Vipshop Holdings Limited (NYSE:VIPS) Shares Purchased by Wellington Management Group LLP

Wellington Management Group LLP grew its holdings in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 378.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 465,352 shares of the technology company's stock after purchasing an additional 367,999 shares during the quarter. Wellington Management Group LLP owned approximately 0.09% of Vipshop worth $6,268,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. The Manufacturers Life Insurance Company boosted its position in Vipshop by 4.2% in the third quarter. The Manufacturers Life Insurance Company now owns 76,431 shares of the technology company's stock valued at $1,202,000 after buying an additional 3,062 shares during the last quarter. Quantinno Capital Management LP lifted its position in shares of Vipshop by 16.9% during the 3rd quarter. Quantinno Capital Management LP now owns 15,811 shares of the technology company's stock valued at $249,000 after buying an additional 2,284 shares in the last quarter. National Bank of Canada FI increased its holdings in Vipshop by 3,647.0% in the 3rd quarter. National Bank of Canada FI now owns 389,799 shares of the technology company's stock worth $6,132,000 after acquiring an additional 379,396 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Vipshop by 5.7% during the third quarter. Geode Capital Management LLC now owns 3,256,744 shares of the technology company's stock valued at $50,937,000 after purchasing an additional 176,037 shares in the last quarter. Finally, Tidal Investments LLC acquired a new position in shares of Vipshop during the 3rd quarter worth about $599,000. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

Vipshop Stock Down 0.8 %

NYSE VIPS traded down $0.10 on Wednesday, hitting $12.48. 618,205 shares of the stock were exchanged, compared to its average volume of 3,907,903. The company has a 50-day moving average price of $15.30 and a 200-day moving average price of $14.58. The company has a market cap of $6.40 billion, a PE ratio of 5.96, a PEG ratio of 1.52 and a beta of 0.53. Vipshop Holdings Limited has a fifty-two week low of $11.50 and a fifty-two week high of $17.94.

Vipshop (NYSE:VIPS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The technology company reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by ($0.05). The business 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, equities research analysts predict that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal year.

Vipshop Dividend Announcement

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

Analysts Set New Price Targets

VIPS has been the subject of several recent research reports. Citigroup downgraded Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price objective for the company. in a research note on Tuesday, April 1st. Barclays lifted 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. Finally, StockNews.com raised 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. According to MarketBeat, 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.