Raiffeisen Bank International AG Buys Shares of 26,495 Vipshop Holdings Limited (NYSE:VIPS)

Raiffeisen Bank International AG purchased a new stake in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 26,495 shares of the technology company's stock, valued at approximately $351,000.

Other hedge funds also recently added to or reduced their stakes in the company. Quantinno Capital Management LP grew its stake in shares of Vipshop by 38.9% during the fourth quarter. Quantinno Capital Management LP now owns 21,956 shares of the technology company's stock valued at $296,000 after buying an additional 6,145 shares during the last quarter. Nissay Asset Management Corp Japan ADV lifted its stake in shares of Vipshop by 0.6% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 878,046 shares of the technology company's stock worth $11,704,000 after acquiring an additional 5,181 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in Vipshop by 3.3% during the 4th quarter. Lazard Asset Management LLC now owns 1,392,497 shares of the technology company's stock valued at $18,756,000 after acquiring an additional 44,863 shares during the period. Lighthouse Investment Partners LLC bought a new position in Vipshop in the 4th quarter valued at $1,990,000. Finally, Janus Henderson Group PLC increased its stake in Vipshop by 16.5% in the fourth quarter. Janus Henderson Group PLC now owns 468,731 shares of the technology company's stock worth $6,312,000 after purchasing an additional 66,420 shares during the period. 48.82% of the stock is currently owned by institutional investors.

Vipshop Trading Down 1.2%

Shares of VIPS traded down $0.18 during midday trading on Friday, reaching $14.38. 536,318 shares of the stock were exchanged, compared to its average volume of 3,860,953. The company has a market capitalization of $7.38 billion, a P/E ratio of 6.88, a PEG ratio of 1.52 and a beta of 0.60. Vipshop Holdings Limited has a 52 week low of $11.50 and a 52 week high of $17.94. The company's 50 day moving average is $14.29 and its two-hundred day moving average is $14.30.

Vipshop (NYSE:VIPS - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The technology company reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $3.82 billion. On average, sell-side analysts expect that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VIPS. Citigroup lowered 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 lowered their price objective on shares of Vipshop from $20.00 to $19.00 and set an "overweight" rating for the company in a research report on Thursday. Finally, Wall Street Zen downgraded shares of Vipshop from a "buy" rating to a "hold" rating in a research note on Wednesday. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price 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.