Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires 22,849 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 5.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 432,552 shares of the technology company's stock after acquiring an additional 22,849 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.08% of Vipshop worth $5,826,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. raised 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 valued at $134,000 after purchasing an additional 1,487 shares during the last quarter. Atomi Financial Group Inc. grew its position in Vipshop by 10.8% in the 4th 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 in the last quarter. Vontobel Holding Ltd. purchased a new stake in Vipshop in the 4th quarter valued at about $165,000. Polymer Capital Management HK LTD bought a new position in shares of Vipshop during the 3rd quarter worth approximately $175,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Vipshop in the 4th quarter worth approximately $175,000. 48.82% of the stock is owned by institutional investors.

Vipshop Price Performance

NYSE:VIPS traded down $0.43 during mid-day trading on Tuesday, reaching $15.98. 1,342,053 shares of the company's stock traded hands, compared to its average volume of 3,753,046. Vipshop Holdings Limited has a 12-month low of $11.50 and a 12-month high of $17.94. The company has a 50 day moving average price of $15.27 and a 200-day moving average price of $14.49. The firm has a market capitalization of $8.20 billion, a price-to-earnings ratio of 7.66, a PEG ratio of 1.52 and a beta of 0.30.

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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 analysts' consensus estimates of $0.70 by ($0.05). The business had revenue of $4.55 billion during the quarter, compared to analysts' expectations of $3.82 billion. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. As a group, analysts forecast that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Vipshop Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Barclays raised their price objective on shares of Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a report on Tuesday, February 25th. StockNews.com upgraded Vipshop from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Vipshop currently has an average rating of "Hold" and a consensus target price of $15.75.

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.