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

LSV Asset Management lifted its position in Vipshop Holdings Limited (NYSE:VIPSFree Report) by 7.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,939,813 shares of the technology company’s stock after purchasing an additional 415,000 shares during the quarter. LSV Asset Management owned about 1.16% of Vipshop worth $105,075,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VIPS. Krane Funds Advisors LLC grew its holdings in Vipshop by 24.9% during the 3rd quarter. Krane Funds Advisors LLC now owns 17,185,535 shares of the technology company’s stock valued at $320,424,000 after buying an additional 3,426,079 shares in the last quarter. Invesco Ltd. grew its holdings in Vipshop by 87.2% during the 3rd quarter. Invesco Ltd. now owns 16,715,656 shares of the technology company’s stock valued at $328,295,000 after buying an additional 7,785,027 shares in the last quarter. Vanguard Group Inc. grew its holdings in Vipshop by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 10,148,017 shares of the technology company’s stock valued at $179,518,000 after buying an additional 149,758 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Vipshop by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 8,467,566 shares of the technology company’s stock valued at $166,182,000 after buying an additional 163,770 shares in the last quarter. Finally, State Street Corp grew its holdings in Vipshop by 2.1% during the 2nd quarter. State Street Corp now owns 7,147,094 shares of the technology company’s stock valued at $107,564,000 after buying an additional 143,614 shares in the last quarter. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VIPS has been the subject of several research analyst reports. UBS Group set a $18.50 price target on Vipshop and gave the company a “buy” rating in a report on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Vipshop in a report on Friday, March 27th. Jefferies Financial Group restated a “buy” rating on shares of Vipshop in a report on Thursday, February 26th. Nomura upgraded Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 price target for the company in a report on Friday, February 27th. Finally, Benchmark restated a “hold” rating on shares of Vipshop in a report on Friday. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $20.20.

View Our Latest Analysis on Vipshop

Key Stories Impacting Vipshop

Here are the key news stories impacting Vipshop this week:

Vipshop Price Performance

Shares of NYSE VIPS opened at $14.39 on Friday. The business’s 50 day moving average is $15.00 and its two-hundred day moving average is $17.13. Vipshop Holdings Limited has a 1-year low of $13.35 and a 1-year high of $21.08. The stock has a market capitalization of $6.89 billion, a P/E ratio of 6.76, a PEG ratio of 1.19 and a beta of 0.67.

Vipshop Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, April 24th. Shareholders of record on Friday, April 10th were paid a dividend of $0.62 per share. The ex-dividend date of this dividend was Friday, April 10th. This is an increase from Vipshop’s previous annual dividend of $0.43. This represents a yield of 411.0%. Vipshop’s payout ratio is presently 28.17%.

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.

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Institutional Ownership by Quarter for Vipshop (NYSE:VIPS)

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