Bender Robert & Associates reduced its stake in Vipshop Holdings Limited (NYSE:VIPS) by 3.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 183,522 shares of the technology company’s stock after selling 5,805 shares during the period. Vipshop Holdings Limited makes up approximately 3.3% of Bender Robert & Associates’ investment portfolio, making the stock its 11th largest position. Bender Robert & Associates’ holdings in Vipshop Holdings Limited were worth $5,446,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. DnB Asset Management AS boosted its stake in shares of Vipshop Holdings Limited by 0.4% in the second quarter. DnB Asset Management AS now owns 28,110 shares of the technology company’s stock valued at $297,000 after buying an additional 100 shares in the last quarter. OLD National Bancorp IN boosted its stake in shares of Vipshop Holdings Limited by 1.1% in the second quarter. OLD National Bancorp IN now owns 11,396 shares of the technology company’s stock valued at $120,000 after buying an additional 128 shares in the last quarter. Comerica Bank boosted its stake in shares of Vipshop Holdings Limited by 1.3% in the first quarter. Comerica Bank now owns 29,105 shares of the technology company’s stock valued at $405,000 after buying an additional 386 shares in the last quarter. World Asset Management Inc boosted its stake in shares of Vipshop Holdings Limited by 1.4% in the first quarter. World Asset Management Inc now owns 31,518 shares of the technology company’s stock valued at $420,000 after buying an additional 445 shares in the last quarter. Finally, Boston Common Asset Management LLC boosted its stake in shares of Vipshop Holdings Limited by 3.8% in the first quarter. Boston Common Asset Management LLC now owns 23,015 shares of the technology company’s stock valued at $307,000 after buying an additional 845 shares in the last quarter. Institutional investors and hedge funds own 68.10% of the company’s stock.

Vipshop Holdings Limited (VIPS) opened at 11.44 on Monday. The company has a market capitalization of $6.69 billion, a price-to-earnings ratio of 22.00 and a beta of 1.90. Vipshop Holdings Limited has a 52-week low of $9.94 and a 52-week high of $17.41. The stock has a 50 day moving average price of $11.44 and a 200 day moving average price of $12.62.

Vipshop Holdings Limited (NYSE:VIPS) last released its earnings results on Monday, May 15th. The technology company reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.01. The company had revenue of $15.95 billion during the quarter, compared to analysts’ expectations of $15.62 billion. Vipshop Holdings Limited had a net margin of 3.50% and a return on equity of 44.90%. The company’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter last year, the business posted $0.16 earnings per share. On average, equities analysts expect that Vipshop Holdings Limited will post $0.83 earnings per share for the current year.

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Several brokerages have weighed in on VIPS. BidaskClub upgraded Vipshop Holdings Limited from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Stifel Nicolaus upped their target price on Vipshop Holdings Limited from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Tuesday, May 16th. TheStreet cut Vipshop Holdings Limited from a “b” rating to a “c+” rating in a report on Monday, June 19th. Jefferies Group LLC reiterated a “buy” rating and issued a $17.00 target price on shares of Vipshop Holdings Limited in a report on Friday, May 19th. Finally, Nomura reiterated a “neutral” rating and issued a $16.80 target price (up from $16.40) on shares of Vipshop Holdings Limited in a report on Tuesday, May 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $15.80.

About Vipshop Holdings Limited

Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms.

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Institutional Ownership by Quarter for Vipshop Holdings Limited (NYSE:VIPS)

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