Vipshop Holdings Limited (NYSE:VIPS) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 11.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,523,945 shares of the technology company's stock after selling 460,137 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.69% of Vipshop worth $47,468,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Vident Advisory LLC grew its stake in shares of Vipshop by 67.8% in the fourth quarter. Vident Advisory LLC now owns 32,426 shares of the technology company's stock worth $437,000 after acquiring an additional 13,106 shares during the period. Two Sigma Advisers LP grew its stake in shares of Vipshop by 36.8% in the fourth quarter. Two Sigma Advisers LP now owns 148,200 shares of the technology company's stock worth $1,996,000 after acquiring an additional 39,900 shares during the period. Two Sigma Investments LP grew its position in Vipshop by 290.8% during the fourth quarter. Two Sigma Investments LP now owns 203,600 shares of the technology company's stock valued at $2,742,000 after buying an additional 151,500 shares during the period. Tidal Investments LLC grew its position in Vipshop by 22.1% during the fourth quarter. Tidal Investments LLC now owns 46,543 shares of the technology company's stock valued at $627,000 after buying an additional 8,432 shares during the period. Finally, Raiffeisen Bank International AG bought a new stake in Vipshop during the fourth quarter valued at approximately $351,000. 48.82% of the stock is owned by hedge funds and other institutional investors.

Vipshop Stock Down 2.5%

Vipshop stock traded down $0.36 during mid-day trading on Friday, reaching $13.76. 1,369,228 shares of the company's stock traded hands, compared to its average volume of 3,821,569. The company has a market cap of $7.06 billion, a price-to-earnings ratio of 6.59, a PEG ratio of 1.52 and a beta of 0.60. The stock has a 50 day moving average of $14.04 and a two-hundred day moving average of $14.29. Vipshop Holdings Limited has a 12-month low of $11.50 and a 12-month high of $17.94.

Vipshop (NYSE:VIPS - Get Free Report) last posted 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 net margin of 7.50% and a return on equity of 20.89%. The firm had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $3.82 billion. As a group, sell-side analysts forecast that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on VIPS. Wall Street Zen lowered shares of Vipshop from a "buy" rating to a "hold" rating in a research report on Thursday. Barclays dropped their price target on shares of Vipshop from $20.00 to $19.00 and set an "overweight" rating for the company in a research report on Thursday, May 22nd. Finally, Citigroup lowered shares of Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price target for the company. in a research report on Tuesday, April 1st. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $15.10.

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.