Invesco Ltd. Boosts Stake in Vipshop Holdings Limited (NYSE:VIPS)

Invesco Ltd. grew its stake in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 28.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,759,150 shares of the technology company's stock after purchasing an additional 1,718,159 shares during the quarter. Invesco Ltd. owned approximately 1.51% of Vipshop worth $104,516,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Blue Trust Inc. grew its position in shares of Vipshop by 17.5% during the 4th quarter. Blue Trust Inc. now owns 9,972 shares of the technology company's stock worth $134,000 after buying an additional 1,487 shares in the last quarter. Atomi Financial Group Inc. lifted its stake in Vipshop by 10.8% in the fourth quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company's stock worth $165,000 after acquiring an additional 1,191 shares during the period. Vontobel Holding Ltd. bought a new position in Vipshop during the 4th quarter worth about $165,000. Wilmington Savings Fund Society FSB purchased a new position in Vipshop during the 4th quarter valued at about $175,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in shares of Vipshop in the 4th quarter valued at about $210,000. 48.82% of the stock is currently owned by institutional investors.

Vipshop Trading Up 0.4 %

Shares of VIPS stock traded up $0.05 during trading hours on Friday, hitting $12.44. The company's stock had a trading volume of 3,170,374 shares, compared to its average volume of 3,932,578. The stock has a market cap of $6.38 billion, a PE ratio of 5.95, a price-to-earnings-growth ratio of 1.52 and a beta of 0.53. Vipshop Holdings Limited has a 12-month low of $11.50 and a 12-month high of $17.94. The company has a 50 day moving average of $15.19 and a 200 day moving average of $14.54.

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

Vipshop Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be issued a $0.43 dividend. This represents a yield of 2.9%. The ex-dividend date is Friday, April 11th. Vipshop's payout ratio is presently 24.24%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Barclays increased their price objective on shares of Vipshop from $19.00 to $20.00 and gave the company an "overweight" rating in a research note on Tuesday, February 25th. Citigroup cut Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 target price on the stock. in a research report on Tuesday, April 1st. Finally, StockNews.com upgraded shares of Vipshop from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Five 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, the stock has an average rating of "Hold" and a consensus target price of $15.30.

Vipshop 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.