Aviva PLC Acquires 2,500 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Aviva PLC raised its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS) by 1.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 261,100 shares of the technology company’s stock after purchasing an additional 2,500 shares during the quarter. Aviva PLC owned 0.05% of Vipshop worth $3,517,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. increased its stake in Vipshop by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 13,961,402 shares of the technology company’s stock valued at $188,060,000 after purchasing an additional 79,254 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Vipshop by 1.3% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 11,107,555 shares of the technology company’s stock valued at $149,619,000 after purchasing an additional 139,320 shares in the last quarter. Norges Bank bought a new stake in Vipshop during the 4th quarter valued at $64,115,000. Polaris Capital Management LLC bought a new stake in Vipshop during the 4th quarter valued at $63,095,000. Finally, Geode Capital Management LLC increased its stake in Vipshop by 9.7% during the 4th quarter. Geode Capital Management LLC now owns 3,571,808 shares of the technology company’s stock valued at $47,929,000 after purchasing an additional 315,064 shares in the last quarter. Institutional investors own 48.82% of the company’s stock.

Vipshop Stock Performance

NYSE VIPS opened at $13.32 on Thursday. Vipshop Holdings Limited has a 52-week low of $11.50 and a 52-week high of $17.94. The company has a 50-day simple moving average of $15.45 and a 200 day simple moving average of $14.64. The company has a market capitalization of $6.84 billion, a PE ratio of 6.37, a price-to-earnings-growth ratio of 1.52 and a beta of 0.53.

Vipshop (NYSE:VIPS) last posted its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.05). Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The company had revenue of $4.55 billion for the quarter, compared to analysts’ expectations of $3.82 billion. As a group, analysts forecast that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal year.

Vipshop Dividend Announcement

The firm also recently announced an annual dividend, which will be paid on Friday, April 25th. Stockholders of record on Friday, April 11th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Friday, April 11th. This represents a dividend yield of 2.9%. Vipshop’s payout ratio is 24.24%.

Analyst Ratings Changes

Several research firms have recently issued reports on VIPS. StockNews.com upgraded shares of Vipshop from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Citigroup lowered shares of Vipshop from a “buy” rating to a “neutral” rating and set a $18.00 target price for the company. in a research note on Tuesday, April 1st. Finally, Barclays upped their target price on shares of Vipshop from $19.00 to $20.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 25th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price 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.