Vipshop Holdings Limited $VIPS Shares Bought by American Century Companies Inc.

American Century Companies Inc. grew its position in Vipshop Holdings Limited (NYSE:VIPS) by 10.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,197,834 shares of the technology company’s stock after purchasing an additional 201,712 shares during the quarter. American Century Companies Inc. owned about 0.43% of Vipshop worth $43,165,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Central Asset Investments & Management Holdings HK Ltd purchased a new position in Vipshop during the 2nd quarter worth $256,000. Campbell & CO Investment Adviser LLC increased its position in Vipshop by 230.5% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 94,421 shares of the technology company’s stock valued at $1,854,000 after buying an additional 65,848 shares in the last quarter. Thrivent Financial for Lutherans purchased a new stake in Vipshop in the third quarter valued at about $3,401,000. Quadrant Capital Group LLC raised its stake in Vipshop by 721.9% in the second quarter. Quadrant Capital Group LLC now owns 126,094 shares of the technology company’s stock valued at $1,898,000 after buying an additional 110,752 shares during the last quarter. Finally, BRIGHT VALLEY CAPITAL Ltd boosted its holdings in Vipshop by 335.0% in the second quarter. BRIGHT VALLEY CAPITAL Ltd now owns 17,400 shares of the technology company’s stock worth $262,000 after acquiring an additional 13,400 shares in the last quarter. 48.82% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Wall Street Zen lowered Vipshop from a “buy” rating to a “hold” rating in a research note on Sunday, January 4th. Barclays lifted their target price on shares of Vipshop from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, November 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Vipshop in a research report on Monday, December 29th. Zacks Research upgraded shares of Vipshop from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 20th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Vipshop in a report on Thursday, November 20th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $20.65.

Vipshop Price Performance

Vipshop stock opened at $15.97 on Friday. The stock has a market capitalization of $8.19 billion, a PE ratio of 8.03, a price-to-earnings-growth ratio of 1.34 and a beta of 0.67. The business has a 50 day simple moving average of $17.48 and a 200-day simple moving average of $18.33. Vipshop Holdings Limited has a 12 month low of $12.14 and a 12 month high of $21.08.

Vipshop Increases Dividend

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

About Vipshop

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.