Teacher Retirement System of Texas Lowers Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Teacher Retirement System of Texas lessened its position in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 10.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 612,416 shares of the technology company's stock after selling 69,373 shares during the period. Teacher Retirement System of Texas owned approximately 0.10% of Vipshop worth $10,877,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Principal Securities Inc. bought a new position in Vipshop in the 4th quarter valued at about $703,000. National Bank of Canada FI lifted its stake in Vipshop by 22,608.4% in the 4th quarter. National Bank of Canada FI now owns 558,853 shares of the technology company's stock valued at $9,707,000 after purchasing an additional 556,392 shares during the last quarter. AJOVista LLC acquired a new stake in Vipshop in the fourth quarter valued at approximately $4,817,000. LSV Asset Management boosted its position in Vipshop by 8.6% in the fourth quarter. LSV Asset Management now owns 4,042,022 shares of the technology company's stock valued at $71,786,000 after buying an additional 319,522 shares in the last quarter. Finally, Los Angeles Capital Management LLC grew its stake in shares of Vipshop by 6.2% during the fourth quarter. Los Angeles Capital Management LLC now owns 883,240 shares of the technology company's stock worth $15,686,000 after buying an additional 51,909 shares during the last quarter. 48.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Vipshop Stock Up 5.8 %

Shares of NYSE VIPS traded up $0.92 during trading on Monday, reaching $16.82. The company had a trading volume of 4,796,716 shares, compared to its average volume of 3,606,423. The stock has a market cap of $9.12 billion, a P/E ratio of 8.29 and a beta of 0.44. The company's fifty day moving average price is $16.57 and its 200-day moving average price is $16.33. Vipshop Holdings Limited has a 12 month low of $13.80 and a 12 month 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 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $5.15. Vipshop had a return on equity of 23.19% and a net margin of 7.20%. The company had revenue of $34.67 billion for the quarter, compared to analyst estimates of $33.18 billion. During the same period in the previous year, the firm earned $0.47 earnings per share. The firm's quarterly revenue was up 9.2% on a year-over-year basis. As a group, equities analysts predict that Vipshop Holdings Limited will post 2.24 earnings per share for the current year.

Vipshop Dividend Announcement

The business also recently declared 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 dividend yield of 2.3%. The ex-dividend date was Thursday, March 14th. Vipshop's dividend payout ratio (DPR) is currently 20.20%.

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