National Pension Service Has $1.33 Million Stock Position in Vipshop Holdings Limited (NYSE:VIPS)

National Pension Service reduced its stake in shares of Vipshop Holdings Limited (NYSE:VIPS) by 7.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 98,887 shares of the technology company’s stock after selling 8,265 shares during the period. National Pension Service’s holdings in Vipshop were worth $1,332,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of VIPS. Venturi Wealth Management LLC bought a new stake in shares of Vipshop during the 3rd quarter worth $56,000. Blue Trust Inc. lifted its position in shares of Vipshop by 17.5% during the 4th quarter. Blue Trust Inc. now owns 9,972 shares of the technology company’s stock worth $134,000 after buying an additional 1,487 shares during the last quarter. Atomi Financial Group Inc. lifted its position in shares of Vipshop by 10.8% during the 4th 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 last quarter. Vontobel Holding Ltd. bought a new stake in shares of Vipshop during the 4th quarter worth $165,000. Finally, Polymer Capital Management HK LTD bought a new stake in shares of Vipshop during the 3rd quarter worth $175,000. 48.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

VIPS has been the subject of several recent analyst reports. Citigroup dropped 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. Barclays upped their price objective on Vipshop from $19.00 to $20.00 and gave the stock 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, Benchmark reiterated a “hold” rating on shares of Vipshop in a research report on Wednesday, November 20th. Five investment 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 has an average rating of “Hold” and a consensus price target of $15.75.

Vipshop Trading Down 2.5 %

Vipshop stock opened at $15.68 on Friday. The company has a market capitalization of $8.05 billion, a PE ratio of 7.50, a P/E/G ratio of 1.52 and a beta of 0.30. Vipshop Holdings Limited has a 12 month low of $11.50 and a 12 month high of $20.00. The stock has a 50-day moving average price of $14.18 and a two-hundred day moving average price of $14.04.

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 during the quarter, compared to analyst estimates of $3.82 billion. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. As a group, analysts predict that Vipshop Holdings Limited will post 1.95 earnings per share for the current fiscal year.

Vipshop Announces Dividend

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

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.