Financial Counselors Inc. lifted its stake in Vipshop Holdings Limited (NYSE:VIPS) by 4.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,708 shares of the technology company’s stock after purchasing an additional 547 shares during the period. Financial Counselors Inc.’s holdings in Vipshop Holdings Limited were worth $145,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. grew its holdings in shares of Vipshop Holdings Limited by 4,449.5% in the first quarter. BlackRock Inc. now owns 17,839,154 shares of the technology company’s stock worth $237,973,000 after purchasing an additional 17,447,045 shares during the last quarter. Swiss National Bank grew its holdings in shares of Vipshop Holdings Limited by 12.4% in the first quarter. Swiss National Bank now owns 944,860 shares of the technology company’s stock worth $12,604,000 after purchasing an additional 104,000 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of Vipshop Holdings Limited by 4.9% in the first quarter. Wellington Management Group LLP now owns 3,248,556 shares of the technology company’s stock worth $43,336,000 after purchasing an additional 150,848 shares during the last quarter. OppenheimerFunds Inc. grew its holdings in shares of Vipshop Holdings Limited by 7.7% in the first quarter. OppenheimerFunds Inc. now owns 658,830 shares of the technology company’s stock worth $8,789,000 after purchasing an additional 47,250 shares during the last quarter. Finally, FMR LLC grew its holdings in shares of Vipshop Holdings Limited by 52.0% in the first quarter. FMR LLC now owns 30,780,132 shares of the technology company’s stock worth $410,608,000 after purchasing an additional 10,529,919 shares during the last quarter. Hedge funds and other institutional investors own 56.43% of the company’s stock.

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Vipshop Holdings Limited (NYSE:VIPS) opened at 10.03 on Friday. The company has a market capitalization of $5.89 billion, a PE ratio of 19.86 and a beta of 1.95. Vipshop Holdings Limited has a one year low of $8.72 and a one year high of $16.24. The firm’s 50-day moving average is $10.34 and its 200 day moving average is $12.21.

Vipshop Holdings Limited (NYSE:VIPS) last released its earnings results on Wednesday, August 16th. The technology company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.01). The firm had revenue of $17.52 billion during the quarter, compared to analyst estimates of $17.30 billion. Vipshop Holdings Limited had a net margin of 3.17% and a return on equity of 40.08%. The business’s revenue was up 30.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.17 earnings per share. On average, equities analysts expect that Vipshop Holdings Limited will post $0.75 EPS for the current fiscal year.

A number of research analysts have recently commented on the stock. Jefferies Group LLC restated a “buy” rating and issued a $17.00 price target on shares of Vipshop Holdings Limited in a report on Friday, May 19th. BidaskClub cut shares of Vipshop Holdings Limited from a “hold” rating to a “sell” rating in a report on Thursday, June 15th. TheStreet cut shares of Vipshop Holdings Limited from a “b” rating to a “c+” rating in a report on Monday, June 19th. Deutsche Bank AG cut shares of Vipshop Holdings Limited from a “buy” rating to a “hold” rating and cut their price target for the stock from $15.50 to $12.60 in a report on Friday, June 30th. Finally, Daiwa Capital Markets cut shares of Vipshop Holdings Limited from a “buy” rating to a “hold” rating and set a $10.00 price target on the stock. in a report on Thursday, August 17th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $14.04.

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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