Handelsbanken Fonder AB Has $3.15 Million Stock Position in Vipshop Holdings Limited (NYSE:VIPS)

Handelsbanken Fonder AB boosted its position in Vipshop Holdings Limited (NYSE:VIPS) by 6.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 234,148 shares of the technology company’s stock after buying an additional 13,355 shares during the quarter. Handelsbanken Fonder AB’s holdings in Vipshop were worth $3,154,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of VIPS. Venturi Wealth Management LLC bought a new stake in Vipshop during the third quarter valued at about $56,000. Blue Trust Inc. boosted its stake in Vipshop by 140.6% during the 3rd quarter. Blue Trust Inc. now owns 8,485 shares of the technology company’s stock valued at $133,000 after purchasing an additional 4,958 shares during the period. Polymer Capital Management HK LTD acquired a new stake in Vipshop in the 3rd quarter valued at approximately $175,000. Atomi Financial Group Inc. grew its holdings in Vipshop by 10.8% in the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company’s stock valued at $165,000 after buying an additional 1,191 shares during the last quarter. Finally, Vontobel Holding Ltd. bought a new position in Vipshop in the 4th quarter worth approximately $165,000. Institutional investors own 48.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on VIPS shares. StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a research report on Friday. Citigroup dropped their price objective on shares of Vipshop from $18.00 to $17.00 and set a “buy” rating on the stock in a report on Wednesday, November 20th. Benchmark reiterated a “hold” rating on shares of Vipshop in a research note on Wednesday, November 20th. Finally, Barclays started coverage on Vipshop in a research note on Wednesday, November 6th. They set an “overweight” rating and a $19.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $17.50.

Vipshop Stock Performance

Shares of Vipshop stock opened at $14.26 on Tuesday. The firm has a market cap of $7.32 billion, a P/E ratio of 6.82, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30. The firm’s 50-day simple moving average is $14.00 and its 200-day simple moving average is $13.99. Vipshop Holdings Limited has a twelve month low of $11.50 and a twelve month high of $20.19.

Vipshop (NYSE:VIPS) last released its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.05). Vipshop had a net margin of 7.50% and a return on equity of 20.89%. The company had revenue of $4.55 billion for the quarter, compared to analyst estimates of $3.82 billion. On average, equities analysts forecast 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. Shareholders 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 dividend payout ratio (DPR) is 20.71%.

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.