MERIAN GLOBAL INVESTORS UK Ltd increased its stake in Vipshop Holdings Ltd – (NYSE:VIPS) by 43.5% during the 4th quarter, HoldingsChannel reports. The firm owned 2,454,000 shares of the technology company’s stock after buying an additional 743,700 shares during the period. MERIAN GLOBAL INVESTORS UK Ltd’s holdings in Vipshop were worth $34,773,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently modified their holdings of the stock. Advisory Services Network LLC boosted its stake in shares of Vipshop by 2,176.9% during the 4th quarter. Advisory Services Network LLC now owns 1,776 shares of the technology company’s stock worth $25,000 after acquiring an additional 1,698 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of Vipshop by 44.6% during the 3rd quarter. Parallel Advisors LLC now owns 3,149 shares of the technology company’s stock worth $28,000 after acquiring an additional 971 shares during the last quarter. Candriam Luxembourg S.C.A. purchased a new position in shares of Vipshop during the 4th quarter worth $28,000. Ladenburg Thalmann Financial Services Inc. purchased a new position in shares of Vipshop during the 2nd quarter valued at $34,000. Finally, Huntington National Bank lifted its stake in shares of Vipshop by 114.1% during the 4th quarter. Huntington National Bank now owns 2,910 shares of the technology company’s stock valued at $41,000 after buying an additional 1,551 shares in the last quarter. Institutional investors own 46.96% of the company’s stock.
NYSE VIPS traded down $0.24 on Tuesday, reaching $14.06. The company had a trading volume of 3,672,515 shares, compared to its average volume of 4,474,317. The company has a quick ratio of 0.65, a current ratio of 0.92 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $9.55 billion, a PE ratio of 20.09 and a beta of 2.11. The firm’s 50 day moving average price is $14.12 and its 200 day moving average price is $11.33. Vipshop Holdings Ltd – has a 12 month low of $6.00 and a 12 month high of $15.46.
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 casual and formal shoes; and accessories that include belts, jewelry, watches, and glasses for women and men.
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