Robeco Institutional Asset Management B.V. Purchases 1,456,862 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Robeco Institutional Asset Management B.V. boosted its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 13.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 12,564,417 shares of the technology company's stock after acquiring an additional 1,456,862 shares during the period. Robeco Institutional Asset Management B.V. owned 2.45% of Vipshop worth $197,010,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Asset Management One Co. Ltd. grew its holdings in 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 acquiring an additional 1,165 shares during the period. Daiwa Securities Group Inc. grew its holdings in shares of Vipshop by 5.7% in the 4th quarter. Daiwa Securities Group Inc. now owns 25,900 shares of the technology company's stock valued at $349,000 after buying an additional 1,400 shares during the period. Nomura Asset Management Co. Ltd. grew its holdings in shares of Vipshop by 3.5% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 44,100 shares of the technology company's stock valued at $594,000 after buying an additional 1,500 shares during the period. Aviva PLC grew its holdings in shares of Vipshop by 1.0% in the 4th quarter. Aviva PLC now owns 261,100 shares of the technology company's stock valued at $3,517,000 after buying an additional 2,500 shares during the period. Finally, D Orazio & Associates Inc. grew its holdings in shares of Vipshop by 22.5% in the 1st quarter. D Orazio & Associates Inc. now owns 15,335 shares of the technology company's stock valued at $240,000 after buying an additional 2,816 shares during the period. Institutional investors and hedge funds own 48.82% of the company's stock.

Vipshop Price Performance

NYSE:VIPS traded up $0.31 on Friday, hitting $15.12. 2,006,354 shares of the company's stock were exchanged, compared to its average volume of 3,656,673. The firm has a 50-day moving average price of $14.35 and a 200-day moving average price of $14.46. 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 $7.76 billion, a P/E ratio of 7.92, a price-to-earnings-growth ratio of 2.58 and a beta of 0.57.

Analyst Ratings Changes

VIPS has been the subject of a number of research analyst reports. Wall Street Zen lowered shares of Vipshop from a "buy" rating to a "hold" rating in a research note on Thursday, May 29th. Barclays reduced their target price 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, 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. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, Vipshop has an average rating of "Hold" and an average 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.