Marshall Wace LLP Takes $2.71 Million Position in Vipshop Holdings Limited (NYSE:VIPS)

Marshall Wace LLP purchased a new position in Vipshop Holdings Limited (NYSE:VIPS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 201,301 shares of the technology company's stock, valued at approximately $2,712,000.

Several other institutional investors also recently modified their holdings of the stock. Caas Capital Management LP acquired a new stake in shares of Vipshop during the fourth quarter valued at approximately $1,327,000. Vanguard Group Inc. raised its stake in Vipshop by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 13,961,402 shares of the technology company's stock valued at $188,060,000 after purchasing an additional 79,254 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Vipshop by 53.8% during the fourth quarter. JPMorgan Chase & Co. now owns 2,597,664 shares of the technology company's stock valued at $34,991,000 after buying an additional 908,669 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in Vipshop by 16.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,035,334 shares of the technology company's stock valued at $27,416,000 after buying an additional 286,604 shares during the period. Finally, Polymer Capital Management HK LTD raised its position in Vipshop by 2,302.0% during the fourth quarter. Polymer Capital Management HK LTD now owns 267,300 shares of the technology company's stock valued at $3,601,000 after buying an additional 256,172 shares during the period. Institutional investors own 48.82% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Barclays raised their price objective on Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 25th. Citigroup downgraded shares of 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, StockNews.com raised shares of Vipshop from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $15.30.

Vipshop Stock Performance

Shares of Vipshop stock traded down $0.01 during midday trading on Thursday, reaching $13.62. 1,639,947 shares of the company's stock traded hands, compared to its average volume of 3,895,846. The company has a market cap of $6.99 billion, a price-to-earnings ratio of 6.51, a price-to-earnings-growth ratio of 1.52 and a beta of 0.53. Vipshop Holdings Limited has a 52 week low of $11.50 and a 52 week high of $17.94. The company's 50 day simple moving average is $14.86 and its 200 day simple moving average is $14.31.

Vipshop (NYSE:VIPS - Get Free Report) last released 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). Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The company had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $3.82 billion. As a group, equities research analysts predict that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.

Vipshop Dividend Announcement

The company also recently declared an annual dividend, which was paid on Friday, April 25th. Shareholders of record on Friday, April 11th were issued a dividend of $0.43 per share. This represents a yield of 2.9%. The ex-dividend date of this dividend was Friday, April 11th. Vipshop's dividend payout ratio (DPR) is 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.