Lindbrook Capital LLC Has $35,000 Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Lindbrook Capital LLC raised its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS) by 56.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,963 shares of the technology company’s stock after acquiring an additional 708 shares during the quarter. Lindbrook Capital LLC’s holdings in Vipshop were worth $35,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Krane Funds Advisors LLC grew its stake in 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 in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Vipshop by 1.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,107,037 shares of the technology company’s stock valued at $81,764,000 after buying an additional 71,335 shares in the last quarter. FMR LLC grew its stake in shares of Vipshop by 2.7% in the 3rd quarter. FMR LLC now owns 4,830,783 shares of the technology company’s stock valued at $77,341,000 after buying an additional 127,135 shares in the last quarter. Schroder Investment Management Group grew its stake in shares of Vipshop by 2.8% in the 3rd quarter. Schroder Investment Management Group now owns 3,731,068 shares of the technology company’s stock valued at $59,734,000 after buying an additional 100,457 shares in the last quarter. Finally, Origin Asset Management LLP grew its stake in shares of Vipshop by 50.7% in the 3rd quarter. Origin Asset Management LLP now owns 3,547,530 shares of the technology company’s stock valued at $56,796,000 after buying an additional 1,193,500 shares in the last quarter. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Analysts Set New Price Targets

VIPS has been the subject of several recent research reports. HSBC lowered their price target on Vipshop from $22.90 to $19.00 and set a “hold” rating for the company in a research note on Thursday, March 28th. Citigroup boosted 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. Benchmark reissued a “buy” rating and issued a $29.00 price target on shares of Vipshop in a research note on Thursday, February 29th. Finally, StockNews.com raised Vipshop from a “buy” rating to a “strong-buy” rating in a research report on Friday, April 19th. 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 stock. According to data from MarketBeat.com, Vipshop currently has an average rating of “Buy” and a consensus target price of $21.13.

Vipshop Stock Down 0.1 %

Shares of VIPS stock opened at $15.73 on Friday. Vipshop Holdings Limited has a 12 month low of $13.80 and a 12 month high of $20.19. The firm has a market cap of $9.22 billion, a PE ratio of 7.75 and a beta of 0.41. The stock has a 50 day moving average of $16.96 and a 200-day moving average of $16.27.

Vipshop (NYSE:VIPS) last issued its quarterly earnings results 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 during the quarter, compared to analyst estimates of $33.18 billion. During the same period in the previous year, the company earned $0.47 earnings per share. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. As a group, equities analysts predict that Vipshop Holdings Limited will post 2.24 EPS for the current fiscal year.

Vipshop Announces Dividend

The firm also recently declared an annual dividend, which was paid on Monday, April 8th. Stockholders of record on Friday, March 15th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a dividend yield of 2.3%. Vipshop’s dividend payout ratio (DPR) is presently 20.20%.

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