Vipshop Holdings Limited $VIPS Shares Bought by KBC Group NV

KBC Group NV raised its holdings in Vipshop Holdings Limited (NYSE:VIPS) by 31.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 140,581 shares of the technology company’s stock after acquiring an additional 33,754 shares during the period. KBC Group NV’s holdings in Vipshop were worth $2,487,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Krane Funds Advisors LLC raised its holdings in Vipshop by 24.9% in the 3rd quarter. Krane Funds Advisors LLC now owns 17,185,535 shares of the technology company’s stock valued at $320,424,000 after acquiring an additional 3,426,079 shares during the last quarter. Invesco Ltd. raised its holdings in Vipshop by 87.2% in the 3rd quarter. Invesco Ltd. now owns 16,715,656 shares of the technology company’s stock valued at $328,295,000 after acquiring an additional 7,785,027 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in Vipshop by 2.7% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 12,204,449 shares of the technology company’s stock valued at $239,695,000 after acquiring an additional 323,058 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Vipshop by 2.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 8,467,566 shares of the technology company’s stock valued at $166,182,000 after acquiring an additional 163,770 shares during the last quarter. Finally, State Street Corp raised its holdings in Vipshop by 2.1% in the 2nd quarter. State Street Corp now owns 7,147,094 shares of the technology company’s stock valued at $107,564,000 after acquiring an additional 143,614 shares during the last quarter. 48.82% of the stock is currently owned by institutional investors and hedge funds.

Vipshop Trading Down 1.7%

Shares of VIPS opened at $15.33 on Tuesday. The firm has a market capitalization of $7.86 billion, a P/E ratio of 7.70, a price-to-earnings-growth ratio of 1.29 and a beta of 0.76. The stock’s fifty day simple moving average is $16.16 and its 200 day simple moving average is $17.83. Vipshop Holdings Limited has a twelve month low of $12.21 and a twelve month high of $21.08.

Vipshop Increases Dividend

The company also recently announced an annual dividend, which will be paid on Friday, April 24th. Investors of record on Friday, April 10th will be given a $0.62 dividend. This is an increase from Vipshop’s previous annual dividend of $0.43. The ex-dividend date of this dividend is Friday, April 10th. This represents a dividend yield of 411.0%. Vipshop’s dividend payout ratio is 30.15%.

Analysts Set New Price Targets

Several research analysts have weighed in on VIPS shares. JPMorgan Chase & Co. cut their price target on Vipshop from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Tuesday, March 31st. Nomura upgraded Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 price target for the company in a report on Friday, February 27th. Zacks Research upgraded Vipshop from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Vipshop in a report on Friday, March 27th. Finally, Wall Street Zen downgraded Vipshop from a “buy” rating to a “hold” rating in a report on Sunday, January 4th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Vipshop has an average rating of “Moderate Buy” and an average target price of $20.48.

Vipshop Profile

Vipshop Holdings Limited (NYSE:VIPS) is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.