Leonteq Securities AG Invests $2.15 Million in Vipshop Holdings Limited $VIPS

Leonteq Securities AG acquired a new position in Vipshop Holdings Limited (NYSE:VIPSFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 121,564 shares of the technology company’s stock, valued at approximately $2,150,000.

Several other institutional investors have also recently made changes to their positions in the stock. Krane Funds Advisors LLC raised its stake in shares of Vipshop by 24.9% in the third quarter. Krane Funds Advisors LLC now owns 17,185,535 shares of the technology company’s stock worth $320,424,000 after buying an additional 3,426,079 shares during the period. Invesco Ltd. grew its position in shares of Vipshop by 87.2% during the third quarter. Invesco Ltd. now owns 16,715,656 shares of the technology company’s stock worth $328,295,000 after purchasing an additional 7,785,027 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Vipshop by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 10,148,017 shares of the technology company’s stock worth $179,518,000 after purchasing an additional 149,758 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Vipshop by 2.0% during the third quarter. Dimensional Fund Advisors LP now owns 8,467,566 shares of the technology company’s stock worth $166,182,000 after purchasing an additional 163,770 shares in the last quarter. Finally, State Street Corp grew its position in shares of Vipshop by 2.1% during the second quarter. State Street Corp now owns 7,147,094 shares of the technology company’s stock worth $107,564,000 after purchasing an additional 143,614 shares in the last quarter. Institutional investors own 48.82% of the company’s stock.

Analyst Ratings Changes

VIPS has been the subject of several research analyst reports. JPMorgan Chase & Co. cut their target price on Vipshop from $22.00 to $21.00 and set an “overweight” rating for the company in a research report on Tuesday, March 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Vipshop in a research report on Friday, March 27th. Jefferies Financial Group reiterated a “buy” rating on shares of Vipshop in a research report on Thursday, February 26th. Finally, Nomura upgraded Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 target price for the company in a research report on Friday, February 27th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $20.48.

Check Out Our Latest Stock Report on Vipshop

Vipshop Price Performance

NYSE VIPS opened at $14.20 on Thursday. The stock has a market capitalization of $6.80 billion, a PE ratio of 7.14, a P/E/G ratio of 1.16 and a beta of 0.67. The business has a 50 day simple moving average of $15.07 and a two-hundred day simple moving average of $17.17. Vipshop Holdings Limited has a 1-year low of $13.35 and a 1-year high of $21.08.

Vipshop (NYSE:VIPSGet Free Report) last released its quarterly earnings results on Thursday, May 21st. The technology company reported $3.39 earnings per share for the quarter, beating the consensus estimate of $0.68 by $2.71. The business had revenue of $3.85 billion during the quarter, compared to analysts’ expectations of $3.85 billion. Vipshop had a return on equity of 16.86% and a net margin of 6.84%. On average, analysts anticipate that Vipshop Holdings Limited will post 2.28 EPS for the current fiscal year.

Vipshop Increases Dividend

The company also recently declared an annual dividend, which was paid on Friday, April 24th. Shareholders of record on Friday, April 10th were issued a dividend of $0.62 per share. The ex-dividend date was Friday, April 10th. This represents a yield of 411.0%. This is a boost from Vipshop’s previous annual dividend of $0.43. Vipshop’s dividend payout ratio (DPR) is 30.15%.

Vipshop Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vipshop (NYSE:VIPS)

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