Segall Bryant & Hamill LLC reduced its stake in shares of Vipshop Holdings Limited (NYSE:VIPS – Free Report) by 21.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 75,800 shares of the technology company’s stock after selling 20,200 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Vipshop were worth $1,021,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Blue Trust Inc. increased its position in Vipshop by 17.5% in the 4th quarter. Blue Trust Inc. now owns 9,972 shares of the technology company’s stock worth $134,000 after purchasing an additional 1,487 shares during the last quarter. Polymer Capital Management HK LTD acquired a new position in Vipshop in the third quarter worth approximately $175,000. Atomi Financial Group Inc. increased its holdings in Vipshop by 10.8% in the fourth quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company’s stock worth $165,000 after buying an additional 1,191 shares during the last quarter. Vontobel Holding Ltd. bought a new position in Vipshop during the fourth quarter valued at approximately $165,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Vipshop in the fourth quarter valued at approximately $175,000. 48.82% of the stock is owned by hedge funds and other institutional investors.
Vipshop Price Performance
VIPS stock opened at $16.11 on Friday. The company has a 50-day moving average of $15.51 and a two-hundred day moving average of $14.56. The stock has a market capitalization of $8.27 billion, a price-to-earnings ratio of 7.71, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30. Vipshop Holdings Limited has a 52-week low of $11.50 and a 52-week high of $17.94.
Vipshop Announces Dividend
The business 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 $0.43 dividend. This represents a yield of 2.9%. The ex-dividend date of this dividend is Friday, April 11th. Vipshop’s dividend payout ratio (DPR) is presently 24.24%.
Wall Street Analysts Forecast Growth
VIPS has been the topic of a number of recent research reports. Barclays raised their price target on shares of Vipshop from $19.00 to $20.00 and gave the company an “overweight” rating in a report on Tuesday, February 25th. StockNews.com upgraded Vipshop from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $15.10.
View Our Latest Stock Analysis on Vipshop
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.
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