American Century Companies Inc. Purchases 82,989 Shares of Vipshop Holdings Limited (NYSE:VIPS)

American Century Companies Inc. increased its holdings in Vipshop Holdings Limited (NYSE:VIPS) by 5.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,478,944 shares of the technology company’s stock after acquiring an additional 82,989 shares during the period. American Century Companies Inc. owned about 0.29% of Vipshop worth $19,921,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VIPS. Charles Schwab Investment Management Inc. increased its position in shares of Vipshop by 19.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,748,730 shares of the technology company’s stock valued at $27,508,000 after purchasing an additional 290,583 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in Vipshop by 15.0% during the third quarter. Daiwa Securities Group Inc. now owns 24,500 shares of the technology company’s stock worth $385,000 after buying an additional 3,200 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in Vipshop by 4.2% during the third quarter. The Manufacturers Life Insurance Company now owns 76,431 shares of the technology company’s stock worth $1,202,000 after buying an additional 3,062 shares during the last quarter. FMR LLC raised its position in Vipshop by 8.5% in the third quarter. FMR LLC now owns 2,071,160 shares of the technology company’s stock worth $32,579,000 after acquiring an additional 162,027 shares during the period. Finally, Quantbot Technologies LP boosted its stake in Vipshop by 175.7% in the third quarter. Quantbot Technologies LP now owns 85,841 shares of the technology company’s stock valued at $1,350,000 after acquiring an additional 54,700 shares during the last quarter. 48.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

VIPS has been the subject of several research analyst reports. Barclays raised their price target on shares of Vipshop from $19.00 to $20.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 25th. StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $15.10.

Vipshop Price Performance

Shares of VIPS stock opened at $16.11 on Monday. The stock has a market capitalization of $8.27 billion, a price-to-earnings ratio of 7.71, a PEG ratio of 1.52 and a beta of 0.30. The company’s fifty day simple moving average is $15.51 and its two-hundred day simple moving average is $14.59. Vipshop Holdings Limited has a 1 year low of $11.50 and a 1 year high of $17.94.

Vipshop (NYSE:VIPS) last announced its quarterly earnings results on Wednesday, February 26th. The technology company reported $0.65 earnings per share (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 firm had revenue of $4.55 billion during the quarter, compared to analysts’ expectations of $3.82 billion. Equities research analysts anticipate that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Vipshop Dividend Announcement

The firm also recently announced an annual dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be given 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 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.