Nomura Holdings Inc. boosted its stake in Vipshop Holdings Ltd – (NYSE:VIPS) by 15.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,645,958 shares of the technology company’s stock after buying an additional 226,160 shares during the period. Nomura Holdings Inc. owned 0.25% of Vipshop worth $17,859,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Schroder Investment Management Group increased its holdings in shares of Vipshop by 27.2% during the second quarter. Schroder Investment Management Group now owns 24,751,215 shares of the technology company’s stock valued at $267,808,000 after purchasing an additional 5,294,013 shares during the period. Global X Management Co LLC increased its holdings in shares of Vipshop by 3.3% during the second quarter. Global X Management Co LLC now owns 574,064 shares of the technology company’s stock valued at $6,229,000 after purchasing an additional 18,223 shares during the period. Bank of Nova Scotia acquired a new position in shares of Vipshop during the second quarter valued at $833,000. Putnam Investments LLC acquired a new position in shares of Vipshop during the second quarter valued at $4,431,000. Finally, OLD Mutual Customised Solutions Proprietary Ltd. increased its holdings in shares of Vipshop by 32.8% during the second quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 30,400 shares of the technology company’s stock valued at $330,000 after purchasing an additional 7,500 shares during the period. 50.06% of the stock is currently owned by hedge funds and other institutional investors.

Shares of VIPS stock opened at $6.11 on Wednesday. Vipshop Holdings Ltd – has a fifty-two week low of $5.74 and a fifty-two week high of $19.14. The stock has a market cap of $4.09 billion, a P/E ratio of 10.53 and a beta of 1.77.

Vipshop (NYSE:VIPS) last announced its earnings results on Monday, August 13th. The technology company reported $0.84 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.73. Vipshop had a return on equity of 15.75% and a net margin of 2.78%. The business had revenue of $20.74 billion during the quarter, compared to analysts’ expectations of $21.23 billion. During the same quarter last year, the business posted $1.18 earnings per share. The company’s quarterly revenue was up 18.4% on a year-over-year basis. equities analysts forecast that Vipshop Holdings Ltd – will post 0.4 EPS for the current fiscal year.

A number of research analysts have recently commented on the company. ValuEngine lowered Vipshop from a “sell” rating to a “strong sell” rating in a report on Tuesday, May 22nd. Zacks Investment Research lowered Vipshop from a “hold” rating to a “sell” rating in a report on Saturday, May 26th. CLSA raised Vipshop from an “underperform” rating to an “outperform” rating in a report on Tuesday, June 26th. Goldman Sachs Group cut Vipshop from a “buy” rating to a “neutral” rating and set a $14.30 target price for the company. in a research note on Wednesday, July 11th. Finally, Daiwa Capital Markets cut Vipshop from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $16.00 to $8.00 in a research note on Tuesday, August 14th. Six analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $14.65.

Vipshop Profile

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 shoes for casual and formal occasions; and accessories that include belts, jewelry, watches, and glasses for women and men.

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Institutional Ownership by Quarter for Vipshop (NYSE:VIPS)

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