One Capital Management LLC lowered its stake in shares of Vipshop Holdings Ltd – (NYSE:VIPS) by 12.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 226,564 shares of the technology company’s stock after selling 33,021 shares during the quarter. One Capital Management LLC’s holdings in Vipshop were worth $1,237,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in the stock. Hennessy Advisors Inc. purchased a new stake in shares of Vipshop in the 4th quarter valued at about $69,000. Wetherby Asset Management Inc. purchased a new stake in Vipshop in the 4th quarter worth approximately $82,000. Steward Partners Investment Advisory LLC lifted its holdings in Vipshop by 94.3% in the 3rd quarter. Steward Partners Investment Advisory LLC now owns 27,400 shares of the technology company’s stock worth $171,000 after buying an additional 13,300 shares during the period. Advisors Asset Management Inc. lifted its stake in shares of Vipshop by 426.0% in the 4th quarter. Advisors Asset Management Inc. now owns 36,008 shares of the technology company’s stock valued at $197,000 after purchasing an additional 29,162 shares during the period. Finally, KBC Group NV lifted its stake in shares of Vipshop by 8.9% in the 4th quarter. KBC Group NV now owns 40,845 shares of the technology company’s stock valued at $223,000 after purchasing an additional 3,333 shares during the period. Institutional investors and hedge funds own 48.28% of the company’s stock.
Shares of Vipshop stock opened at $7.42 on Tuesday. The company has a current ratio of 1.12, a quick ratio of 0.89 and a debt-to-equity ratio of 0.03. Vipshop Holdings Ltd – has a 52-week low of $4.30 and a 52-week high of $19.14. The stock has a market cap of $4.89 billion, a PE ratio of 12.79 and a beta of 2.06.
Vipshop (NYSE:VIPS) last announced its quarterly earnings data on Wednesday, November 14th. The technology company reported $0.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.07. The business had revenue of $17.83 billion for the quarter, compared to the consensus estimate of $17.59 billion. Vipshop had a net margin of 2.57% and a return on equity of 13.12%. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.91 earnings per share. Equities analysts anticipate that Vipshop Holdings Ltd – will post 0.45 earnings per share for the current fiscal year.
A number of analysts have commented on VIPS shares. Citigroup reduced their target price on Vipshop to $5.40 and set a “sell” rating for the company in a report on Monday, October 15th. Benchmark decreased their target price on Vipshop from $12.00 to $10.00 and set a “buy” rating on the stock in a research report on Friday, November 16th. Zacks Investment Research raised Vipshop from a “sell” rating to a “buy” rating and set a $6.00 price objective on the stock in a research note on Wednesday, October 17th. Finally, ValuEngine raised Vipshop from a “strong sell” rating to a “sell” rating in a research note on Monday, February 4th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. Vipshop currently has a consensus rating of “Hold” and a consensus price target of $10.61.
Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China. It operates in two segments, Vip.com and Internet Finance Business. The company offers women's apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men shoes for casual and formal occasions; and accessories that include belts, jewelry, watches, and glasses for women and men.
Further Reading: Balance Sheet
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