O Shaughnessy Asset Management LLC Trims Stock Position in Vipshop Holdings Limited (NYSE:VIPS)

O Shaughnessy Asset Management LLC decreased its position in Vipshop Holdings Limited (NYSE:VIPS) by 12.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 366,735 shares of the technology company’s stock after selling 52,457 shares during the period. O Shaughnessy Asset Management LLC owned 0.07% of Vipshop worth $4,940,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank purchased a new position in Vipshop in the fourth quarter worth approximately $64,115,000. Polaris Capital Management LLC purchased a new position in shares of Vipshop during the 4th quarter worth $63,095,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Vipshop during the 3rd quarter worth about $14,938,000. JPMorgan Chase & Co. raised its holdings in Vipshop by 53.8% in the 4th quarter. JPMorgan Chase & Co. now owns 2,597,664 shares of the technology company’s stock valued at $34,991,000 after buying an additional 908,669 shares during the period. Finally, Janus Henderson Group PLC acquired a new position in Vipshop in the third quarter valued at about $6,331,000. Institutional investors and hedge funds own 48.82% of the company’s stock.

Vipshop Stock Performance

Vipshop stock opened at $15.35 on Thursday. The firm has a market capitalization of $7.88 billion, a P/E ratio of 7.34, a P/E/G 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 stock’s fifty day simple moving average is $15.62 and its 200-day simple moving average is $14.63.

Vipshop (NYSE:VIPS) last issued its quarterly 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). The company had revenue of $4.55 billion for the quarter, compared to analysts’ expectations of $3.82 billion. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. Sell-side analysts predict that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.

Vipshop Dividend Announcement

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

Analysts Set New Price Targets

VIPS has been the subject of a number of recent analyst reports. Citigroup cut shares of Vipshop from a “buy” rating to a “neutral” rating and set a $18.00 price target for the company. in a research report on Tuesday. StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Finally, Barclays raised their price target on Vipshop from $19.00 to $20.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 25th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $15.30.

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.