Dodge & Cox Grows Position in Vipshop Holdings Limited $VIPS

Key Points

• Dodge & Cox increased its stake in Vipshop Holdings Limited by **16.5%** during the first quarter, now holding **118,797 shares** valued at approximately **$1.86 million**.
• Other institutional investors, including Krane Funds Advisors LLC and Robeco Institutional Asset Management, also increased their holdings, indicating a **growing interest** in Vipshop.
• Research firms have adjusted their price targets for Vipshop, with Barclays reducing it from **$20.00 to $19.00**, while the stock maintains a **consensus rating of "Moderate Buy"**.

Dodge & Cox lifted its position in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 16.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,797 shares of the technology company's stock after acquiring an additional 16,800 shares during the quarter. Dodge & Cox's holdings in Vipshop were worth $1,863,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wayfinding Financial LLC bought a new stake in shares of Vipshop in the first quarter valued at about $35,000. Brooklyn Investment Group raised its holdings in Vipshop by 1,695.2% in the first quarter. Brooklyn Investment Group now owns 2,621 shares of the technology company's stock worth $41,000 after purchasing an additional 2,475 shares in the last quarter. Atlas Capital Advisors Inc. raised its holdings in Vipshop by 41.5% in the first 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. Sound Income Strategies LLC bought a new position in Vipshop in the first quarter worth about $62,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in Vipshop in the first quarter worth about $86,000. 48.82% of the stock is currently owned by institutional investors.

Vipshop Stock Performance

NYSE VIPS traded down $0.13 during trading hours on Thursday, reaching $16.74. The stock had a trading volume of 1,353,092 shares, compared to its average volume of 3,476,433. The stock has a fifty day moving average of $15.64 and a 200 day moving average of $15.05. The stock has a market cap of $8.58 billion, a P/E ratio of 9.10, a price-to-earnings-growth ratio of 1.91 and a beta of 0.54. Vipshop Holdings Limited has a 52-week low of $12.14 and a 52-week high of $17.94.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on VIPS shares. Bank of America reduced their target price on shares of Vipshop from $17.80 to $17.30 and set a "buy" rating for the company in a report on Friday, July 18th. Barclays cut their price objective on shares of Vipshop from $20.00 to $19.00 and set an "overweight" rating on the stock in a report on Thursday, May 22nd. JPMorgan Chase & Co. cut their price objective on shares of Vipshop from $20.00 to $18.00 and set an "overweight" rating on the stock in a report on Monday, June 30th. Wall Street Zen downgraded shares of Vipshop from a "buy" rating to a "hold" rating in a report on Thursday, May 29th. Finally, Citigroup upped their price objective on shares of Vipshop from $17.00 to $19.00 and gave the company a "neutral" rating in a report on Friday, August 15th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $18.33.

Vipshop 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.