117,052 Shares in Vipshop Holdings Limited (NYSE:VIPS) Bought by Catalyst Funds Management Pty Ltd

Catalyst Funds Management Pty Ltd purchased a new position in shares of Vipshop Holdings Limited (NYSE:VIPS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 117,052 shares of the technology company’s stock, valued at approximately $1,577,000.

Several other hedge funds also recently bought and sold shares of VIPS. Hhlr Advisors LTD. grew its position in Vipshop by 6.2% during the third quarter. Hhlr Advisors LTD. now owns 15,720,322 shares of the technology company’s stock valued at $247,281,000 after acquiring an additional 914,322 shares during the period. Robeco Institutional Asset Management B.V. lifted its stake in shares of Vipshop by 1.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 11,107,555 shares of the technology company’s stock worth $149,619,000 after acquiring an additional 139,320 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of Vipshop by 7.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,828,506 shares of the technology company’s stock worth $75,952,000 after acquiring an additional 333,989 shares in the last quarter. Polaris Capital Management LLC acquired a new stake in Vipshop during the fourth quarter valued at approximately $63,095,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Vipshop by 179.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,984,082 shares of the technology company’s stock valued at $62,670,000 after buying an additional 2,558,896 shares in the last quarter. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Barclays upped their target price on Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a report on Tuesday, February 25th. Benchmark restated a “hold” rating on shares of Vipshop in a research report on Wednesday, November 20th. StockNews.com upgraded Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Finally, Citigroup cut their price objective on Vipshop from $18.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, November 20th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $15.75.

Vipshop Price Performance

NYSE VIPS opened at $16.84 on Friday. The firm has a market cap of $8.64 billion, a PE ratio of 8.06, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30. Vipshop Holdings Limited has a one year low of $11.50 and a one year high of $18.08. The stock’s 50 day simple moving average is $14.73 and its 200 day simple moving average is $14.24.

Vipshop (NYSE:VIPS) last posted its quarterly earnings results 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). The company had revenue of $4.55 billion during 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 analysts expect that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.

Vipshop Dividend Announcement

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

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.