Lighthouse Investment Partners LLC Takes Position in Vipshop Holdings Limited (NYSE:VIPS)

Lighthouse Investment Partners LLC bought a new position in Vipshop Holdings Limited (NYSE:VIPS) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 147,752 shares of the technology company’s stock, valued at approximately $1,990,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VIPS. Caas Capital Management LP acquired a new stake in Vipshop during the 4th quarter worth about $1,327,000. Vanguard Group Inc. lifted its stake in Vipshop by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 13,961,402 shares of the technology company’s stock valued at $188,060,000 after buying an additional 79,254 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Vipshop by 53.8% in the 4th quarter. JPMorgan Chase & Co. now owns 2,597,664 shares of the technology company’s stock valued at $34,991,000 after buying an additional 908,669 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in 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 valued at $27,416,000 after buying an additional 286,604 shares in the last quarter. Finally, Polymer Capital Management HK LTD lifted its stake in Vipshop by 2,302.0% in the 4th quarter. Polymer Capital Management HK LTD now owns 267,300 shares of the technology company’s stock worth $3,601,000 after purchasing an additional 256,172 shares in the last quarter. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Vipshop Trading Up 0.3%

Vipshop stock opened at $14.84 on Wednesday. Vipshop Holdings Limited has a twelve month low of $11.50 and a twelve month high of $17.94. The stock’s fifty day simple moving average is $14.58 and its 200-day simple moving average is $14.28. The firm has a market capitalization of $7.62 billion, a P/E ratio of 7.10, a P/E/G ratio of 1.52 and a beta of 0.60.

Vipshop (NYSE:VIPS) last issued its earnings results on Wednesday, February 26th. The technology company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.05). The firm had revenue of $4.55 billion for the quarter, compared to analyst estimates of $3.82 billion. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. Sell-side analysts predict that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.

Vipshop Announces Dividend

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

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. StockNews.com raised shares of Vipshop from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Barclays lifted their target price on shares of Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a report on Tuesday, February 25th. Finally, Citigroup downgraded shares of Vipshop from a “buy” rating to a “neutral” rating and set a $18.00 target price for the company. in a report on Tuesday, April 1st. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $15.30.

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.