Vipshop Holdings Limited $VIPS Holdings Raised by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd grew its position in Vipshop Holdings Limited (NYSE:VIPS) by 167.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 117,715 shares of the technology company’s stock after acquiring an additional 73,710 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Vipshop were worth $2,082,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Krane Funds Advisors LLC increased its holdings in shares of 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. boosted its holdings in shares of 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 buying an additional 7,785,027 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Vipshop by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 10,148,017 shares of the technology company’s stock valued at $179,518,000 after buying an additional 149,758 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of 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 buying an additional 163,770 shares during the period. Finally, State Street Corp boosted its holdings in shares of 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 buying an additional 143,614 shares during the period. 48.82% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Nomura raised Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 price target on the stock in a report on Friday, February 27th. JPMorgan Chase & Co. cut their price target on Vipshop from $22.00 to $21.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Vipshop in a report on Friday, March 27th. Zacks Research raised Vipshop from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 20th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Vipshop in a report on Thursday, February 26th. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Vipshop presently has a consensus rating of “Moderate Buy” and an average target price of $20.48.

Vipshop Stock Down 1.3%

VIPS stock opened at $13.97 on Friday. Vipshop Holdings Limited has a fifty-two week low of $13.35 and a fifty-two week high of $21.08. The company has a market capitalization of $6.69 billion, a P/E ratio of 7.02, a PEG ratio of 1.17 and a beta of 0.67. The company has a 50-day simple moving average of $15.19 and a 200 day simple moving average of $17.27.

Vipshop Increases Dividend

The company also recently announced an annual dividend, which was paid on Friday, April 24th. Investors of record on Friday, April 10th were issued a dividend of $0.62 per share. The ex-dividend date of this dividend was Friday, April 10th. This is a positive change from Vipshop’s previous annual dividend of $0.43. This represents a yield of 411.0%. Vipshop’s dividend payout ratio is presently 30.15%.

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.