Nykredit A S Takes $2.35 Million Position in Vipshop Holdings Limited $VIPS

Key Points

• Nykredit A/S purchased 177,114 Vipshop shares during the second quarter, establishing a position valued at approximately $2.35 million. Institutional investors collectively own 48.82% of the company.
• Analyst sentiment is mixed but centers on a “Hold” consensus, with an average price target of $18.52. Ratings include one Strong Buy, three Buys, four Holds and two Sells.
• Vipshop’s latest quarterly earnings fell short of expectations, reporting $0.12 in EPS versus the $0.59 consensus, while revenue matched estimates at $3.64 billion. Shares opened at $13.20, near the company’s 52-week low of $12.65.

Nykredit A S bought a new stake in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 177,114 shares of the technology company's stock, valued at approximately $2,349,000.

A number of other institutional investors also recently modified their holdings of the stock. FIL Ltd grew its holdings in Vipshop by 2.6% in the fourth quarter. FIL Ltd now owns 18,891,105 shares of the technology company's stock worth $334,184,000 after purchasing an additional 483,842 shares during the period. Invesco Ltd. raised its holdings in shares of Vipshop by 0.9% during the fourth quarter. Invesco Ltd. now owns 16,864,626 shares of the technology company's stock valued at $298,335,000 after purchasing an additional 148,970 shares during the period. Orbis Allan Gray Ltd raised its holdings in shares of Vipshop by 12.8% during the fourth quarter. Orbis Allan Gray Ltd now owns 10,814,948 shares of the technology company's stock valued at $191,316,000 after purchasing an additional 1,227,325 shares during the period. Vanguard Group Inc. raised its holdings in shares of Vipshop by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 10,148,017 shares of the technology company's stock valued at $179,518,000 after purchasing an additional 149,758 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Vipshop by 1.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 8,616,834 shares of the technology company's stock worth $152,493,000 after purchasing an additional 149,268 shares in the last quarter. Institutional investors and hedge funds own 48.82% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Morgan Stanley set a $16.00 target price on Vipshop in a research note on Wednesday, August 26th. Zacks Research downgraded Vipshop from a "hold" rating to a "strong sell" rating in a research note on Friday, August 28th. Benchmark reiterated a "hold" rating on shares of Vipshop in a report on Friday, May 22nd. Weiss Ratings reissued a "hold (c-)" rating on shares of Vipshop in a research note on Friday, August 21st. Finally, Wall Street Zen cut Vipshop from a "buy" rating to a "hold" rating in a research note on Monday, August 24th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $18.52.

Vipshop Stock Performance

Shares of NYSE VIPS opened at $13.20 on Tuesday. The stock has a market cap of $6.32 billion, a price-to-earnings ratio of 4.37, a PEG ratio of 2.03 and a beta of 0.67. Vipshop Holdings Limited has a fifty-two week low of $12.65 and a fifty-two week high of $21.08. The firm's 50-day simple moving average is $14.23 and its 200 day simple moving average is $14.71.

Vipshop (NYSE:VIPS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 25th. The technology company reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.59 by ($0.47). The company had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.64 billion. Vipshop had a return on equity of 12.63% and a net margin of 9.88%. On average, sell-side analysts predict that Vipshop Holdings Limited will post 1.67 EPS for the current year.

Vipshop Company Profile

Vipshop Holdings Limited NYSE: VIPS is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.

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