Vanguard Group Inc. Grows Stake in Vipshop Holdings Limited (NYSE:VIPS)

Vanguard Group Inc. grew its position in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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. owned about 2.72% of Vipshop worth $188,060,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VIPS. Polaris Capital Management LLC purchased a new stake in Vipshop in the 4th quarter worth about $63,095,000. Public Employees Retirement System of Ohio bought a new position in shares of Vipshop during the third quarter valued at approximately $14,938,000. Janus Henderson Group PLC purchased a new stake in shares of Vipshop in the third quarter worth approximately $6,331,000. National Bank of Canada FI lifted its stake in shares of Vipshop by 3,647.0% during the 3rd quarter. National Bank of Canada FI now owns 389,799 shares of the technology company's stock worth $6,132,000 after acquiring an additional 379,396 shares during the last quarter. Finally, Nan Fung Trinity HK Ltd. purchased a new position in Vipshop during the 4th quarter valued at $5,026,000. Institutional investors own 48.82% of the company's stock.

Vipshop Trading Down 4.1 %

Shares of VIPS traded down $0.54 during midday trading on Friday, reaching $12.60. 5,831,813 shares of the stock were exchanged, compared to its average volume of 3,899,559. The company's 50 day moving average is $15.39 and its two-hundred day moving average is $14.62. The company has a market capitalization of $6.47 billion, a P/E ratio of 6.03, 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.

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Vipshop (NYSE:VIPS - Get Free Report) last issued its earnings results on Wednesday, February 26th. The technology company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $3.82 billion. On average, sell-side analysts expect that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Vipshop Announces Dividend

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

Analyst Ratings Changes

A number of analysts have weighed in on VIPS shares. Barclays increased their target price on Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 25th. StockNews.com upgraded shares of Vipshop from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Finally, Citigroup lowered 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 equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Vipshop currently has an average rating of "Hold" and a consensus target price 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.