Charles Schwab Investment Management Inc. Has $27.42 Million Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Charles Schwab Investment Management Inc. grew its stake in Vipshop Holdings Limited (NYSE:VIPS) by 16.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,035,334 shares of the technology company’s stock after purchasing an additional 286,604 shares during the period. Charles Schwab Investment Management Inc. owned about 0.40% of Vipshop worth $27,416,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Hhlr Advisors LTD. grew its position in Vipshop by 6.2% during the third quarter. Hhlr Advisors LTD. now owns 15,720,322 shares of the technology company’s stock worth $247,281,000 after buying an additional 914,322 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in shares of Vipshop by 1.3% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 11,107,555 shares of the technology company’s stock valued at $149,619,000 after acquiring an additional 139,320 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Vipshop by 7.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,828,506 shares of the technology company’s stock valued at $75,952,000 after acquiring an additional 333,989 shares during the period. Polaris Capital Management LLC acquired a new position in Vipshop in the fourth quarter worth about $63,095,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Vipshop by 179.5% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,984,082 shares of the technology company’s stock worth $62,670,000 after purchasing an additional 2,558,896 shares during the period. 48.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on VIPS shares. Barclays increased their target price on Vipshop from $19.00 to $20.00 and gave the stock an “overweight” rating in a report on Tuesday, February 25th. Citigroup dropped their price objective on Vipshop from $18.00 to $17.00 and set a “buy” rating for the company in a research note on Wednesday, November 20th. StockNews.com upgraded shares of Vipshop from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Finally, Benchmark reiterated a “hold” rating on shares of Vipshop in a research report on Wednesday, November 20th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $15.75.

Vipshop Stock Performance

Shares of VIPS stock opened at $17.77 on Tuesday. Vipshop Holdings Limited has a 52 week low of $11.50 and a 52 week high of $18.08. The stock has a market capitalization of $9.12 billion, a PE ratio of 8.50, a PEG ratio of 1.52 and a beta of 0.30. The stock’s fifty day moving average is $14.89 and its 200-day moving average is $14.34.

Vipshop (NYSE:VIPS) last issued its quarterly earnings data 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 return on equity of 20.89% and a net margin of 7.50%. The company had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $3.82 billion. As a group, analysts forecast that Vipshop Holdings Limited will post 1.95 earnings per share for the current fiscal year.

Vipshop Dividend Announcement

The company also recently disclosed an annual dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be issued a dividend of $0.43 per share. This represents a yield of 2.9%. The ex-dividend date of this dividend is Friday, April 11th. Vipshop’s dividend payout ratio is 24.24%.

Vipshop Company Profile

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.