Robeco Institutional Asset Management B.V. Increases Stock Position in Vipshop Holdings Limited (NYSE:VIPS)

Robeco Institutional Asset Management B.V. lifted its position in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 13.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,564,417 shares of the technology company's stock after purchasing an additional 1,456,862 shares during the period. Robeco Institutional Asset Management B.V. owned 2.45% of Vipshop worth $197,010,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Asset Management One Co. Ltd. raised its stake in shares of Vipshop by 2.2% during the 1st quarter. Asset Management One Co. Ltd. now owns 54,607 shares of the technology company's stock worth $856,000 after purchasing an additional 1,165 shares during the period. Daiwa Securities Group Inc. increased its holdings in Vipshop by 5.7% during the fourth quarter. Daiwa Securities Group Inc. now owns 25,900 shares of the technology company's stock worth $349,000 after buying an additional 1,400 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position in Vipshop by 3.5% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 44,100 shares of the technology company's stock worth $594,000 after acquiring an additional 1,500 shares during the period. Aviva PLC boosted its stake in Vipshop by 1.0% in the fourth quarter. Aviva PLC now owns 261,100 shares of the technology company's stock valued at $3,517,000 after acquiring an additional 2,500 shares during the last quarter. Finally, D Orazio & Associates Inc. boosted its stake in Vipshop by 22.5% in the first quarter. D Orazio & Associates Inc. now owns 15,335 shares of the technology company's stock valued at $240,000 after acquiring an additional 2,816 shares during the last quarter. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on VIPS. Citigroup downgraded shares of Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price objective on the stock. in a report on Tuesday, April 1st. Barclays reduced their price objective 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 Vipshop from a "buy" rating to a "hold" rating in a research report on Thursday, May 29th. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Vipshop has an average rating of "Hold" and a consensus target price of $15.10.

Vipshop Stock Down 1.4%

Shares of NYSE VIPS opened at $14.82 on Thursday. The firm's 50-day moving average price is $14.25 and its 200-day moving average price is $14.44. Vipshop Holdings Limited has a 52-week low of $11.50 and a 52-week high of $17.94. The company has a market cap of $7.60 billion, a PE ratio of 7.76, a PEG ratio of 2.56 and a beta of 0.57.

About Vipshop

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.

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