Aberdeen Group plc Has $5.79 Million Stake in Vipshop Holdings Limited $VIPS

Aberdeen Group plc lowered its stake in shares of Vipshop Holdings Limited (NYSE:VIPS) by 9.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 327,248 shares of the technology company’s stock after selling 34,011 shares during the period. Aberdeen Group plc owned approximately 0.06% of Vipshop worth $5,789,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VIPS. Global Retirement Partners LLC raised its holdings in shares of Vipshop by 575.5% in the 3rd quarter. Global Retirement Partners LLC now owns 2,925 shares of the technology company’s stock worth $57,000 after purchasing an additional 2,492 shares during the period. Cooper Investors PTY Ltd. bought a new stake in shares of Vipshop in the 4th quarter worth approximately $58,000. Huntington National Bank raised its holdings in shares of Vipshop by 36.3% in the 3rd quarter. Huntington National Bank now owns 4,530 shares of the technology company’s stock worth $89,000 after purchasing an additional 1,207 shares during the period. Hantz Financial Services Inc. raised its holdings in shares of Vipshop by 148.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 8,163 shares of the technology company’s stock worth $160,000 after purchasing an additional 4,881 shares during the period. Finally, Banco BTG Pactual S.A. bought a new stake in Vipshop during the 2nd quarter valued at $181,000. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wall Street Zen cut shares of Vipshop from a “buy” rating to a “hold” rating in a report on Sunday, January 4th. Zacks Research raised shares of Vipshop from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 20th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Vipshop in a report on Thursday, February 26th. JPMorgan Chase & Co. decreased their price target on shares of Vipshop from $22.00 to $21.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vipshop in a report on Friday, March 27th. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Vipshop has a consensus rating of “Moderate Buy” and an average target price of $20.48.

Vipshop Stock Up 3.1%

NYSE VIPS opened at $15.45 on Thursday. The company has a 50-day simple moving average of $16.50 and a two-hundred day simple moving average of $18.05. Vipshop Holdings Limited has a 12-month low of $12.14 and a 12-month high of $21.08. The firm has a market cap of $7.92 billion, a price-to-earnings ratio of 7.76, a PEG ratio of 1.24 and a beta of 0.76.

Vipshop Increases Dividend

The company also recently announced an annual dividend, which will be paid on Friday, April 24th. Stockholders of record on Friday, April 10th will be issued a dividend of $0.62 per share. This is an increase from Vipshop’s previous annual dividend of $0.43. This represents a dividend yield of 342.0%. The ex-dividend date is Friday, April 10th. Vipshop’s dividend payout ratio (DPR) is currently 24.12%.

Vipshop Company 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.