Aviva PLC Boosts Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Aviva PLC grew its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS) by 1.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 261,100 shares of the technology company’s stock after acquiring an additional 2,500 shares during the quarter. Aviva PLC’s holdings in Vipshop were worth $3,517,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. The Manufacturers Life Insurance Company increased its stake in shares of Vipshop by 4.2% in the third quarter. The Manufacturers Life Insurance Company now owns 76,431 shares of the technology company’s stock worth $1,202,000 after buying an additional 3,062 shares during the period. Quantinno Capital Management LP increased its stake in shares of Vipshop by 16.9% in the third quarter. Quantinno Capital Management LP now owns 15,811 shares of the technology company’s stock worth $249,000 after buying an additional 2,284 shares during the period. National Bank of Canada FI increased its stake in shares of Vipshop by 3,647.0% in the third quarter. National Bank of Canada FI now owns 389,799 shares of the technology company’s stock worth $6,132,000 after buying an additional 379,396 shares during the period. Public Employees Retirement System of Ohio purchased a new position in shares of Vipshop in the third quarter worth $14,938,000. Finally, Geode Capital Management LLC increased its stake in shares of Vipshop by 5.7% in the third quarter. Geode Capital Management LLC now owns 3,256,744 shares of the technology company’s stock worth $50,937,000 after buying an additional 176,037 shares during the period. 48.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

VIPS has been the topic of several analyst reports. Barclays lifted 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. Citigroup downgraded shares of Vipshop from a “buy” rating to a “neutral” rating and set a $18.00 price objective on the stock. in a research report on Tuesday, April 1st. Finally, StockNews.com raised shares of Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Vipshop presently has a consensus rating of “Hold” and a consensus target price of $15.30.

Vipshop Trading Up 4.8 %

Shares of VIPS stock opened at $13.32 on Thursday. Vipshop Holdings Limited has a 12 month low of $11.50 and a 12 month high of $17.94. The stock has a market cap 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. The company’s fifty day moving average price is $15.45 and its 200-day moving average price is $14.64.

Vipshop (NYSE:VIPS) last announced its earnings results on Wednesday, February 26th. The technology company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.05). Vipshop had a net margin of 7.50% and a return on equity of 20.89%. The business had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $3.82 billion. On average, sell-side analysts forecast that Vipshop Holdings Limited will post 1.95 earnings per share 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 issued a dividend of $0.43 per share. This represents a dividend yield of 2.9%. The ex-dividend date is Friday, April 11th. Vipshop’s dividend payout ratio (DPR) is presently 24.24%.

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.