Robeco Institutional Asset Management B.V. Sells 1,315,472 Shares of Vipshop Holdings Limited $VIPS

Robeco Institutional Asset Management B.V. cut its position in Vipshop Holdings Limited (NYSE:VIPS) by 10.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,888,977 shares of the technology company’s stock after selling 1,315,472 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 2.12% of Vipshop worth $192,626,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Mariner LLC grew its stake in shares of Vipshop by 3.2% in the third quarter. Mariner LLC now owns 18,308 shares of the technology company’s stock valued at $360,000 after buying an additional 561 shares in the last quarter. D Orazio & Associates Inc. grew its stake in shares of Vipshop by 4.3% in the third quarter. D Orazio & Associates Inc. now owns 15,119 shares of the technology company’s stock valued at $297,000 after buying an additional 618 shares in the last quarter. Lester Murray Antman dba SimplyRich grew its stake in shares of Vipshop by 0.5% in the third quarter. Lester Murray Antman dba SimplyRich now owns 146,753 shares of the technology company’s stock valued at $2,882,000 after buying an additional 685 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Vipshop by 0.6% in the third quarter. Exchange Traded Concepts LLC now owns 121,975 shares of the technology company’s stock valued at $2,396,000 after buying an additional 693 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its stake in shares of Vipshop by 0.6% in the third quarter. Quadrant Capital Group LLC now owns 126,881 shares of the technology company’s stock valued at $2,492,000 after buying an additional 787 shares in the last quarter. 48.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on VIPS. Zacks Research raised shares of Vipshop from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 20th. Jefferies Financial Group reiterated a “buy” rating on shares of Vipshop in a report on Thursday, February 26th. Nomura upgraded shares of Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Friday, February 27th. JPMorgan Chase & Co. decreased their price objective on shares of Vipshop from $22.00 to $21.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Vipshop in a report on Friday, March 27th. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $20.48.

Vipshop Price Performance

NYSE:VIPS opened at $15.07 on Friday. Vipshop Holdings Limited has a one year low of $12.14 and a one year high of $21.08. The company has a market cap of $7.73 billion, a P/E ratio of 7.57, a P/E/G ratio of 1.24 and a beta of 0.76. The firm’s fifty day moving average price is $16.42 and its two-hundred day moving average price is $18.01.

Vipshop Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Friday, April 24th. Shareholders of record on Friday, April 10th will be issued a $0.62 dividend. This is an increase from Vipshop’s previous annual dividend of $0.43. This represents a dividend yield of 411.0%. The ex-dividend date is Friday, April 10th. Vipshop’s dividend payout ratio is presently 24.12%.

About Vipshop

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.