Deutsche Bank AG Has $13.10 Million Stock Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Deutsche Bank AG lessened its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS) by 29.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 972,620 shares of the technology company’s stock after selling 404,914 shares during the period. Deutsche Bank AG’s holdings in Vipshop were worth $13,101,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in VIPS. Caas Capital Management LP acquired a new position in Vipshop in the 4th quarter valued at approximately $1,327,000. Vanguard Group Inc. grew its stake in shares of 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 purchasing an additional 79,254 shares during the period. JPMorgan Chase & Co. grew its stake in shares of 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 purchasing an additional 908,669 shares during the period. Charles Schwab Investment Management Inc. grew its position in Vipshop by 16.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,035,334 shares of the technology company’s stock worth $27,416,000 after acquiring an additional 286,604 shares during the last quarter. Finally, Polymer Capital Management HK LTD grew its position in Vipshop by 2,302.0% during the 4th quarter. Polymer Capital Management HK LTD now owns 267,300 shares of the technology company’s stock worth $3,601,000 after acquiring an additional 256,172 shares during the last quarter. Institutional investors and hedge funds own 48.82% of the company’s stock.

Vipshop Price Performance

Shares of NYSE VIPS opened at $14.51 on Friday. The stock has a market capitalization of $7.45 billion, a price-to-earnings ratio of 6.94, a PEG ratio of 1.52 and a beta of 0.60. The business has a 50-day moving average of $14.49 and a 200-day moving average of $14.29. Vipshop Holdings Limited has a fifty-two week low of $11.50 and a fifty-two week high of $17.94.

Vipshop (NYSE:VIPS) last posted its quarterly 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). Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The business had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $3.82 billion. On average, sell-side analysts expect that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Vipshop Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have commented on VIPS. Barclays increased 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 downgraded Vipshop from a “buy” rating to a “neutral” rating and set a $18.00 price objective on the stock. in a research note on Tuesday, April 1st. Finally, StockNews.com upgraded Vipshop from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Vipshop has a consensus rating of “Hold” and a consensus price target 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.