Vipshop Holdings Limited (NYSE:VIPS) Holdings Raised by Metis Global Partners LLC

Metis Global Partners LLC grew its position in Vipshop Holdings Limited (NYSE:VIPS) by 53.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,277 shares of the technology company’s stock after acquiring an additional 6,050 shares during the quarter. Metis Global Partners LLC’s holdings in Vipshop were worth $233,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Lingohr Asset Management GmbH bought a new stake in shares of Vipshop in the 3rd quarter valued at approximately $921,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased 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 acquiring an additional 2,558,896 shares during the last quarter. FMR LLC boosted its position in Vipshop by 8.5% during the 3rd quarter. FMR LLC now owns 2,071,160 shares of the technology company’s stock valued at $32,579,000 after purchasing an additional 162,027 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its position in Vipshop by 9.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 848,059 shares of the technology company’s stock valued at $13,340,000 after purchasing an additional 75,590 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Vipshop by 19.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,748,730 shares of the technology company’s stock valued at $27,508,000 after purchasing an additional 290,583 shares during the period. 48.82% of the stock is currently owned by institutional investors.

Vipshop Stock Performance

Shares of VIPS stock opened at $16.93 on Friday. Vipshop Holdings Limited has a 1 year low of $11.50 and a 1 year high of $18.08. The stock has a fifty day moving average of $14.33 and a two-hundred day moving average of $14.09. The firm has a market capitalization of $8.69 billion, a PE ratio of 8.10, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30.

Vipshop (NYSE:VIPS) last posted 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 firm had revenue of $4.55 billion during the quarter, compared to the consensus estimate of $3.82 billion. Equities research analysts predict that Vipshop Holdings Limited will post 1.95 earnings per share for the current fiscal year.

Vipshop Dividend Announcement

The company also recently disclosed 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. This represents a dividend yield of 2.9%. The ex-dividend date is Friday, April 11th. Vipshop’s dividend payout ratio is presently 24.24%.

Wall Street Analyst Weigh In

VIPS has been the subject of a number of analyst reports. Benchmark restated a “hold” rating on shares of Vipshop in a research report on Wednesday, November 20th. Barclays boosted their price objective on Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a research report on Tuesday, February 25th. StockNews.com upgraded Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Finally, Citigroup reduced their price objective on Vipshop from $18.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, November 20th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Vipshop currently has a consensus rating of “Hold” and a consensus 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.