Vipshop Holdings Limited (NYSE:VIPS) Shares Sold by Deutsche Bank AG

Deutsche Bank AG lessened its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS) by 29.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 972,620 shares of the technology company’s stock after selling 404,914 shares during the period. Deutsche Bank AG owned approximately 0.19% of Vipshop worth $13,101,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in Vipshop by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 13,961,402 shares of the technology company’s stock worth $188,060,000 after buying an additional 79,254 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in shares of Vipshop by 1.3% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 11,107,555 shares of the technology company’s stock worth $149,619,000 after purchasing an additional 139,320 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Vipshop by 14.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 8,063,150 shares of the technology company’s stock worth $108,608,000 after purchasing an additional 993,042 shares during the period. Invesco Ltd. raised its holdings in shares of Vipshop by 28.4% in the 4th quarter. Invesco Ltd. now owns 7,759,150 shares of the technology company’s stock worth $104,516,000 after purchasing an additional 1,718,159 shares during the period. Finally, Norges Bank purchased a new position in shares of Vipshop in the 4th quarter worth about $64,115,000. Institutional investors and hedge funds own 48.82% of the company’s stock.

Vipshop Trading Down 2.4%

Shares of VIPS stock opened at $14.51 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 $7.45 billion, a price-to-earnings ratio of 6.94, a P/E/G ratio of 1.52 and a beta of 0.60. The stock’s fifty day simple moving average is $14.49 and its 200-day simple moving average is $14.29.

Vipshop (NYSE:VIPS) last announced 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). Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The company had revenue of $4.55 billion during 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 business also recently declared an annual dividend, which was paid on Friday, April 25th. Shareholders of record on Friday, April 11th were given a $0.43 dividend. The ex-dividend date of this dividend was Friday, April 11th. This represents a dividend yield of 2.9%. Vipshop’s dividend payout ratio is currently 24.24%.

Analyst Ratings Changes

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