Strs Ohio Acquires 137,300 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Strs Ohio lifted its position in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 46.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 430,890 shares of the technology company's stock after purchasing an additional 137,300 shares during the period. Strs Ohio owned about 0.07% of Vipshop worth $7,652,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. BlackRock Inc. lifted its position in shares of Vipshop by 6.1% during the first quarter. BlackRock Inc. now owns 27,113,695 shares of the technology company's stock worth $411,586,000 after purchasing an additional 1,547,139 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Vipshop by 1.0% during the first quarter. Vanguard Group Inc. now owns 16,345,728 shares of the technology company's stock worth $147,111,000 after purchasing an additional 163,532 shares in the last quarter. Krane Funds Advisors LLC lifted its position in shares of Vipshop by 14.2% during the third quarter. Krane Funds Advisors LLC now owns 13,062,322 shares of the technology company's stock worth $209,128,000 after purchasing an additional 1,622,703 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Vipshop by 10.9% during the first quarter. Dimensional Fund Advisors LP now owns 10,927,203 shares of the technology company's stock worth $98,379,000 after purchasing an additional 1,069,930 shares in the last quarter. Finally, State Street Corp increased its stake in shares of Vipshop by 2.6% in the first quarter. State Street Corp now owns 9,673,583 shares of the technology company's stock worth $87,062,000 after buying an additional 241,500 shares during the last quarter. 48.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on VIPS. Benchmark restated a "buy" rating and issued a $29.00 price target on shares of Vipshop in a research note on Thursday, February 29th. Citigroup boosted their target price on shares of Vipshop from $20.00 to $21.00 and gave the company a "buy" rating in a research note on Tuesday, January 23rd. HSBC reduced their price target on shares of Vipshop from $22.90 to $19.00 and set a "hold" rating for the company in a report on Thursday, March 28th. TheStreet raised shares of Vipshop from a "c+" rating to a "b-" rating in a report on Thursday, December 21st. Finally, StockNews.com downgraded shares of Vipshop from a "strong-buy" rating to a "buy" rating in a report on Thursday, April 11th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, Vipshop currently has a consensus rating of "Moderate Buy" and a consensus target price of $21.13.

Vipshop Trading Down 1.2 %

VIPS stock traded down $0.18 during trading on Thursday, hitting $15.15. The company had a trading volume of 6,140,565 shares, compared to its average volume of 3,535,153. The firm has a market capitalization of $8.88 billion, a price-to-earnings ratio of 7.46 and a beta of 0.41. The business has a 50 day moving average of $17.11 and a 200 day moving average of $16.28. Vipshop Holdings Limited has a fifty-two week low of $13.80 and a fifty-two week high of $20.19.

Vipshop (NYSE:VIPS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The technology company reported $5.79 earnings per share for the quarter, topping the consensus estimate of $0.64 by $5.15. The business had revenue of $34.67 billion during the quarter, compared to the consensus estimate of $33.18 billion. Vipshop had a net margin of 7.20% and a return on equity of 23.19%. The company's quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.47 earnings per share. As a group, equities analysts predict that Vipshop Holdings Limited will post 2.25 EPS for the current year.

Vipshop Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Monday, April 8th. Investors of record on Friday, March 15th were issued a $0.43 dividend. This represents a yield of 2.3%. The ex-dividend date was Thursday, March 14th. Vipshop's payout ratio is currently 20.20%.

About Vipshop

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, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.