1 week Ago By ABMN Staff
California Public Employees Retirement System lessened its stake in Vipshop Holdings Limited ( NYSE:VIPS – Free Report ) by 5.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 669,428 shares of the technology company’s stock after selling 38,171 shares during the quarter.
California Public Employees Retirement System owned about 0.13% of Vipshop worth $9,017,000 at the end of the most recent reporting period. Other large investors also recently bought and sold shares of the company.
Norges Bank purchased a new position in shares of Vipshop in the fourth quarter valued at $64,115,000. Polaris Capital Management LLC purchased a new position in Vipshop in the 4th quarter valued at about $63,095,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Vipshop during the third quarter valued at about $14,938,000.
JPMorgan Chase & Co. increased its position in shares of Vipshop by 53.8% during the fourth quarter.
JPMorgan Chase & Co. now owns 2,597,664 shares of the technology company’s stock worth $34,991,000 after acquiring an additional 908,669 shares during the last quarter. Finally, Janus Henderson Group PLC acquired a new position in shares of Vipshop in the third quarter worth about $6,331,000.
Institutional investors and hedge funds own 48.82% of the company’s stock. Analyst Upgrades and Downgrades VIPS has been the topic of several analyst reports.
Citigroup downgraded Vipshop from a “buy” rating to a “neutral” rating and set a $18.00 price objective on the stock. in a report on Tuesday, April 1st.
StockNews.com raised shares of Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Finally, Barclays upped their price target on shares of Vipshop from $19.
00 to $20.00 and gave the company an “overweight” rating in a report on Tuesday, February 25th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock.
Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $15.30.
Vipshop Trading Down 5.0 % Shares of NYSE VIPS opened at $14.08 on Monday.
The company has a market capitalization of $7.23 billion, a price-to-earnings ratio of 6.74, a price-to-earnings-growth ratio of 1.
52 and a beta of 0.53. Vipshop Holdings Limited has a twelve month low of $11.
50 and a twelve month high of $17.94. The business has a 50 day simple moving average of $15.
61 and a 200-day simple moving average of $14.66. Vipshop ( NYSE:VIPS – Get Free Report ) last released 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 the consensus estimate of $3.
82 billion. As a group, equities analysts predict that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.
Vipshop Dividend Announcement The firm also recently announced an annual dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be issued a $0.43 dividend.
The ex-dividend date of this dividend is Friday, April 11th. This represents a yield of 2.9%.
Vipshop’s dividend payout ratio is currently 24.24%. About Vipshop ( Free Report ) 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.
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