Two Sigma Advisers LP raised its holdings in Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 36.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 148,200 shares of the technology company's stock after buying an additional 39,900 shares during the period. Two Sigma Advisers LP's holdings in Vipshop were worth $1,996,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its position in shares of Vipshop by 17.5% during the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company's stock worth $134,000 after buying an additional 1,487 shares in the last quarter. Jump Financial LLC acquired a new stake in Vipshop in the fourth quarter valued at approximately $161,000. Vontobel Holding Ltd. purchased a new position in Vipshop in the fourth quarter worth approximately $165,000. Wilmington Savings Fund Society FSB acquired a new position in Vipshop during the 4th quarter worth approximately $175,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Vipshop in the 4th quarter valued at approximately $210,000. Hedge funds and other institutional investors own 48.82% of the company's stock.
Vipshop Trading Up 3.0%
Shares of NYSE VIPS traded up $0.41 during mid-day trading on Monday, reaching $14.20. The company had a trading volume of 3,121,003 shares, compared to its average volume of 3,804,865. The firm has a 50 day simple moving average of $13.95 and a two-hundred day simple moving average of $14.30. Vipshop Holdings Limited has a 52-week low of $11.50 and a 52-week high of $17.94. The stock has a market cap of $7.29 billion, a P/E ratio of 6.79, a PEG ratio of 1.52 and a beta of 0.60.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on the stock. Citigroup lowered 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 cut their price target on Vipshop from $20.00 to $19.00 and set an "overweight" rating on the stock in a research note on Thursday, May 22nd. Finally, Wall Street Zen cut Vipshop from a "buy" rating to a "hold" rating in a research report on Thursday. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $15.10.
Get Our Latest Stock Analysis on VIPS
About Vipshop
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Free Report)
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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