Vipshop Holdings Ltd – (VIPS) Shares Sold by Marshall Wace LLP

Marshall Wace LLP lowered its stake in Vipshop Holdings Ltd – (NYSE:VIPS) by 94.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,400 shares of the technology company’s stock after selling 719,589 shares during the quarter. Marshall Wace LLP’s holdings in Vipshop were worth $438,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Vident Investment Advisory LLC bought a new stake in shares of Vipshop in the 2nd quarter valued at $661,000. Point72 Asset Management L.P. increased its stake in shares of Vipshop by 80.4% in the 2nd quarter. Point72 Asset Management L.P. now owns 1,258,469 shares of the technology company’s stock valued at $13,654,000 after acquiring an additional 560,869 shares in the last quarter. Vontobel Asset Management Inc. increased its stake in shares of Vipshop by 141.1% in the 2nd quarter. Vontobel Asset Management Inc. now owns 770,542 shares of the technology company’s stock valued at $8,360,000 after acquiring an additional 450,899 shares in the last quarter. Voya Investment Management LLC increased its stake in shares of Vipshop by 28.6% in the 2nd quarter. Voya Investment Management LLC now owns 67,452 shares of the technology company’s stock valued at $732,000 after acquiring an additional 14,985 shares in the last quarter. Finally, Indus Capital Partners LLC increased its stake in shares of Vipshop by 157.5% in the 2nd quarter. Indus Capital Partners LLC now owns 943,291 shares of the technology company’s stock valued at $10,235,000 after acquiring an additional 576,961 shares in the last quarter. Institutional investors own 50.06% of the company’s stock.

Shares of VIPS stock opened at $6.55 on Monday. The firm has a market cap of $4.32 billion, a price-to-earnings ratio of 11.29 and a beta of 1.75. Vipshop Holdings Ltd – has a 12 month low of $5.74 and a 12 month high of $19.14.

Vipshop (NYSE:VIPS) last announced its quarterly earnings results on Monday, August 13th. The technology company reported $0.84 EPS for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.73. The business had revenue of $20.74 billion during the quarter, compared to analyst estimates of $21.23 billion. Vipshop had a net margin of 2.78% and a return on equity of 15.75%. Vipshop’s quarterly revenue was up 18.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.18 EPS. equities research analysts forecast that Vipshop Holdings Ltd – will post 0.4 earnings per share for the current fiscal year.

A number of analysts have commented on VIPS shares. ValuEngine upgraded shares of Vipshop from a “sell” rating to a “hold” rating in a research note on Thursday, August 2nd. CLSA lowered shares of Vipshop from an “outperform” rating to a “sell” rating and set a $9.00 price target for the company. in a research note on Tuesday, August 14th. Benchmark decreased their price target on shares of Vipshop to $12.00 and set a “buy” rating for the company in a research note on Wednesday, August 15th. Zacks Investment Research lowered shares of Vipshop from a “hold” rating to a “sell” rating in a research note on Tuesday, August 21st. Finally, Macquarie decreased their price target on shares of Vipshop from $16.50 to $10.50 and set an “outperform” rating for the company in a research note on Wednesday, August 15th. Six research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $14.65.

About Vipshop

Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China. It operates in two segments, Vip.com and Internet Finance Business. The company offers women's apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men shoes for casual and formal occasions; and accessories that include belts, jewelry, watches, and glasses for women and men.

Read More: Return on Investment (ROI)

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Institutional Ownership by Quarter for Vipshop (NYSE:VIPS)

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