Dimensional Fund Advisors LP Buys 163,770 Shares of Vipshop Holdings Limited $VIPS

Dimensional Fund Advisors LP grew its stake in Vipshop Holdings Limited (NYSE:VIPS) by 2.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,467,566 shares of the technology company’s stock after acquiring an additional 163,770 shares during the period. Dimensional Fund Advisors LP owned 1.65% of Vipshop worth $166,182,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. D Orazio & Associates Inc. grew its stake in shares of Vipshop by 4.3% during the third quarter. D Orazio & Associates Inc. now owns 15,119 shares of the technology company’s stock valued at $297,000 after purchasing an additional 618 shares during the last quarter. Advisors Asset Management Inc. raised its position in Vipshop by 3.0% in the 2nd quarter. Advisors Asset Management Inc. now owns 23,072 shares of the technology company’s stock worth $347,000 after purchasing an additional 664 shares during the last quarter. Lester Murray Antman dba SimplyRich lifted its holdings in Vipshop by 0.5% during the 3rd quarter. Lester Murray Antman dba SimplyRich now owns 146,753 shares of the technology company’s stock worth $2,882,000 after buying an additional 685 shares in the last quarter. Exchange Traded Concepts LLC lifted its holdings in Vipshop by 0.6% during the 3rd quarter. Exchange Traded Concepts LLC now owns 121,975 shares of the technology company’s stock worth $2,396,000 after buying an additional 693 shares in the last quarter. Finally, Huntington National Bank boosted its position in Vipshop by 53.8% in the 2nd quarter. Huntington National Bank now owns 3,323 shares of the technology company’s stock valued at $50,000 after buying an additional 1,163 shares during the last quarter. 48.82% of the stock is currently owned by institutional investors and hedge funds.

Vipshop Trading Up 2.2%

VIPS stock opened at $16.30 on Tuesday. Vipshop Holdings Limited has a 1-year low of $12.14 and a 1-year high of $21.08. The firm has a market cap of $8.36 billion, a PE ratio of 8.19, a P/E/G ratio of 1.34 and a beta of 0.66. The business’s 50-day moving average price is $17.42 and its two-hundred day moving average price is $18.35.

Vipshop Increases Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. 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. Jefferies Financial Group reiterated a “buy” rating on shares of Vipshop in a report on Thursday, February 26th. Zacks Research upgraded Vipshop from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 20th. Benchmark reissued a “hold” rating on shares of Vipshop in a report on Friday, November 21st. Finally, Wall Street Zen downgraded shares of Vipshop from a “buy” rating to a “hold” rating in a research report on Sunday, January 4th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $20.65.

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.