Todd Asset Management LLC Purchases 337,009 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Todd Asset Management LLC lifted its holdings in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 19.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,110,710 shares of the technology company's stock after buying an additional 337,009 shares during the quarter. Todd Asset Management LLC owned about 0.41% of Vipshop worth $28,431,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Asset Management One Co. Ltd. increased its stake in shares of Vipshop by 2.0% in the 3rd quarter. Asset Management One Co. Ltd. now owns 48,963 shares of the technology company's stock valued at $770,000 after buying an additional 954 shares during the period. Atomi Financial Group Inc. boosted 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 valued at $165,000 after acquiring an additional 1,191 shares during the last quarter. Blue Trust Inc. increased its position in 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 period. Lester Murray Antman dba SimplyRich increased its position in Vipshop by 1.0% in the fourth quarter. Lester Murray Antman dba SimplyRich now owns 151,159 shares of the technology company's stock worth $2,036,000 after purchasing an additional 1,526 shares during the period. Finally, Harvest Fund Management Co. Ltd raised its holdings in Vipshop by 0.7% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 298,200 shares of the technology company's stock worth $4,691,000 after purchasing an additional 2,055 shares during the last quarter. Institutional investors and hedge funds own 48.82% of the company's stock.

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Vipshop Trading Down 2.5 %

Shares of VIPS stock traded down $0.40 on Friday, hitting $15.68. The stock had a trading volume of 7,262,760 shares, compared to its average volume of 3,872,343. The firm has a market cap of $8.05 billion, a P/E ratio of 7.50, a PEG ratio of 1.52 and a beta of 0.30. Vipshop Holdings Limited has a twelve month low of $11.50 and a twelve month high of $20.00. The company has a fifty day moving average price of $14.14 and a two-hundred day moving average price of $14.03.

Vipshop (NYSE:VIPS - Get Free Report) last posted its earnings results 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 net margin of 7.50% and a return on equity of 20.89%. The business had revenue of $4.55 billion during the quarter, compared to analyst estimates of $3.82 billion. On average, analysts expect that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.

Vipshop Dividend Announcement

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 paid a $0.43 dividend. This represents a yield of 2.9%. The ex-dividend date is Friday, April 11th. Vipshop's payout ratio is currently 24.24%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on VIPS shares. Citigroup lowered their price target on shares of Vipshop from $18.00 to $17.00 and set a "buy" rating for the company in a research report on Wednesday, November 20th. Barclays lifted 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. Benchmark reissued a "hold" rating on shares of Vipshop in a research note on Wednesday, November 20th. Finally, StockNews.com raised Vipshop from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $17.64.

Vipshop Company 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.