Swiss National Bank reduced its stake in shares of Vipshop Holdings Limited (NYSE:VIPS) by 5.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 891,546 shares of the technology company’s stock after selling 53,314 shares during the quarter. Swiss National Bank owned approximately 151,086.44% of Vipshop Holdings Limited worth $7,837,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. BlackRock Inc. lifted its stake in shares of Vipshop Holdings Limited by 0.9% during the 2nd quarter. BlackRock Inc. now owns 17,994,330 shares of the technology company’s stock worth $189,841,000 after purchasing an additional 155,176 shares during the last quarter. Schroder Investment Management Group lifted its stake in shares of Vipshop Holdings Limited by 30.8% during the 2nd quarter. Schroder Investment Management Group now owns 10,791,411 shares of the technology company’s stock worth $124,425,000 after purchasing an additional 2,540,239 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Vipshop Holdings Limited by 23.4% during the 2nd quarter. Franklin Resources Inc. now owns 10,714,153 shares of the technology company’s stock worth $113,035,000 after purchasing an additional 2,034,474 shares during the last quarter. Prudential PLC lifted its stake in shares of Vipshop Holdings Limited by 49.2% during the 2nd quarter. Prudential PLC now owns 8,708,200 shares of the technology company’s stock worth $91,872,000 after purchasing an additional 2,871,600 shares during the last quarter. Finally, KEYWISE CAPITAL MANAGEMENT Ltd lifted its stake in shares of Vipshop Holdings Limited by 921.0% during the 3rd quarter. KEYWISE CAPITAL MANAGEMENT Ltd now owns 4,758,700 shares of the technology company’s stock worth $41,829,000 after purchasing an additional 4,292,600 shares during the last quarter. Hedge funds and other institutional investors own 54.49% of the company’s stock.

Shares of Vipshop Holdings Limited (NYSE VIPS) opened at $9.25 on Tuesday. The company has a quick ratio of 0.77, a current ratio of 1.05 and a debt-to-equity ratio of 0.60. Vipshop Holdings Limited has a 12 month low of $7.79 and a 12 month high of $15.49. The company has a market capitalization of $5,770.00, a PE ratio of 16.58 and a beta of 2.06.

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A number of equities research analysts recently weighed in on VIPS shares. BidaskClub upgraded Vipshop Holdings Limited from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Daiwa Capital Markets cut 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. cut Vipshop Holdings Limited from a “hold” rating to a “reduce” rating in a research note on Thursday, August 17th. Benchmark Co. upped their price objective on Vipshop Holdings Limited from $11.00 to $14.00 and gave the stock a “buy” rating in a research note on Friday, August 18th. Finally, Macquarie decreased their price objective on Vipshop Holdings Limited from $16.50 to $11.00 and set an “outperform” rating for the company in a research note on Friday, August 18th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $13.57.

Vipshop Holdings Limited Profile

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.

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

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