APG Asset Management N.V. maintained its stake in shares of Vipshop Holdings Limited (NYSE:VIPS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,235,157 shares of the technology company’s stock at the end of the second quarter. APG Asset Management N.V. owned approximately 0.21% of Vipshop Holdings Limited worth $13,031,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Advisors Preferred LLC bought a new position in shares of Vipshop Holdings Limited during the first quarter worth about $134,000. Envestnet Asset Management Inc. boosted its position in shares of Vipshop Holdings Limited by 31.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 10,478 shares of the technology company’s stock worth $116,000 after buying an additional 2,521 shares during the last quarter. Murphy Capital Management Inc. bought a new position in shares of Vipshop Holdings Limited during the second quarter worth about $111,000. Koch Industries Inc. acquired a new stake in Vipshop Holdings Limited during the first quarter worth $151,000. Finally, United Capital Financial Advisers LLC acquired a new stake in Vipshop Holdings Limited during the first quarter worth $152,000. Institutional investors own 68.10% of the company’s stock.
Vipshop Holdings Limited (NYSE VIPS) traded down 3.33% during mid-day trading on Friday, hitting $9.86. The company had a trading volume of 19,038,259 shares. The firm has a market capitalization of $5.79 billion, a PE ratio of 19.52 and a beta of 1.90. Vipshop Holdings Limited has a 12-month low of $9.84 and a 12-month high of $16.24. The company’s 50 day moving average price is $11.30 and its 200-day moving average price is $12.61.
Vipshop Holdings Limited (NYSE:VIPS) last released its quarterly earnings data on Wednesday, August 16th. The technology company reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by $0.01. The business had revenue of $17.52 billion during the quarter, compared to the consensus estimate of $17.30 billion. Vipshop Holdings Limited had a return on equity of 42.46% and a net margin of 3.17%. The firm’s quarterly revenue was up 30.3% on a year-over-year basis. During the same period last year, the business posted $0.17 earnings per share. On average, analysts forecast that Vipshop Holdings Limited will post $0.81 EPS for the current fiscal year.
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A number of equities research analysts recently weighed in on VIPS shares. J P Morgan Chase & Co raised Vipshop Holdings Limited from a “neutral” rating to an “overweight” rating and set a $18.00 price target for the company in a report on Tuesday, May 16th. Jefferies Group LLC reiterated a “buy” rating and issued a $17.00 price objective on shares of Vipshop Holdings Limited in a research report on Friday, May 19th. Deutsche Bank AG lowered Vipshop Holdings Limited from a “buy” rating to a “hold” rating and decreased their price objective for the company from $15.50 to $12.60 in a research report on Friday, June 30th. TheStreet lowered Vipshop Holdings Limited from a “b” rating to a “c+” rating in a research report on Monday, June 19th. Finally, Stifel Nicolaus raised their price target on Vipshop Holdings Limited from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, May 16th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $14.44.
About Vipshop Holdings Limited
Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms.
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