15,114 Shares in Vipshop Holdings Limited (NYSE:VIPS) Purchased by Quantbot Technologies LP

Quantbot Technologies LP purchased a new position in shares of Vipshop Holdings Limited (NYSE:VIPSFree Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 15,114 shares of the technology company’s stock, valued at approximately $242,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Natixis purchased a new position in Vipshop during the 4th quarter worth approximately $27,000. Castleview Partners LLC purchased a new position in Vipshop during the 2nd quarter worth approximately $38,000. Impact Partnership Wealth LLC purchased a new position in shares of Vipshop in the 3rd quarter valued at approximately $41,000. PNC Financial Services Group Inc. grew its stake in shares of Vipshop by 18.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,781 shares of the technology company’s stock valued at $65,000 after purchasing an additional 730 shares during the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in shares of Vipshop in the 1st quarter valued at approximately $102,000. Hedge funds and other institutional investors own 49.84% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on VIPS. TheStreet upgraded Vipshop from a “c+” rating to a “b-” rating in a research note on Thursday, December 21st. StockNews.com downgraded Vipshop from a “strong-buy” rating to a “buy” rating in a research note on Thursday. Benchmark reiterated a “buy” rating and issued a $19.00 target price on shares of Vipshop in a research note on Wednesday, November 15th. Finally, Citigroup lifted their target price on Vipshop from $20.00 to $21.00 and gave the company a “buy” rating in a research note on Tuesday, January 23rd. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, Vipshop presently has an average rating of “Moderate Buy” and an average price target of $18.29.

Read Our Latest Stock Report on VIPS

Vipshop Price Performance

Vipshop stock opened at $16.79 on Friday. Vipshop Holdings Limited has a 1-year low of $13.14 and a 1-year high of $19.13. The company has a market cap of $9.84 billion, a PE ratio of 9.28 and a beta of 0.38. The stock’s 50 day moving average price is $16.33 and its 200 day moving average price is $15.92.

Vipshop (NYSE:VIPSGet Free Report) last issued its quarterly earnings data on Tuesday, November 14th. The technology company reported $3.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $2.93. The firm had revenue of $21.08 billion during the quarter, compared to analysts’ expectations of $34.36 billion. Vipshop had a return on equity of 21.00% and a net margin of 6.74%. Vipshop’s revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.28 earnings per share. On average, equities research analysts anticipate that Vipshop Holdings Limited will post 1.95 EPS for the current fiscal year.

About Vipshop

(Free Report)

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, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.

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Institutional Ownership by Quarter for Vipshop (NYSE:VIPS)

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