Sei Investments Co. Has $21.50 Million Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Sei Investments Co. decreased its stake in Vipshop Holdings Limited (NYSE:VIPS) by 0.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,596,039 shares of the technology company’s stock after selling 13,470 shares during the quarter. Sei Investments Co. owned 0.31% of Vipshop worth $21,499,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VIPS. Polaris Capital Management LLC acquired a new stake in shares of Vipshop in the 4th quarter valued at approximately $63,095,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of 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 worth $62,670,000 after purchasing an additional 2,558,896 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Vipshop during the third quarter worth $14,938,000. Hhlr Advisors LTD. increased its position in shares of Vipshop by 6.2% in the 3rd quarter. Hhlr Advisors LTD. now owns 15,720,322 shares of the technology company’s stock valued at $247,281,000 after buying an additional 914,322 shares in the last quarter. Finally, Janus Henderson Group PLC acquired a new stake in Vipshop during the 3rd quarter worth $6,331,000. Institutional investors own 48.82% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Barclays increased their target price on Vipshop from $19.00 to $20.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 25th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Vipshop has a consensus rating of “Hold” and an average target price of $15.75.

Vipshop Stock Performance

NYSE:VIPS opened at $16.35 on Thursday. The stock has a 50-day simple moving average of $15.39 and a 200 day simple moving average of $14.53. Vipshop Holdings Limited has a 52-week low of $11.50 and a 52-week high of $17.94. The company has a market cap of $8.39 billion, a PE ratio of 7.82, a PEG ratio of 1.52 and a beta of 0.30.

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

Vipshop Dividend Announcement

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

Vipshop Company 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.