Bayesian Capital Management LP decreased its position in Vipshop Holdings Limited (NYSE:VIPS) by 69.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,600 shares of the technology company’s stock after selling 28,400 shares during the period. Bayesian Capital Management LP’s holdings in Vipshop Holdings Limited were worth $133,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. BlackRock Inc. lifted its stake 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 valued at $237,973,000 after purchasing an additional 17,447,045 shares during the period. Capital Fund Management S.A. acquired a new stake in shares of Vipshop Holdings Limited in the second quarter valued at about $9,040,000. Wellington Management Group LLP lifted its stake 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 valued at $43,336,000 after purchasing an additional 150,848 shares during the period. OppenheimerFunds Inc. lifted its stake 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 valued at $8,789,000 after purchasing an additional 47,250 shares during the period. Finally, NorthCoast Asset Management LLC acquired a new stake in shares of Vipshop Holdings Limited in the second quarter valued at about $527,000. 56.42% of the stock is currently owned by institutional investors and hedge funds.

VIPS has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Vipshop Holdings Limited from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research note on Wednesday, August 23rd. Benchmark Co. raised their price objective on shares of Vipshop Holdings Limited from $11.00 to $14.00 and gave the company a “buy” rating in a research note on Friday, August 18th. TheStreet cut shares of Vipshop Holdings Limited from a “b” rating to a “c+” rating in a research note on Monday, June 19th. Daiwa Capital Markets cut shares of Vipshop Holdings Limited from a “buy” rating to a “hold” rating and set a $10.00 price objective for the company. in a research note on Thursday, August 17th. Finally, BidaskClub upgraded shares of Vipshop Holdings Limited from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company’s stock. Vipshop Holdings Limited currently has a consensus rating of “Hold” and a consensus target price of $14.04.

Vipshop Holdings Limited (NYSE VIPS) opened at 8.70 on Thursday. The firm has a market cap of $5.11 billion, a PE ratio of 16.86 and a beta of 1.87. Vipshop Holdings Limited has a 12 month low of $8.63 and a 12 month high of $16.07. The firm’s 50-day moving average is $9.37 and its 200-day moving average is $11.82.

Vipshop Holdings Limited (NYSE:VIPS) last posted its quarterly earnings data on Wednesday, August 16th. The technology company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.01). Vipshop Holdings Limited had a net margin of 3.17% and a return on equity of 40.08%. The business had revenue of $17.52 billion for the quarter, compared to the consensus estimate of $17.30 billion. During the same quarter last year, the business posted $0.17 EPS. The business’s revenue for the quarter was up 30.3% on a year-over-year basis. Equities analysts expect that Vipshop Holdings Limited will post $0.73 earnings per share for the current year.

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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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