Lingohr Asset Management GmbH Has $1.76 Million Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Lingohr Asset Management GmbH lifted its holdings in Vipshop Holdings Limited (NYSE:VIPS) by 126.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 132,472 shares of the technology company’s stock after purchasing an additional 73,897 shares during the period. Vipshop comprises approximately 3.6% of Lingohr Asset Management GmbH’s holdings, making the stock its 2nd biggest position. Lingohr Asset Management GmbH’s holdings in Vipshop were worth $1,759,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in VIPS. Hhlr Advisors LTD. raised its position in Vipshop by 6.2% in the third quarter. Hhlr Advisors LTD. now owns 15,720,322 shares of the technology company’s stock worth $247,281,000 after acquiring an additional 914,322 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in 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. Massachusetts Financial Services Co. MA raised its holdings in Vipshop by 7.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,828,506 shares of the technology company’s stock worth $75,952,000 after purchasing an additional 333,989 shares during the period. Polaris Capital Management LLC purchased a new position in Vipshop during the fourth quarter valued at $63,095,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings 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 purchasing an additional 2,558,896 shares during the period. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Barclays lifted their price objective on Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a research report on Tuesday, February 25th. Citigroup lowered their price target 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 reissued a “hold” rating on shares of Vipshop in a research note on Wednesday, November 20th. Finally, StockNews.com upgraded shares of Vipshop from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Vipshop has an average rating of “Hold” and an average target price of $15.75.

Vipshop Stock Performance

VIPS stock opened at $16.95 on Thursday. The company has a market capitalization of $8.70 billion, a PE ratio of 8.11, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30. The company’s fifty day moving average price is $15.05 and its 200-day moving average price is $14.39. Vipshop Holdings Limited has a one year low of $11.50 and a one year high of $18.08.

Vipshop (NYSE:VIPS) last released its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.05). The company had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $3.82 billion. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. On average, research analysts predict that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal year.

Vipshop Dividend Announcement

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

About Vipshop

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.