OMERS ADMINISTRATION Corp Has $985,000 Stock Holdings in Vipshop Holdings Limited $VIPS

OMERS ADMINISTRATION Corp boosted its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS) by 87.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 65,450 shares of the technology company’s stock after acquiring an additional 30,600 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Vipshop were worth $985,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. E Fund Management Hong Kong Co. Ltd. raised its position in shares of Vipshop by 0.5% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 133,271 shares of the technology company’s stock worth $2,006,000 after purchasing an additional 657 shares during the period. Advisors Asset Management Inc. increased its stake in Vipshop by 3.0% during the 2nd quarter. Advisors Asset Management Inc. now owns 23,072 shares of the technology company’s stock worth $347,000 after purchasing an additional 664 shares in the last quarter. Atlas Capital Advisors Inc. increased its stake in Vipshop by 41.5% during the 1st quarter. Atlas Capital Advisors Inc. now owns 3,567 shares of the technology company’s stock worth $56,000 after purchasing an additional 1,046 shares in the last quarter. Huntington National Bank raised its holdings in Vipshop by 53.8% during the 2nd quarter. Huntington National Bank now owns 3,323 shares of the technology company’s stock worth $50,000 after buying an additional 1,163 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in Vipshop by 209.2% in the second quarter. Farther Finance Advisors LLC now owns 2,551 shares of the technology company’s stock valued at $38,000 after buying an additional 1,726 shares in the last quarter. 48.82% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Zacks Research downgraded shares of Vipshop from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 27th. JPMorgan Chase & Co. lifted their price target on Vipshop from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Friday, November 21st. Citigroup reaffirmed a “neutral” rating on shares of Vipshop in a research report on Thursday, November 20th. Wall Street Zen lowered Vipshop from a “buy” rating to a “hold” rating in a research report on Sunday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Vipshop in a research note on Monday. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Vipshop currently has a consensus rating of “Hold” and a consensus price target of $19.83.

Vipshop Stock Up 0.2%

NYSE:VIPS opened at $20.27 on Wednesday. Vipshop Holdings Limited has a twelve month low of $12.14 and a twelve month high of $21.08. The firm has a market capitalization of $10.39 billion, a price-to-earnings ratio of 11.01, a price-to-earnings-growth ratio of 2.11 and a beta of 0.83. The stock’s 50 day moving average price is $19.11 and its two-hundred day moving average price is $16.97.

Vipshop Company Profile

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