Grantham Mayo Van Otterloo & Co. LLC Has $26.40 Million Holdings in Vipshop Holdings Limited $VIPS

Grantham Mayo Van Otterloo & Co. LLC increased its stake in shares of Vipshop Holdings Limited (NYSE:VIPS) by 173.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,343,921 shares of the technology company’s stock after buying an additional 852,300 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned 0.26% of Vipshop worth $26,395,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Krane Funds Advisors LLC grew its position in Vipshop by 24.9% in the third quarter. Krane Funds Advisors LLC now owns 17,185,535 shares of the technology company’s stock valued at $320,424,000 after acquiring an additional 3,426,079 shares during the period. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Vipshop by 2.7% during the third quarter. Robeco Institutional Asset Management B.V. now owns 12,204,449 shares of the technology company’s stock valued at $239,695,000 after acquiring an additional 323,058 shares during the period. Invesco Ltd. boosted its stake in shares of Vipshop by 9.3% in the 2nd quarter. Invesco Ltd. now owns 8,930,629 shares of the technology company’s stock valued at $134,406,000 after purchasing an additional 760,377 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Vipshop by 2.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 8,467,566 shares of the technology company’s stock valued at $166,182,000 after purchasing an additional 163,770 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of Vipshop by 2.1% in the 2nd quarter. State Street Corp now owns 7,147,094 shares of the technology company’s stock worth $107,564,000 after purchasing an additional 143,614 shares during the last quarter. Institutional investors and hedge funds own 48.82% of the company’s stock.

Vipshop Price Performance

Vipshop stock opened at $15.97 on Monday. The firm has a market capitalization of $8.19 billion, a price-to-earnings ratio of 8.03, a PEG ratio of 1.34 and a beta of 0.66. The company’s 50 day simple moving average is $17.48 and its 200 day simple moving average is $18.35. Vipshop Holdings Limited has a fifty-two week low of $12.14 and a fifty-two week high of $21.08.

Vipshop Increases Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on VIPS shares. Wall Street Zen cut shares of Vipshop from a “buy” rating to a “hold” rating in a research report on Sunday, January 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Vipshop in a report on Monday, December 29th. Benchmark reiterated a “hold” rating on shares of Vipshop in a research note on Friday, November 21st. Zacks Research raised Vipshop from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 20th. Finally, JPMorgan Chase & Co. increased their price target on Vipshop from $21.00 to $22.00 and gave the stock an “overweight” rating in a research report on Friday, November 21st. Five 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 has a consensus rating of “Moderate Buy” and a consensus price target of $20.65.

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.