Wellington Management Group LLP Boosts Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Wellington Management Group LLP grew its position in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 378.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 465,352 shares of the technology company's stock after buying an additional 367,999 shares during the quarter. Wellington Management Group LLP owned 0.09% of Vipshop worth $6,268,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. lifted its position in shares of Vipshop by 17.5% during 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 in the last quarter. Atomi Financial Group Inc. lifted its holdings in Vipshop by 10.8% during the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company's stock worth $165,000 after buying an additional 1,191 shares in the last quarter. Vontobel Holding Ltd. purchased a new position in Vipshop in the 4th quarter valued at approximately $165,000. Wilmington Savings Fund Society FSB purchased a new position in Vipshop in the 4th quarter valued at approximately $175,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Vipshop in the fourth quarter worth $210,000. Hedge funds and other institutional investors own 48.82% of the company's stock.

Vipshop Price Performance

Shares of NYSE VIPS traded up $0.28 during midday trading on Tuesday, hitting $12.70. 2,132,638 shares of the company's stock were exchanged, compared to its average volume of 3,907,572. The firm's fifty day simple moving average is $15.35 and its 200-day simple moving average is $14.59. The company has a market cap of $6.52 billion, a PE ratio of 6.08, a P/E/G ratio of 1.52 and a beta of 0.53. Vipshop Holdings Limited has a twelve month low of $11.50 and a twelve month high of $17.94.

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Vipshop (NYSE:VIPS - Get Free Report) last announced its quarterly earnings results 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 for the quarter, compared to analyst estimates of $3.82 billion. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. Equities analysts anticipate that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal year.

Vipshop Announces Dividend

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

Analyst Ratings Changes

Several research analysts recently commented on the company. StockNews.com raised Vipshop from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Citigroup downgraded Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price objective for the company. in a research report on Tuesday, April 1st. Finally, Barclays raised their target price on shares of Vipshop from $19.00 to $20.00 and gave the company an "overweight" rating in a report on Tuesday, February 25th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target 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.