Vipshop Holdings Limited (NYSE:VIPS) Shares Sold by Todd Asset Management LLC

Todd Asset Management LLC trimmed its holdings in Vipshop Holdings Limited (NYSE:VIPS) by 0.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,044,409 shares of the technology company’s stock after selling 5,726 shares during the quarter. Todd Asset Management LLC owned 0.35% of Vipshop worth $36,309,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Lindbrook Capital LLC increased its stake in shares of Vipshop by 56.4% in the 4th quarter. Lindbrook Capital LLC now owns 1,963 shares of the technology company’s stock valued at $35,000 after purchasing an additional 708 shares in the last quarter. Rakuten Securities Inc. purchased a new stake in shares of Vipshop in the fourth quarter valued at approximately $36,000. Blue Trust Inc. raised its stake in shares of Vipshop by 243.5% during the 4th quarter. Blue Trust Inc. now owns 3,140 shares of the technology company’s stock worth $56,000 after buying an additional 2,226 shares during the period. Global Retirement Partners LLC lifted its position in shares of Vipshop by 65.6% during the 4th quarter. Global Retirement Partners LLC now owns 3,692 shares of the technology company’s stock valued at $66,000 after buying an additional 1,462 shares in the last quarter. Finally, Tucker Asset Management LLC acquired a new stake in Vipshop in the 3rd quarter valued at $152,000. Institutional investors and hedge funds own 48.82% of the company’s stock.

Vipshop Price Performance

Shares of VIPS stock traded up $0.39 during trading on Friday, reaching $16.45. The company’s stock had a trading volume of 3,597,477 shares, compared to its average volume of 3,796,784. Vipshop Holdings Limited has a 1-year low of $13.80 and a 1-year high of $20.19. The stock’s 50-day moving average price is $16.83 and its 200 day moving average price is $16.27. The company has a market capitalization of $9.64 billion, a price-to-earnings ratio of 8.10 and a beta of 0.44.

Vipshop (NYSE:VIPS) last issued its quarterly earnings results on Wednesday, February 28th. The technology company reported $5.79 earnings per share for the quarter, topping the consensus estimate of $0.64 by $5.15. Vipshop had a return on equity of 23.19% and a net margin of 7.20%. The company had revenue of $34.67 billion for the quarter, compared to the consensus estimate of $33.18 billion. During the same quarter in the prior year, the business earned $0.47 EPS. Vipshop’s revenue was up 9.2% on a year-over-year basis. On average, sell-side analysts anticipate that Vipshop Holdings Limited will post 2.24 EPS for the current fiscal year.

Vipshop Announces Dividend

The firm also recently announced an annual dividend, which was paid on Monday, April 8th. Stockholders of record on Friday, March 15th were given a dividend of $0.43 per share. This represents a dividend yield of 2.3%. The ex-dividend date of this dividend was Thursday, March 14th. Vipshop’s dividend payout ratio (DPR) is presently 20.20%.

Analyst Ratings Changes

VIPS has been the subject of a number of research reports. Citigroup boosted their target price on shares of Vipshop from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, January 23rd. Benchmark restated a “buy” rating and issued a $29.00 target price on shares of Vipshop in a research report on Thursday, February 29th. HSBC dropped their price target on Vipshop from $22.90 to $19.00 and set a “hold” rating for the company in a research report on Thursday, March 28th. Finally, StockNews.com upgraded Vipshop from a “buy” rating to a “strong-buy” rating in a report on Friday, April 19th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $21.13.

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, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.