Y Intercept Hong Kong Ltd Makes New Investment in Vipshop Holdings Limited (NYSE:VIPS)

Y Intercept Hong Kong Ltd purchased a new position in shares of Vipshop Holdings Limited (NYSE:VIPS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,569 shares of the technology company’s stock, valued at approximately $210,000.

A number of other institutional investors have also modified their holdings of the company. Asset Management One Co. Ltd. boosted its holdings in Vipshop by 2.0% during the 3rd quarter. Asset Management One Co. Ltd. now owns 48,963 shares of the technology company’s stock valued at $770,000 after acquiring an additional 954 shares during the period. Atomi Financial Group Inc. lifted its position in shares of Vipshop by 10.8% during the fourth quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company’s stock worth $165,000 after purchasing an additional 1,191 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Vipshop by 17.5% in the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company’s stock valued at $134,000 after purchasing an additional 1,487 shares during the period. Lester Murray Antman dba SimplyRich boosted its stake in shares of Vipshop by 1.0% in the fourth quarter. Lester Murray Antman dba SimplyRich now owns 151,159 shares of the technology company’s stock valued at $2,036,000 after purchasing an additional 1,526 shares during the period. Finally, Harvest Fund Management Co. Ltd grew its holdings in shares of Vipshop by 0.7% in the third quarter. Harvest Fund Management Co. Ltd now owns 298,200 shares of the technology company’s stock valued at $4,691,000 after purchasing an additional 2,055 shares in the last quarter. 48.82% of the stock is owned by institutional investors and hedge funds.

Vipshop Price Performance

NYSE:VIPS opened at $16.93 on Thursday. Vipshop Holdings Limited has a 12 month low of $11.50 and a 12 month high of $18.75. The firm has a market capitalization of $8.69 billion, a PE ratio of 8.10, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30. The business’s fifty day moving average price is $14.26 and its 200 day moving average price is $14.07.

Vipshop (NYSE:VIPS) last released its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.05). The business had revenue of $4.55 billion during the quarter, compared to analysts’ expectations of $3.82 billion. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. As a group, equities analysts anticipate that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Vipshop Announces Dividend

The business also recently disclosed an annual dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Friday, April 11th. This represents a dividend yield of 2.9%. Vipshop’s dividend payout ratio is presently 24.24%.

Wall Street Analyst Weigh In

VIPS has been the topic of a number of research reports. Citigroup decreased their price target on shares of Vipshop from $18.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, November 20th. Barclays increased their price objective on Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a research note on Tuesday, February 25th. Benchmark reissued a “hold” rating on shares of Vipshop in a research note on Wednesday, November 20th. Finally, StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $15.75.

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.