LSV Asset Management Acquires 415,000 Shares of Vipshop Holdings Limited $VIPS

LSV Asset Management grew its holdings in shares of Vipshop Holdings Limited (NYSE:VIPSFree Report) by 7.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,939,813 shares of the technology company’s stock after buying an additional 415,000 shares during the quarter. LSV Asset Management’s holdings in Vipshop were worth $105,075,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of VIPS. Richardson Financial Services Inc. grew its stake in shares of Vipshop by 153.8% during the fourth quarter. Richardson Financial Services Inc. now owns 2,063 shares of the technology company’s stock valued at $36,000 after buying an additional 1,250 shares during the last quarter. Cooper Investors PTY Ltd. bought a new position in shares of Vipshop during the fourth quarter valued at approximately $58,000. Huntington National Bank grew its stake in shares of Vipshop by 36.3% during the third quarter. Huntington National Bank now owns 4,530 shares of the technology company’s stock valued at $89,000 after buying an additional 1,207 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of Vipshop by 104.3% during the fourth quarter. Global Retirement Partners LLC now owns 5,975 shares of the technology company’s stock valued at $106,000 after buying an additional 3,050 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of Vipshop by 229.1% during the fourth quarter. Farther Finance Advisors LLC now owns 8,648 shares of the technology company’s stock valued at $153,000 after buying an additional 6,020 shares during the last quarter. Institutional investors own 48.82% of the company’s stock.

Vipshop News Roundup

Here are the key news stories impacting Vipshop this week:

Vipshop Stock Performance

Shares of NYSE VIPS opened at $14.39 on Friday. The firm has a market capitalization of $6.89 billion, a price-to-earnings ratio of 6.76, a PEG ratio of 1.19 and a beta of 0.67. The stock has a 50 day moving average price of $15.00 and a 200 day moving average price of $17.13. Vipshop Holdings Limited has a 52-week low of $13.35 and a 52-week high of $21.08.

Vipshop Increases Dividend

The company also recently declared an annual dividend, which was paid on Friday, April 24th. Investors of record on Friday, April 10th were issued a $0.62 dividend. The ex-dividend date was Friday, April 10th. This is a positive change from Vipshop’s previous annual dividend of $0.43. This represents a dividend yield of 411.0%. Vipshop’s dividend payout ratio (DPR) is presently 28.17%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on VIPS shares. UBS Group set a $18.50 target price on Vipshop and gave the company a “buy” rating in a research note on Friday. Benchmark reaffirmed a “hold” rating on shares of Vipshop in a research note on Friday. JPMorgan Chase & Co. cut their target price on Vipshop from $22.00 to $21.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Vipshop in a report on Friday, March 27th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Vipshop in a report on Thursday, February 26th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Vipshop presently has a consensus rating of “Moderate Buy” and a consensus price target of $20.20.

Read Our Latest Analysis on VIPS

About Vipshop

(Free Report)

Vipshop Holdings Limited (NYSE:VIPS) is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.

Featured Articles

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Institutional Ownership by Quarter for Vipshop (NYSE:VIPS)

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