Teachers Retirement System of The State of Kentucky Acquires 256,680 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Teachers Retirement System of The State of Kentucky increased its stake in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 23.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,374,840 shares of the technology company's stock after purchasing an additional 256,680 shares during the quarter. Teachers Retirement System of The State of Kentucky owned approximately 0.27% of Vipshop worth $18,519,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VIPS. Blue Trust Inc. increased its holdings in shares of Vipshop by 17.5% in the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company's stock worth $134,000 after purchasing an additional 1,487 shares during the last quarter. Jump Financial LLC bought a new position in shares of Vipshop during the 4th quarter worth $161,000. Atomi Financial Group Inc. raised its holdings in shares of Vipshop by 10.8% in the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company's stock valued at $165,000 after purchasing an additional 1,191 shares in the last quarter. Vontobel Holding Ltd. purchased a new stake in Vipshop during the fourth quarter worth $165,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Vipshop in the fourth quarter valued at about $175,000. 48.82% of the stock is currently owned by institutional investors.

Vipshop Trading Up 1.5 %

Shares of NYSE:VIPS traded up $0.19 on Friday, hitting $13.26. The company had a trading volume of 2,649,815 shares, compared to its average volume of 3,924,197. The company has a market cap of $6.81 billion, a PE ratio of 6.34, a PEG ratio of 1.52 and a beta of 0.53. The business has a 50 day moving average of $14.91 and a 200 day moving average of $14.37. Vipshop Holdings Limited has a 52-week low of $11.50 and a 52-week high of $17.94.

Vipshop (NYSE:VIPS - Get Free Report) last issued its 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 firm had revenue of $4.55 billion during the quarter, compared to analyst estimates of $3.82 billion. Vipshop had a net margin of 7.50% and a return on equity of 20.89%. As a group, equities analysts predict that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Vipshop Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 11th were issued a $0.43 dividend. 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%.

Analyst Ratings Changes

VIPS has been the topic of a number of research analyst reports. Citigroup lowered Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price target on the stock. in a research note on Tuesday, April 1st. StockNews.com upgraded Vipshop from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Finally, Barclays boosted their price target on Vipshop from $19.00 to $20.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 25th. 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 presently has a consensus rating of "Hold" and a consensus price target of $15.30.

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