Vipshop Holdings Limited (NYSE:VIPS) Shares Bought by Financial Counselors Inc.

Financial Counselors Inc. increased its stake in Vipshop Holdings Limited (NYSE:VIPS) by 17.8% during the 4th quarter, HoldingsChannel reports. The firm owned 20,507 shares of the technology company’s stock after acquiring an additional 3,095 shares during the period. Financial Counselors Inc.’s holdings in Vipshop were worth $276,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Atomi Financial Group Inc. increased its position in Vipshop by 10.8% in the fourth quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company’s stock worth $165,000 after buying an additional 1,191 shares during the period. Daiwa Securities Group Inc. boosted its holdings in shares of Vipshop by 5.7% during the fourth quarter. Daiwa Securities Group Inc. now owns 25,900 shares of the technology company’s stock valued at $349,000 after acquiring an additional 1,400 shares during the period. Blue Trust Inc. grew its position in shares of Vipshop by 17.5% during the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company’s stock worth $134,000 after acquiring an additional 1,487 shares during the last quarter. Lester Murray Antman dba SimplyRich increased its holdings in shares of Vipshop by 1.0% in the 4th quarter. Lester Murray Antman dba SimplyRich now owns 151,159 shares of the technology company’s stock worth $2,036,000 after acquiring an additional 1,526 shares during the period. Finally, Quantinno Capital Management LP lifted its position in Vipshop by 16.9% in the 3rd quarter. Quantinno Capital Management LP now owns 15,811 shares of the technology company’s stock valued at $249,000 after purchasing an additional 2,284 shares during the last quarter. Institutional investors own 48.82% of the company’s stock.

Wall Street Analyst Weigh In

VIPS has been the subject of several recent analyst reports. StockNews.com upgraded shares of Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Barclays raised 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. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $15.10.

Vipshop Price Performance

Vipshop stock opened at $16.11 on Friday. Vipshop Holdings Limited has a 12-month low of $11.50 and a 12-month high of $17.94. The stock has a market capitalization of $8.27 billion, a PE ratio of 7.71, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30. The firm has a 50 day simple moving average of $15.51 and a 200-day simple moving average of $14.56.

Vipshop (NYSE:VIPS) last issued its quarterly earnings results on Wednesday, February 26th. The technology company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.05). Vipshop had a net margin of 7.50% and a return on equity of 20.89%. The firm had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $3.82 billion. On average, analysts forecast that Vipshop Holdings Limited will post 1.95 earnings per share for the current fiscal year.

Vipshop Announces Dividend

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

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.