Skandinaviska Enskilda Banken AB publ Boosts Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Skandinaviska Enskilda Banken AB publ boosted its stake in Vipshop Holdings Limited (NYSE:VIPS) by 12.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 70,114 shares of the technology company’s stock after buying an additional 7,606 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Vipshop were worth $931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of VIPS. Hhlr Advisors LTD. grew its position 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 last quarter. Robeco Institutional Asset Management B.V. grew 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 last quarter. Massachusetts Financial Services Co. MA grew 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 last quarter. Polaris Capital Management LLC purchased a new stake in shares of Vipshop in the fourth quarter valued at about $63,095,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of 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. Institutional investors and hedge funds own 48.82% of the company’s stock.

Vipshop Stock Performance

Vipshop stock opened at $17.77 on Tuesday. The company has a market cap of $9.12 billion, a P/E ratio of 8.50, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30. Vipshop Holdings Limited has a one year low of $11.50 and a one year high of $18.08. The business has a fifty day moving average of $14.89 and a two-hundred day moving average of $14.34.

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

Vipshop Dividend Announcement

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 paid a $0.43 dividend. This represents a yield of 2.9%. The ex-dividend date of this dividend is Friday, April 11th. Vipshop’s payout ratio is currently 24.24%.

Analysts Set New Price Targets

VIPS has been the topic of several recent research reports. Citigroup dropped their price target on Vipshop from $18.00 to $17.00 and set a “buy” rating on the stock in a research report on Wednesday, November 20th. StockNews.com upgraded Vipshop from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Barclays lifted their price objective on shares of Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a research report on Tuesday, February 25th. Finally, Benchmark restated a “hold” rating on shares of Vipshop in a research report on Wednesday, November 20th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $15.75.

About Vipshop

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.