Raiffeisen Bank International AG Acquires Shares of 26,495 Vipshop Holdings Limited (NYSE:VIPS)

Raiffeisen Bank International AG bought a new position in Vipshop Holdings Limited (NYSE:VIPS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 26,495 shares of the technology company’s stock, valued at approximately $351,000.

Other hedge funds also recently made changes to their positions in the company. Caas Capital Management LP acquired a new position in shares of Vipshop in the 4th quarter worth approximately $1,327,000. Vanguard Group Inc. grew its position in shares of Vipshop by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 13,961,402 shares of the technology company’s stock worth $188,060,000 after acquiring an additional 79,254 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Vipshop by 53.8% in the 4th quarter. JPMorgan Chase & Co. now owns 2,597,664 shares of the technology company’s stock worth $34,991,000 after purchasing an additional 908,669 shares during the last quarter. Lighthouse Investment Partners LLC bought a new stake in shares of Vipshop in the 4th quarter worth approximately $1,990,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Vipshop by 16.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,035,334 shares of the technology company’s stock worth $27,416,000 after purchasing an additional 286,604 shares during the last quarter. Institutional investors and hedge funds own 48.82% of the company’s stock.

Vipshop Trading Up 5.6%

Shares of VIPS stock opened at $15.32 on Friday. Vipshop Holdings Limited has a 1-year low of $11.50 and a 1-year high of $17.94. The company has a market capitalization of $7.86 billion, a price-to-earnings ratio of 7.33, a P/E/G ratio of 1.52 and a beta of 0.60. The stock’s fifty day simple moving average is $14.47 and its 200-day simple moving average is $14.29.

Vipshop (NYSE:VIPS) last released its quarterly earnings data 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). Vipshop had a net margin of 7.50% and a return on equity of 20.89%. The firm had revenue of $4.55 billion for the quarter, compared to analyst estimates of $3.82 billion. On average, sell-side analysts predict that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Vipshop Announces Dividend

The company also recently declared an annual dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 11th were paid a dividend of $0.43 per share. The ex-dividend date of this dividend was Friday, April 11th. This represents a yield of 2.9%. Vipshop’s dividend payout ratio is 24.24%.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Citigroup downgraded Vipshop from a “buy” rating to a “neutral” rating and set a $18.00 price target on the stock. in a report on Tuesday, April 1st. StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Finally, Barclays lifted 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. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $15.30.

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.