Vipshop Holdings Limited (NYSE:VIPS) Shares Sold by Aubrey Capital Management Ltd

Aubrey Capital Management Ltd lowered its position in Vipshop Holdings Limited (NYSE:VIPS) by 16.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 738,230 shares of the technology company’s stock after selling 144,300 shares during the quarter. Vipshop makes up about 5.6% of Aubrey Capital Management Ltd’s investment portfolio, making the stock its 7th largest holding. Aubrey Capital Management Ltd owned 0.13% of Vipshop worth $13,111,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Ariose Capital Management Ltd bought a new position in shares of Vipshop in the fourth quarter valued at about $35,498,000. Krane Funds Advisors LLC raised its position in shares of Vipshop by 14.2% in the third quarter. Krane Funds Advisors LLC now owns 13,062,322 shares of the technology company’s stock valued at $209,128,000 after purchasing an additional 1,622,703 shares during the period. Carmignac Gestion raised its position in shares of Vipshop by 32,313.4% in the third quarter. Carmignac Gestion now owns 1,561,030 shares of the technology company’s stock valued at $24,953,000 after purchasing an additional 1,556,214 shares during the period. Ninety One UK Ltd raised its position in shares of Vipshop by 291.1% in the fourth quarter. Ninety One UK Ltd now owns 1,788,026 shares of the technology company’s stock valued at $31,755,000 after purchasing an additional 1,330,802 shares during the period. Finally, Yunqi Capital Ltd bought a new position in Vipshop during the third quarter worth about $19,473,000. Institutional investors and hedge funds own 48.82% of the company’s stock.

Vipshop Stock Performance

Shares of VIPS traded down $0.01 during mid-day trading on Friday, reaching $15.73. The company had a trading volume of 3,467,353 shares, compared to its average volume of 3,308,816. The company’s 50 day simple moving average is $16.96 and its 200 day simple moving average is $16.27. Vipshop Holdings Limited has a 1-year low of $13.80 and a 1-year high of $20.19. The company has a market capitalization of $9.22 billion, a price-to-earnings ratio of 7.75 and a beta of 0.41.

Vipshop (NYSE:VIPS) last posted its quarterly earnings results on Wednesday, February 28th. The technology company reported $5.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $5.15. Vipshop had a net margin of 7.20% and a return on equity of 23.19%. The company had revenue of $34.67 billion for the quarter, compared to the consensus estimate of $33.18 billion. During the same period last year, the company posted $0.47 EPS. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. As a group, equities analysts forecast that Vipshop Holdings Limited will post 2.24 earnings per share for the current fiscal year.

Vipshop Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Monday, April 8th. Investors of record on Friday, March 15th were given a dividend of $0.43 per share. The ex-dividend date was Thursday, March 14th. This represents a yield of 2.3%. Vipshop’s dividend payout ratio is presently 20.20%.

Analysts Set New Price Targets

A number of research firms recently commented on VIPS. HSBC lowered their price target on shares of Vipshop from $22.90 to $19.00 and set a “hold” rating on the stock in a research report on Thursday, March 28th. Citigroup raised their price target on shares of Vipshop from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. StockNews.com raised shares of Vipshop from a “buy” rating to a “strong-buy” rating in a research report on Friday, April 19th. Finally, Benchmark reissued a “buy” rating and issued a $29.00 target price on shares of Vipshop in a report on Thursday, February 29th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $21.13.

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, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.