Krane Funds Advisors LLC Has $226.32 Million Stock Holdings in Vipshop Holdings Limited $VIPS

Krane Funds Advisors LLC decreased its position in shares of Vipshop Holdings Limited (NYSE:VIPS) by 25.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,793,590 shares of the technology company’s stock after selling 4,391,945 shares during the quarter. Vipshop makes up 7.3% of Krane Funds Advisors LLC’s holdings, making the stock its 6th largest holding. Krane Funds Advisors LLC owned 2.50% of Vipshop worth $226,319,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Prudential PLC lifted its position in shares of Vipshop by 16.0% in the fourth quarter. Prudential PLC now owns 1,240,584 shares of the technology company’s stock valued at $21,946,000 after acquiring an additional 170,872 shares in the last quarter. Vise Technologies Inc. raised its stake in Vipshop by 2.4% during the 4th quarter. Vise Technologies Inc. now owns 57,861 shares of the technology company’s stock valued at $1,024,000 after purchasing an additional 1,339 shares during the period. Daiwa Securities Group Inc. lifted its holdings in Vipshop by 5.2% in the 4th quarter. Daiwa Securities Group Inc. now owns 44,200 shares of the technology company’s stock worth $782,000 after purchasing an additional 2,200 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Vipshop by 22.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,168,350 shares of the technology company’s stock worth $38,358,000 after purchasing an additional 395,397 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Vipshop by 2.9% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 378,830 shares of the technology company’s stock worth $6,702,000 after purchasing an additional 10,842 shares during the period. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Analyst Ratings Changes

VIPS has been the topic of several recent analyst reports. 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, May 22nd. Benchmark reiterated a “hold” rating on shares of Vipshop in a research note on Friday, May 22nd. JPMorgan Chase & Co. dropped their price objective on shares of Vipshop from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Tuesday, March 31st. Jefferies Financial Group reaffirmed a “buy” rating on shares of Vipshop in a report on Thursday, February 26th. Finally, Weiss Ratings downgraded Vipshop from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Vipshop has an average rating of “Moderate Buy” and an average target price of $20.20.

Vipshop Trading Down 0.0%

Shares of NYSE VIPS opened at $13.53 on Monday. Vipshop Holdings Limited has a 12-month low of $13.52 and a 12-month high of $21.08. The firm’s 50-day moving average price is $14.71 and its 200-day moving average price is $16.79. The stock has a market capitalization of $6.48 billion, a price-to-earnings ratio of 6.35, a P/E/G ratio of 1.35 and a beta of 0.64.

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.