Janus Henderson Group PLC Has $6.31 Million Stock Holdings in Vipshop Holdings Limited (NYSE:VIPS)

Janus Henderson Group PLC increased its stake in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 16.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 468,731 shares of the technology company's stock after purchasing an additional 66,420 shares during the period. Janus Henderson Group PLC owned approximately 0.09% of Vipshop worth $6,312,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Centiva Capital LP acquired a new stake in shares of Vipshop during the fourth quarter worth $414,000. Bank of America Corp DE grew its holdings in Vipshop by 1.9% during the fourth quarter. Bank of America Corp DE now owns 2,028,220 shares of the technology company's stock valued at $27,320,000 after purchasing an additional 38,656 shares during the period. BNP Paribas Financial Markets increased its stake in Vipshop by 16.6% in the fourth quarter. BNP Paribas Financial Markets now owns 1,562,628 shares of the technology company's stock valued at $21,049,000 after purchasing an additional 222,193 shares in the last quarter. Ameriprise Financial Inc. increased its stake in Vipshop by 23.5% in the fourth quarter. Ameriprise Financial Inc. now owns 585,654 shares of the technology company's stock valued at $7,889,000 after purchasing an additional 111,276 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC bought a new stake in Vipshop in the fourth quarter valued at approximately $277,000. 48.82% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VIPS has been the subject of several recent analyst reports. Barclays lowered 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. Citigroup downgraded 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. Finally, Wall Street Zen downgraded shares of Vipshop from a "buy" rating to a "hold" rating in a research note on Wednesday. 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, Vipshop presently has a consensus rating of "Hold" and a consensus target price of $15.10.

Vipshop Trading Down 1.2%

Shares of VIPS stock traded down $0.17 during trading hours on Friday, hitting $14.38. 2,262,462 shares of the company were exchanged, compared to its average volume of 3,849,992. The business has a 50 day moving average of $14.23 and a two-hundred day 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 company has a market capitalization of $7.38 billion, a PE ratio of 6.88, a PEG ratio of 1.52 and a beta of 0.60.

Vipshop (NYSE:VIPS - Get Free Report) last announced its earnings results 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). The company had revenue of $4.55 billion during the quarter, compared to analyst estimates of $3.82 billion. Vipshop had a return on equity of 20.89% and a net margin of 7.50%. On average, research analysts forecast that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Vipshop Company 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.