Dimensional Fund Advisors LP Purchases 993,042 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Dimensional Fund Advisors LP increased its position in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 14.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,063,150 shares of the technology company's stock after acquiring an additional 993,042 shares during the period. Dimensional Fund Advisors LP owned about 1.57% of Vipshop worth $108,608,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Caas Capital Management LP acquired a new position in shares of Vipshop during the 4th quarter worth $1,327,000. Vanguard Group Inc. grew its position in Vipshop by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 13,961,402 shares of the technology company's stock valued at $188,060,000 after acquiring an additional 79,254 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Vipshop by 53.8% during the fourth quarter. JPMorgan Chase & Co. now owns 2,597,664 shares of the technology company's stock worth $34,991,000 after acquiring an additional 908,669 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Vipshop by 16.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,035,334 shares of the technology company's stock worth $27,416,000 after acquiring an additional 286,604 shares during the last quarter. Finally, Polymer Capital Management HK LTD boosted its stake in shares of Vipshop by 2,302.0% in the 4th quarter. Polymer Capital Management HK LTD now owns 267,300 shares of the technology company's stock valued at $3,601,000 after purchasing an additional 256,172 shares in the last quarter. 48.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on VIPS. StockNews.com raised shares of Vipshop from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Citigroup lowered Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price objective on the stock. in a research report on Tuesday, April 1st. Finally, Barclays increased their target price on Vipshop from $19.00 to $20.00 and gave the company an "overweight" rating in a research report on Tuesday, February 25th. Five research analysts have rated the stock with a hold rating and two 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 an average target price of $15.30.

Vipshop Stock Down 0.8 %

Vipshop stock traded down $0.11 during trading hours on Wednesday, reaching $13.61. 2,240,676 shares of the company's stock were exchanged, compared to its average volume of 3,911,971. The firm has a market capitalization of $6.99 billion, a PE ratio of 6.51, a PEG ratio of 1.52 and a beta of 0.53. The firm's 50 day simple moving average is $14.88 and its 200 day simple moving average is $14.31. Vipshop Holdings Limited has a twelve month low of $11.50 and a twelve month high of $17.94.

Vipshop (NYSE:VIPS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The technology company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.05). The business had revenue of $4.55 billion during the quarter, compared to analyst estimates of $3.82 billion. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. Analysts anticipate that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Vipshop Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were issued a dividend of $0.43 per share. The ex-dividend date was Friday, April 11th. This represents a dividend yield of 2.9%. Vipshop's dividend payout ratio is currently 24.24%.

Vipshop Company 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.