Teachers Retirement System of The State of Kentucky Purchases 104,000 Shares of Vipshop Holdings Limited $VIPS

Key Points

• Teachers Retirement System of Kentucky bought 104,000 shares of Vipshop, raising its stake to 1,836,920 shares (0.36% of the company) worth about $32.50 million at the end of the quarter.
• Dividend increase: Vipshop raised its annual dividend to $0.62 per share (paid April 24), up from $0.43, with a reported payout ratio of 30.15% and a stated yield of 411.0% in the article.
• Analyst outlook is mixed-to-positive with a consensus rating of "Moderate Buy" and a consensus price target of $20.48, after several firms adjusted ratings and targets (e.g., Nomura upgraded to Buy with a $22 target; JPMorgan trimmed its target to $21).

Teachers Retirement System of The State of Kentucky lifted its stake in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 6.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,836,920 shares of the technology company's stock after purchasing an additional 104,000 shares during the period. Teachers Retirement System of The State of Kentucky owned 0.36% of Vipshop worth $32,496,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Richardson Financial Services Inc. boosted its position in shares of Vipshop by 153.8% in the 4th quarter. Richardson Financial Services Inc. now owns 2,063 shares of the technology company's stock worth $36,000 after purchasing an additional 1,250 shares during the last quarter. Global Retirement Partners LLC boosted its position in shares of Vipshop by 575.5% in the 3rd quarter. Global Retirement Partners LLC now owns 2,925 shares of the technology company's stock worth $57,000 after purchasing an additional 2,492 shares during the last quarter. Cooper Investors PTY Ltd. bought a new position in shares of Vipshop in the 4th quarter worth $58,000. Huntington National Bank boosted its position in shares of Vipshop by 36.3% in the 3rd quarter. Huntington National Bank now owns 4,530 shares of the technology company's stock worth $89,000 after purchasing an additional 1,207 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its position in shares of Vipshop by 148.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 8,163 shares of the technology company's stock worth $160,000 after purchasing an additional 4,881 shares during the last quarter. 48.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on VIPS. Zacks Research upgraded Vipshop from a "strong sell" rating to a "hold" rating in a research report on Tuesday, January 20th. JPMorgan Chase & Co. reduced their price target on Vipshop from $22.00 to $21.00 and set an "overweight" rating on the stock in a research report on Tuesday, March 31st. Wall Street Zen lowered Vipshop from a "buy" rating to a "hold" rating in a research report on Sunday, January 4th. Weiss Ratings restated a "hold (c)" rating on shares of Vipshop in a research report on Friday, March 27th. Finally, Nomura upgraded Vipshop from a "neutral" rating to a "buy" rating and set a $22.00 price target on the stock in a research report on Friday, February 27th. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $20.48.

Vipshop Trading Up 0.7%

Shares of Vipshop stock opened at $14.36 on Friday. The company has a market capitalization of $7.36 billion, a PE ratio of 7.21, a PEG ratio of 1.17 and a beta of 0.76. Vipshop Holdings Limited has a 12 month low of $13.00 and a 12 month high of $21.08. The stock's fifty day simple moving average is $15.92 and its 200 day simple moving average is $17.68.

Vipshop Increases Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, April 24th. Investors of record on Friday, April 10th were paid a dividend of $0.62 per share. This represents a yield of 411.0%. The ex-dividend date of this dividend was Friday, April 10th. This is a boost from Vipshop's previous annual dividend of $0.43. Vipshop's dividend payout ratio (DPR) is 30.15%.

Vipshop Company Profile

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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