Capital Fund Management S.A. Sells 31,356 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Capital Fund Management S.A. cut its holdings in Vipshop Holdings Limited (NYSE:VIPS) by 20.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 122,618 shares of the technology company’s stock after selling 31,356 shares during the period. Capital Fund Management S.A.’s holdings in Vipshop were worth $1,652,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. grew its stake in 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 purchasing an additional 1,487 shares during the period. Atomi Financial Group Inc. boosted its holdings 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 in the last quarter. Vontobel Holding Ltd. acquired a new stake in shares of Vipshop during the 4th quarter worth approximately $165,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Vipshop in the 4th quarter valued at $175,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Vipshop during the 4th quarter valued at $210,000. 48.82% of the stock is owned by institutional investors and hedge funds.

Vipshop Price Performance

Shares of NYSE VIPS opened at $12.59 on Wednesday. The company has a 50-day moving average price of $15.30 and a 200-day moving average price of $14.58. The stock has a market capitalization of $6.46 billion, a P/E ratio of 6.02, a P/E/G ratio of 1.52 and a beta of 0.53. Vipshop Holdings Limited has a 1 year low of $11.50 and a 1 year high of $17.94.

Vipshop (NYSE:VIPS) last released 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). The company had revenue of $4.55 billion for 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, equities research analysts anticipate that Vipshop Holdings Limited will post 1.95 earnings per share for the current fiscal year.

Vipshop Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. StockNews.com upgraded shares of Vipshop from a “hold” rating to a “buy” rating in a 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 note on Tuesday, February 25th. Finally, Citigroup downgraded Vipshop from a “buy” rating to a “neutral” rating and set a $18.00 price target on the stock. in a research note on Tuesday, April 1st. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $15.30.

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.