Quantbot Technologies LP Reduces Stock Position in Vipshop Holdings Limited (NYSE:VIPS)

Quantbot Technologies LP decreased its position in Vipshop Holdings Limited (NYSE:VIPS) by 30.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,409 shares of the technology company’s stock after selling 26,432 shares during the quarter. Quantbot Technologies LP’s holdings in Vipshop were worth $800,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. increased its holdings in 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 purchasing an additional 1,487 shares during the period. Polymer Capital Management HK LTD bought a new stake in shares of Vipshop in the 3rd quarter worth approximately $175,000. Atomi Financial Group Inc. increased its stake in shares of Vipshop by 10.8% during the fourth 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. bought a new position in shares of Vipshop during the fourth quarter valued at approximately $165,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Vipshop in the fourth quarter worth $175,000. 48.82% of the stock is owned by institutional investors.

Vipshop Price Performance

Shares of Vipshop stock opened at $16.35 on Thursday. Vipshop Holdings Limited has a 1 year low of $11.50 and a 1 year high of $17.94. The company has a 50-day moving average of $15.39 and a 200 day moving average of $14.53. The firm has a market cap of $8.39 billion, a price-to-earnings ratio of 7.82, a PEG ratio of 1.52 and a beta of 0.30.

Vipshop (NYSE:VIPS) last released its earnings results 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 business had revenue of $4.55 billion for the quarter, compared to analysts’ expectations of $3.82 billion. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. On average, equities analysts anticipate that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Vipshop Dividend Announcement

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

Wall Street Analysts Forecast Growth

VIPS has been the topic of a number of research analyst reports. StockNews.com raised shares of Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Barclays increased 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 issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus 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.