Aubrey Capital Management Ltd Reduces Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Aubrey Capital Management Ltd lowered its stake in shares of Vipshop Holdings Limited (NYSE:VIPS) by 16.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 738,230 shares of the technology company’s stock after selling 144,300 shares during the quarter. Vipshop comprises 5.6% of Aubrey Capital Management Ltd’s holdings, making the stock its 7th largest holding. Aubrey Capital Management Ltd’s holdings in Vipshop were worth $13,111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nordea Investment Management AB raised its stake in Vipshop by 21.4% in the fourth quarter. Nordea Investment Management AB now owns 1,322,433 shares of the technology company’s stock valued at $23,592,000 after buying an additional 233,438 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Vipshop by 9.6% in the third quarter. American Century Companies Inc. now owns 996,011 shares of the technology company’s stock worth $15,946,000 after purchasing an additional 87,252 shares during the last quarter. Strs Ohio raised its stake in shares of Vipshop by 46.8% in the fourth quarter. Strs Ohio now owns 430,890 shares of the technology company’s stock worth $7,652,000 after purchasing an additional 137,300 shares during the last quarter. Ariose Capital Management Ltd purchased a new position in shares of Vipshop in the fourth quarter worth about $35,498,000. Finally, SG Americas Securities LLC raised its stake in shares of Vipshop by 1,013.6% in the fourth quarter. SG Americas Securities LLC now owns 318,261 shares of the technology company’s stock worth $5,652,000 after purchasing an additional 289,681 shares during the last quarter. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

Vipshop Trading Down 0.1 %

VIPS traded down $0.01 during trading on Friday, hitting $15.73. The company’s stock had a trading volume of 3,467,353 shares, compared to its average volume of 3,308,816. Vipshop Holdings Limited has a twelve month low of $13.80 and a twelve month high of $20.19. The business’s fifty day simple moving average is $16.96 and its 200 day simple moving average is $16.27. The firm has a market capitalization of $9.22 billion, a price-to-earnings ratio of 7.75 and a beta of 0.41.

Vipshop (NYSE:VIPS) last issued its quarterly earnings data on Wednesday, February 28th. The technology company reported $5.79 EPS for the quarter, beating 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 analyst estimates of $33.18 billion. During the same period last year, the company earned $0.47 earnings per share. Vipshop’s quarterly revenue was up 9.2% compared to the same quarter last year. As a group, equities research analysts forecast that Vipshop Holdings Limited will post 2.24 earnings per share for the current fiscal year.

Vipshop Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Monday, April 8th. Shareholders of record on Friday, March 15th were issued a $0.43 dividend. This represents a yield of 2.3%. The ex-dividend date of this dividend was Thursday, March 14th. Vipshop’s payout ratio is currently 20.20%.

Wall Street Analysts Forecast Growth

VIPS has been the subject of several research analyst reports. Benchmark restated a “buy” rating and issued a $29.00 price objective on shares of Vipshop in a research note on Thursday, February 29th. StockNews.com upgraded Vipshop from a “buy” rating to a “strong-buy” rating in a research note on Friday, April 19th. HSBC reduced 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, Citigroup lifted their price target on Vipshop from $20.00 to $21.00 and gave the company a “buy” rating in a research report on Tuesday, January 23rd. 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 data from MarketBeat.com, Vipshop currently has a consensus rating of “Buy” and a consensus target price 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.