107,016 Shares in Vipshop Holdings Limited $VIPS Bought by CenterBook Partners LP

CenterBook Partners LP purchased a new stake in Vipshop Holdings Limited (NYSE:VIPS - Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 107,016 shares of the technology company's stock, valued at approximately $1,339,000.

A number of other hedge funds also recently made changes to their positions in the stock. Carmignac Gestion grew its position in Vipshop by 9.8% during the second quarter. Carmignac Gestion now owns 4,920,324 shares of the technology company's stock valued at $65,166,000 after acquiring an additional 439,795 shares during the period. Hsbc Holdings PLC increased its position in shares of Vipshop by 0.4% during the first quarter. Hsbc Holdings PLC now owns 2,327,725 shares of the technology company's stock worth $36,592,000 after acquiring an additional 9,395 shares during the last quarter. Lazard Asset Management LLC raised its position in shares of Vipshop by 0.9% in the 1st quarter. Lazard Asset Management LLC now owns 970,371 shares of the technology company's stock valued at $15,254,000 after purchasing an additional 8,470 shares in the last quarter. Wellington Management Group LLP boosted its stake in Vipshop by 15.0% during the 2nd quarter. Wellington Management Group LLP now owns 702,863 shares of the technology company's stock valued at $9,320,000 after acquiring an additional 91,892 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Vipshop in the 2nd quarter worth about $7,947,000. Institutional investors and hedge funds own 48.82% of the company's stock.

Vipshop Stock Performance

Shares of NYSE:VIPS opened at $13.66 on Tuesday. The stock has a market capitalization of $6.54 billion, a price-to-earnings ratio of 4.52, a price-to-earnings-growth ratio of 2.17 and a beta of 0.59. Vipshop Holdings Limited has a 1-year low of $12.02 and a 1-year high of $20.49. The company's fifty day moving average is $12.78 and its two-hundred day moving average is $14.54.

Vipshop (NYSE:VIPS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The technology company reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by ($0.47). Vipshop had a return on equity of 12.63% and a net margin of 9.88%. The business had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.64 billion. Sell-side analysts expect that Vipshop Holdings Limited will post 1.63 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on VIPS shares. Morgan Stanley set a $16.00 target price on shares of Vipshop in a research note on Wednesday, August 26th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Vipshop in a research note on Friday, August 21st. Wall Street Zen lowered Vipshop from a "buy" rating to a "hold" rating in a report on Monday, August 24th. Nomura cut Vipshop from a "buy" rating to a "neutral" rating and set a $14.00 price objective on the stock. in a research note on Thursday, August 27th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Vipshop currently has an average rating of "Hold" and a consensus price target of $17.16.

About Vipshop

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