Vipshop Holdings Limited $VIPS Stock Holdings Lowered by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lowered its stake in Vipshop Holdings Limited (NYSE:VIPS) by 0.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,585,454 shares of the technology company’s stock after selling 89,157 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 2.84% of Vipshop worth $169,954,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Caitong International Asset Management Co. Ltd increased its holdings in Vipshop by 8,472.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,143 shares of the technology company’s stock valued at $38,000 after buying an additional 2,118 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Vipshop by 100.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,721 shares of the technology company’s stock worth $58,000 after acquiring an additional 1,864 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of Vipshop during the 2nd quarter worth approximately $58,000. State of Wyoming boosted its position in shares of Vipshop by 10,007.7% during the 1st quarter. State of Wyoming now owns 6,570 shares of the technology company’s stock worth $103,000 after acquiring an additional 6,505 shares in the last quarter. Finally, Ramsey Quantitative Systems acquired a new position in Vipshop during the second quarter valued at approximately $117,000. Institutional investors and hedge funds own 48.82% of the company’s stock.

Vipshop Trading Down 3.0%

VIPS opened at $12.58 on Thursday. The company’s 50 day moving average is $13.03 and its 200-day moving average is $13.89. Vipshop Holdings Limited has a 1-year low of $12.02 and a 1-year high of $20.49. The company has a market cap of $6.02 billion, a P/E ratio of 4.16, a PEG ratio of 2.04 and a beta of 0.57.

Vipshop (NYSE:VIPS) last announced its quarterly earnings results on Wednesday, August 26th. The technology company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.47). Vipshop had a net margin of 9.88% and a return on equity of 12.63%. The company had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.64 billion. On average, equities analysts forecast that Vipshop Holdings Limited will post 1.63 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on VIPS. Weiss Ratings restated a “hold (c-)” rating on shares of Vipshop in a research note on Friday, August 21st. Citigroup reduced their target price on Vipshop from $15.30 to $13.00 and set a “neutral” rating on the stock in a report on Tuesday, September 29th. Morgan Stanley set a $16.00 price target on Vipshop in a research note on Wednesday, August 26th. JPMorgan Chase & Co. lowered their price target on Vipshop from $21.00 to $17.00 and set an “overweight” rating for the company in a report on Thursday, September 10th. Finally, Barclays lowered their price target on Vipshop from $20.00 to $19.00 and set an “overweight” rating for the company in a report on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Vipshop presently has a consensus rating of “Hold” and an average target price of $17.16.

Vipshop Company Profile

Vipshop Holdings Limited (NYSE: VIPS) operates an online discount retail platform in China. Through its Vipshop website and mobile applications, the company offers branded products at promotional prices, with a focus on limited-time and seasonal sales.

Its product categories include apparel, footwear, accessories, beauty and personal-care products, home goods, consumer electronics, and other lifestyle merchandise. Vipshop sources products from brand owners, retailers, and other suppliers, and supports transactions through online retail, warehousing, fulfillment, and customer-service operations.

Founded in 2008 and headquartered in Guangzhou, China, Vipshop primarily serves consumers in mainland China.