Vanguard Group Inc. Buys 79,254 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Vanguard Group Inc. increased its position in Vipshop Holdings Limited (NYSE:VIPS) by 0.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 13,961,402 shares of the technology company’s stock after acquiring an additional 79,254 shares during the quarter. Vanguard Group Inc.’s holdings in Vipshop were worth $188,060,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VIPS. LPL Financial LLC lifted its stake in shares of Vipshop by 114.9% in the fourth quarter. LPL Financial LLC now owns 24,164 shares of the technology company’s stock worth $325,000 after buying an additional 12,919 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in Vipshop in the 4th quarter valued at approximately $2,000,000. American Century Companies Inc. boosted its stake in Vipshop by 5.9% during the 4th quarter. American Century Companies Inc. now owns 1,478,944 shares of the technology company’s stock valued at $19,921,000 after purchasing an additional 82,989 shares during the last quarter. Summit Global Investments increased its holdings in shares of Vipshop by 10.2% in the 4th quarter. Summit Global Investments now owns 52,227 shares of the technology company’s stock worth $703,000 after purchasing an additional 4,819 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Vipshop by 5.6% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 432,552 shares of the technology company’s stock worth $5,826,000 after purchasing an additional 22,849 shares during the last quarter. 48.82% of the stock is owned by hedge funds and other institutional investors.

Vipshop Stock Performance

Shares of NYSE:VIPS opened at $14.08 on Monday. The stock’s 50-day simple moving average is $15.61 and its two-hundred day simple moving average is $14.66. The stock has a market capitalization of $7.23 billion, a price-to-earnings ratio of 6.74, a PEG ratio of 1.52 and a beta of 0.53. Vipshop Holdings Limited has a 52-week low of $11.50 and a 52-week high of $17.94.

Vipshop (NYSE:VIPS) last posted its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 earnings per share (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 during the quarter, compared to analysts’ expectations of $3.82 billion. As a group, equities analysts forecast that Vipshop Holdings Limited will post 1.95 earnings per share for the current fiscal year.

Vipshop Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. 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. Finally, Citigroup cut shares of Vipshop from a “buy” rating to a “neutral” rating and set a $18.00 price objective for the company. in a report on Tuesday, April 1st. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $15.30.

Vipshop 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.