Catalyst Funds Management Pty Ltd Invests $1.57 Million in Vipshop Holdings Limited $VIPS

Catalyst Funds Management Pty Ltd bought a new position in Vipshop Holdings Limited (NYSE:VIPSFree Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 88,467 shares of the technology company’s stock, valued at approximately $1,565,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Richardson Financial Services Inc. increased its position in Vipshop by 153.8% in the fourth quarter. Richardson Financial Services Inc. now owns 2,063 shares of the technology company’s stock worth $36,000 after buying an additional 1,250 shares in the last quarter. Cooper Investors PTY Ltd. purchased a new position in shares of Vipshop during the 4th quarter valued at about $58,000. Huntington National Bank lifted its position in shares of Vipshop by 36.3% during the 3rd quarter. Huntington National Bank now owns 4,530 shares of the technology company’s stock valued at $89,000 after buying an additional 1,207 shares in the last quarter. Global Retirement Partners LLC grew its stake in shares of Vipshop by 104.3% during the 4th quarter. Global Retirement Partners LLC now owns 5,975 shares of the technology company’s stock valued at $106,000 after acquiring an additional 3,050 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in shares of Vipshop by 229.1% during the 4th quarter. Farther Finance Advisors LLC now owns 8,648 shares of the technology company’s stock valued at $153,000 after acquiring an additional 6,020 shares during the period. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

Vipshop News Roundup

Here are the key news stories impacting Vipshop this week:

Vipshop Price Performance

NYSE:VIPS opened at $14.39 on Friday. The company has a market cap of $6.89 billion, a price-to-earnings ratio of 6.76, a PEG ratio of 1.19 and a beta of 0.67. Vipshop Holdings Limited has a 1 year low of $13.35 and a 1 year high of $21.08. The stock’s 50 day simple moving average is $15.00 and its two-hundred day simple moving average is $17.13.

Vipshop Increases Dividend

The firm also recently declared an annual dividend, which was paid on Friday, April 24th. Investors of record on Friday, April 10th were paid a dividend of $0.62 per share. The ex-dividend date of this dividend was Friday, April 10th. This is a positive change from Vipshop’s previous annual dividend of $0.43. This represents a yield of 411.0%. Vipshop’s payout ratio is currently 28.17%.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of Vipshop from $22.00 to $21.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 31st. Benchmark reiterated a “hold” rating on shares of Vipshop in a research report on Friday. UBS Group set a $18.50 price objective on shares of Vipshop and gave the company a “buy” rating in a research report on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Vipshop in a research note on Friday, March 27th. Finally, Nomura raised shares of Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 target price for the company in a report on Friday, February 27th. Six equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Vipshop presently has an average rating of “Moderate Buy” and a consensus target price of $20.20.

Read Our Latest Analysis on Vipshop

Vipshop Profile

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for Vipshop (NYSE:VIPS)

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