GF Fund Management CO. LTD. Acquires Shares of 526,661 Vipshop Holdings Limited (NYSE:VIPS)

GF Fund Management CO. LTD. purchased a new position in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 526,661 shares of the technology company's stock, valued at approximately $7,094,000. GF Fund Management CO. LTD. owned approximately 0.10% of Vipshop at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vise Technologies Inc. increased its position in shares of Vipshop by 60.5% in the fourth quarter. Vise Technologies Inc. now owns 40,006 shares of the technology company's stock valued at $539,000 after acquiring an additional 15,081 shares during the last quarter. Vident Advisory LLC grew its stake in Vipshop by 67.8% in the fourth quarter. Vident Advisory LLC now owns 32,426 shares of the technology company's stock valued at $437,000 after purchasing an additional 13,106 shares in the last quarter. Two Sigma Advisers LP increased its position in shares of Vipshop by 36.8% during the 4th quarter. Two Sigma Advisers LP now owns 148,200 shares of the technology company's stock worth $1,996,000 after purchasing an additional 39,900 shares during the last quarter. Two Sigma Investments LP increased its position in shares of Vipshop by 290.8% during the 4th quarter. Two Sigma Investments LP now owns 203,600 shares of the technology company's stock worth $2,742,000 after purchasing an additional 151,500 shares during the last quarter. Finally, Tidal Investments LLC raised its stake in shares of Vipshop by 22.1% during the 4th quarter. Tidal Investments LLC now owns 46,543 shares of the technology company's stock worth $627,000 after purchasing an additional 8,432 shares in the last quarter. 48.82% of the stock is owned by institutional investors.

Vipshop Stock Down 2.5%

Shares of Vipshop stock traded down $0.35 during trading on Friday, reaching $13.76. The company's stock had a trading volume of 1,841,053 shares, compared to its average volume of 3,823,435. The business's 50-day moving average price is $14.04 and its 200-day moving average price is $14.29. Vipshop Holdings Limited has a 52 week low of $11.50 and a 52 week high of $17.94. The firm has a market cap of $7.06 billion, a PE ratio of 6.58, a P/E/G ratio of 1.52 and a beta of 0.60.

Vipshop (NYSE:VIPS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.05). Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The business had revenue of $4.55 billion during the quarter, compared to analyst estimates of $3.82 billion. Equities analysts predict that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on VIPS shares. Citigroup cut shares of Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 target price for the company. in a research note on Tuesday, April 1st. Barclays cut their price target on shares of Vipshop from $20.00 to $19.00 and set an "overweight" rating for the company in a research note on Thursday, May 22nd. Finally, Wall Street Zen downgraded shares of Vipshop from a "buy" rating to a "hold" rating in a research report on Thursday. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $15.10.

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.