Lingohr Asset Management GmbH Boosts Stock Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Lingohr Asset Management GmbH lifted its holdings in Vipshop Holdings Limited (NYSE:VIPS) by 126.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 132,472 shares of the technology company’s stock after acquiring an additional 73,897 shares during the period. Vipshop accounts for approximately 3.6% of Lingohr Asset Management GmbH’s holdings, making the stock its 2nd biggest holding. Lingohr Asset Management GmbH’s holdings in Vipshop were worth $1,759,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VIPS. Hhlr Advisors LTD. raised its position in Vipshop by 6.2% during the third quarter. Hhlr Advisors LTD. now owns 15,720,322 shares of the technology company’s stock valued at $247,281,000 after purchasing an additional 914,322 shares during the period. Robeco Institutional Asset Management B.V. increased its position in shares of 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 valued at $149,619,000 after purchasing an additional 139,320 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings 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 valued at $75,952,000 after buying an additional 333,989 shares during the period. Polaris Capital Management LLC bought a new stake in Vipshop in the fourth quarter worth $63,095,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in 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. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Vipshop Price Performance

Shares of VIPS stock opened at $16.95 on Thursday. The company has a market capitalization of $8.70 billion, a P/E ratio of 8.11, a P/E/G ratio of 1.52 and a beta of 0.30. The company’s 50-day simple moving average is $15.05 and its two-hundred day simple moving average is $14.39. Vipshop Holdings Limited has a one year low of $11.50 and a one year high of $18.08.

Vipshop (NYSE:VIPS) last announced its quarterly earnings data 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 firm had revenue of $4.55 billion during the quarter, compared to the consensus estimate of $3.82 billion. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. On average, research analysts expect that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal 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 issued 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 payout ratio is currently 24.24%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Benchmark reissued a “hold” rating on shares of Vipshop in a research note on Wednesday, November 20th. Citigroup reduced their price objective on shares of Vipshop from $18.00 to $17.00 and set a “buy” rating on the stock in a research report on Wednesday, November 20th. Barclays boosted their target price on Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a research report on Tuesday, February 25th. Finally, StockNews.com upgraded Vipshop from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $15.75.

Vipshop 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.