Vipshop Holdings Limited (NYSE:VIPS) Shares Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC boosted its stake in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 6.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 883,240 shares of the technology company's stock after purchasing an additional 51,909 shares during the period. Los Angeles Capital Management LLC owned approximately 0.15% of Vipshop worth $15,686,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of VIPS. Ariose Capital Management Ltd purchased a new stake in Vipshop during the fourth quarter worth $35,498,000. Krane Funds Advisors LLC grew its position in shares of Vipshop by 14.2% during the 3rd quarter. Krane Funds Advisors LLC now owns 13,062,322 shares of the technology company's stock valued at $209,128,000 after acquiring an additional 1,622,703 shares during the period. Carmignac Gestion grew its position in shares of Vipshop by 32,313.4% during the 3rd quarter. Carmignac Gestion now owns 1,561,030 shares of the technology company's stock valued at $24,953,000 after acquiring an additional 1,556,214 shares during the period. Ninety One UK Ltd increased its stake in shares of Vipshop by 291.1% in the 4th quarter. Ninety One UK Ltd now owns 1,788,026 shares of the technology company's stock valued at $31,755,000 after purchasing an additional 1,330,802 shares in the last quarter. Finally, Yunqi Capital Ltd acquired a new position in Vipshop in the 3rd quarter worth about $19,473,000. Hedge funds and other institutional investors own 48.82% of the company's stock.

Analysts Set New Price Targets

VIPS has been the topic of several research analyst reports. HSBC dropped their price objective on Vipshop from $22.90 to $19.00 and set a "hold" rating on the stock in a report on Thursday, March 28th. Benchmark restated a "buy" rating and set a $29.00 price objective on shares of Vipshop in a research report on Thursday, February 29th. Citigroup increased their price objective on shares of Vipshop from $20.00 to $21.00 and gave the company a "buy" rating in a report on Tuesday, January 23rd. Finally, StockNews.com raised shares of Vipshop from a "buy" rating to a "strong-buy" rating in a research note on Friday, April 19th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Vipshop currently has an average rating of "Buy" and a consensus target price of $21.13.

Vipshop Trading Up 2.4 %

VIPS traded up $0.39 on Friday, hitting $16.45. 3,597,477 shares of the company's stock were exchanged, compared to its average volume of 3,796,784. The firm has a 50-day moving average price of $16.83 and a 200-day moving average price of $16.27. The stock has a market cap of $9.64 billion, a price-to-earnings ratio of 8.10 and a beta of 0.44. 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 released its quarterly earnings data on Wednesday, February 28th. The technology company reported $5.79 EPS for the quarter, beating analysts' consensus estimates of $0.64 by $5.15. The company 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%. Vipshop's quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.47 EPS. On average, equities analysts predict that Vipshop Holdings Limited will post 2.24 EPS for the current year.

Vipshop Announces Dividend

The business also recently announced an annual dividend, which was paid on Monday, April 8th. Shareholders of record on Friday, March 15th were paid a $0.43 dividend. This represents a dividend yield of 2.3%. The ex-dividend date of this dividend was Thursday, March 14th. Vipshop's dividend payout ratio (DPR) is presently 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.