Hosking Partners LLP Has $8.07 Million Stock Position in Vipshop Holdings Limited (NYSE:VIPS)

Hosking Partners LLP cut its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS) by 7.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 599,111 shares of the technology company’s stock after selling 50,350 shares during the quarter. Hosking Partners LLP owned 0.12% of Vipshop worth $8,070,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Venturi Wealth Management LLC acquired a new stake in shares of Vipshop during the third quarter worth approximately $56,000. Blue Trust Inc. boosted its stake 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 valued at $134,000 after buying an additional 1,487 shares during the period. Atomi Financial Group Inc. boosted its stake 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 valued at $165,000 after buying an additional 1,191 shares during the period. Vontobel Holding Ltd. acquired a new position in shares of Vipshop in the fourth quarter worth $165,000. Finally, Polymer Capital Management HK LTD purchased a new stake in shares of Vipshop during the third quarter worth $175,000. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Vipshop Stock Up 1.7 %

Shares of VIPS stock opened at $16.13 on Friday. Vipshop Holdings Limited has a 12 month low of $11.50 and a 12 month high of $20.19. The firm has a market cap of $8.28 billion, a PE ratio of 7.72, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30. The stock has a 50 day moving average of $14.14 and a 200-day moving average of $14.03.

Vipshop (NYSE:VIPS) last released its earnings results on Wednesday, February 26th. The technology company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.05). The company had revenue of $4.55 billion for the quarter, compared to analyst estimates of $3.82 billion. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. As a group, equities analysts predict that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal 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 dividend yield of 2.9%. The ex-dividend date is Friday, April 11th. Vipshop’s payout ratio is presently 24.24%.

Wall Street Analyst Weigh In

Several 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. Benchmark reissued a “hold” rating on shares of Vipshop in a research report on Wednesday, November 20th. Barclays boosted their price target on Vipshop from $19.00 to $20.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Citigroup lowered their price objective on Vipshop from $18.00 to $17.00 and set a “buy” rating on the stock in a report on Wednesday, November 20th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $17.64.

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.