Vipshop Holdings Ltd – (VIPS) Holdings Decreased by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale decreased its stake in shares of Vipshop Holdings Ltd – (NYSE:VIPS) by 30.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,166 shares of the technology company’s stock after selling 12,500 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Vipshop were worth $1,074,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Levin Capital Strategies L.P. acquired a new position in shares of Vipshop during the 2nd quarter worth approximately $108,000. Greenleaf Trust acquired a new position in shares of Vipshop during the 2nd quarter worth approximately $122,000. Bridgewater Associates LP acquired a new position in shares of Vipshop during the 2nd quarter worth approximately $137,000. Steward Partners Investment Advisory LLC increased its holdings in shares of Vipshop by 94.3% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 27,400 shares of the technology company’s stock worth $171,000 after acquiring an additional 13,300 shares during the last quarter. Finally, Tower Research Capital LLC TRC acquired a new position in shares of Vipshop during the 2nd quarter worth approximately $183,000. 47.87% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms recently weighed in on VIPS. CLSA lowered Vipshop from an “outperform” rating to a “sell” rating and set a $9.00 target price on the stock. in a report on Tuesday, August 14th. Daiwa Capital Markets lowered Vipshop from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $16.00 to $8.00 in a report on Tuesday, August 14th. Zacks Investment Research lowered Vipshop from a “hold” rating to a “sell” rating in a report on Tuesday, August 21st. ValuEngine raised Vipshop from a “sell” rating to a “hold” rating in a report on Monday, August 20th. Finally, Macquarie decreased their target price on Vipshop from $16.50 to $10.50 and set an “outperform” rating on the stock in a report on Wednesday, August 15th. Four investment analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $11.05.

VIPS opened at $5.25 on Friday. The firm has a market capitalization of $3.65 billion, a P/E ratio of 9.05 and a beta of 1.67. Vipshop Holdings Ltd – has a 1 year low of $4.30 and a 1 year high of $19.14. The company has a quick ratio of 0.89, a current ratio of 1.12 and a debt-to-equity ratio of 0.03.

Vipshop (NYSE:VIPS) last released its quarterly earnings results on Wednesday, November 14th. The technology company reported $0.07 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.07. The business had revenue of $17.83 billion during the quarter, compared to the consensus estimate of $17.59 billion. Vipshop had a return on equity of 13.12% and a net margin of 2.57%. The firm’s quarterly revenue was up 16.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.91 EPS. On average, research analysts expect that Vipshop Holdings Ltd – will post 0.43 EPS for the current fiscal year.

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Vipshop Profile

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.

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Institutional Ownership by Quarter for Vipshop (NYSE:VIPS)

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