0.06% of Vipshop worth $4,354,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Hhlr Advisors LTD. increased its stake in shares of Vipshop by 6.2% during the third quarter. Hhlr Advisors LTD. now owns 15,720,322 shares of the technology company’s stock worth $247,281,000 after acquiring an additional 914,322 shares during the period. Robeco Institutional Asset Management B.V. increased its position in Vipshop by 1.3% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 11,107,555 shares of the technology company’s stock worth $149,619,000 after purchasing an additional 139,320 shares during the period. Massachusetts Financial Services Co. MA increased its position in Vipshop by 7.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,828,506 shares of the technology company’s stock worth $75,952,000 after purchasing an additional 333,989 shares during the period. Polaris Capital Management LLC purchased a new position in shares of Vipshop during the 4th quarter worth approximately $63,095,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Vipshop by 179.5% in the 3rd 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 buying an additional 2,558,896 shares during the period. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Vipshop Stock Down 2.1 %

NYSE:VIPS opened at $16.29 on Monday. Vipshop Holdings Limited has a 52-week low of $11.50 and a 52-week high of $17.94. The stock has a fifty day simple moving average of $15.19 and a 200-day simple moving average of $14.46. The company has a market capitalization of $8.36 billion, a PE ratio of 7.79, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30.

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

Vipshop Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on VIPS. StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Barclays upped their price target on shares of Vipshop from $19.00 to $20.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 25th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company 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.