Vipshop Holdings Limited (NYSE:VIPS) Shares Purchased by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky increased its position in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 23.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,374,840 shares of the technology company's stock after purchasing an additional 256,680 shares during the period. Teachers Retirement System of The State of Kentucky owned 0.27% of Vipshop worth $18,519,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Blue Trust Inc. boosted its position in shares of Vipshop by 17.5% in the 4th quarter. Blue Trust Inc. now owns 9,972 shares of the technology company's stock valued at $134,000 after purchasing an additional 1,487 shares during the period. Jump Financial LLC purchased a new stake in shares of Vipshop in the fourth quarter valued at about $161,000. Atomi Financial Group Inc. raised 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 valued at $165,000 after buying an additional 1,191 shares during the last quarter. Vontobel Holding Ltd. acquired a new stake in shares of Vipshop during the fourth quarter worth about $165,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Vipshop during the fourth quarter worth about $175,000. Hedge funds and other institutional investors own 48.82% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on VIPS shares. Barclays boosted their target price on Vipshop from $19.00 to $20.00 and gave the company an "overweight" rating in a report on Tuesday, February 25th. StockNews.com raised shares of Vipshop from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Finally, Citigroup cut shares of Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 target price for the company. in a research note on Tuesday, April 1st. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $15.30.

Vipshop Stock Performance

Vipshop stock traded up $0.15 during midday trading on Wednesday, reaching $12.93. The company's stock had a trading volume of 4,031,935 shares, compared to its average volume of 3,925,947. The firm has a market capitalization of $6.64 billion, a PE ratio of 6.19, a P/E/G ratio of 1.52 and a beta of 0.53. Vipshop Holdings Limited has a fifty-two week low of $11.50 and a fifty-two week high of $17.94. The stock's 50 day simple moving average is $14.98 and its 200 day simple moving average is $14.42.

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). Vipshop had a net margin of 7.50% and a return on equity of 20.89%. The company had revenue of $4.55 billion during the quarter, compared to analyst estimates of $3.82 billion. Equities analysts predict that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.

Vipshop Announces Dividend

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

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.