Marshall Wace LLP Invests $2.71 Million in Vipshop Holdings Limited (NYSE:VIPS)

Marshall Wace LLP acquired a new stake in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 201,301 shares of the technology company's stock, valued at approximately $2,712,000.

A number of other hedge funds have also bought and sold shares of the company. Blue Trust Inc. grew its holdings in shares of Vipshop by 17.5% in the fourth 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. Jump Financial LLC bought a new position in shares of Vipshop in the fourth quarter worth about $161,000. Atomi Financial Group Inc. grew its holdings in shares of 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 purchasing an additional 1,191 shares during the last quarter. Vontobel Holding Ltd. bought a new position in shares of Vipshop in the fourth quarter worth about $165,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Vipshop in the fourth quarter worth about $175,000. Institutional investors own 48.82% of the company's stock.

Vipshop Price Performance

Shares of VIPS stock traded up $0.07 during mid-day trading on Tuesday, hitting $13.73. 3,119,497 shares of the stock traded hands, compared to its average volume of 3,918,660. The stock has a market cap of $7.05 billion, a P/E ratio of 6.57, a P/E/G ratio of 1.52 and a beta of 0.53. The stock's fifty day moving average is $14.88 and its two-hundred day moving average is $14.31. Vipshop Holdings Limited has a 52-week low of $11.50 and a 52-week high of $17.94.

Vipshop (NYSE:VIPS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.05). The company had revenue of $4.55 billion during the quarter, compared to analysts' expectations of $3.82 billion. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. As a group, equities analysts forecast that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal year.

Vipshop Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 11th were paid a $0.43 dividend. This represents a dividend yield of 2.9%. The ex-dividend date was Friday, April 11th. Vipshop's dividend payout ratio is currently 24.24%.

Analysts Set New Price Targets

VIPS has been the topic of several recent research reports. Citigroup cut shares of Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 target price on the stock. in a report on Tuesday, April 1st. StockNews.com upgraded shares of Vipshop from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Finally, Barclays increased their target price on shares of Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Vipshop presently has a consensus rating of "Hold" and a consensus target price 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.