Vipshop Holdings Limited (NYSE:VIPS) Stock Position Raised by North of South Capital LLP

North of South Capital LLP boosted its stake in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 5.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,993,198 shares of the technology company's stock after buying an additional 195,346 shares during the quarter. Vipshop makes up approximately 7.0% of North of South Capital LLP's portfolio, making the stock its 6th biggest position. North of South Capital LLP owned 0.78% of Vipshop worth $62,613,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Krane Funds Advisors LLC grew its position in Vipshop by 7.8% during the first quarter. Krane Funds Advisors LLC now owns 15,839,097 shares of the technology company's stock worth $248,357,000 after buying an additional 1,148,307 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Vipshop by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 13,961,402 shares of the technology company's stock valued at $188,060,000 after buying an additional 79,254 shares during the period. Robeco Institutional Asset Management B.V. grew its stake in Vipshop by 13.1% in the first quarter. Robeco Institutional Asset Management B.V. now owns 12,564,417 shares of the technology company's stock worth $197,010,000 after purchasing an additional 1,456,862 shares during the period. Dimensional Fund Advisors LP grew its holdings in Vipshop by 14.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 8,063,150 shares of the technology company's stock worth $108,608,000 after purchasing an additional 993,042 shares during the period. Finally, Invesco Ltd. raised its holdings in Vipshop by 28.4% in the 4th quarter. Invesco Ltd. now owns 7,759,150 shares of the technology company's stock worth $104,516,000 after acquiring an additional 1,718,159 shares during the last quarter. Institutional investors own 48.82% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on VIPS shares. JPMorgan Chase & Co. reduced their price objective on shares of Vipshop from $20.00 to $18.00 and set an "overweight" rating on the stock in a research report on Monday. Barclays cut their target price on Vipshop from $20.00 to $19.00 and set an "overweight" rating on the stock in a research report on Thursday, May 22nd. Citigroup cut Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price objective for the company. in a report on Tuesday, April 1st. Finally, Wall Street Zen downgraded Vipshop from a "buy" rating to a "hold" rating in a report on Thursday, May 29th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $15.58.

Vipshop Stock Down 0.1%

Vipshop stock traded down $0.02 during mid-day trading on Wednesday, reaching $15.08. 3,966,479 shares of the company's stock were exchanged, compared to its average volume of 3,644,638. Vipshop Holdings Limited has a twelve month low of $11.50 and a twelve month high of $17.94. The company has a market cap of $7.74 billion, a P/E ratio of 7.90, a P/E/G ratio of 2.57 and a beta of 0.58. The company has a fifty day moving average of $14.45 and a 200-day moving average of $14.47.

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.