Aurora Investment Counsel Cuts Position in Vipshop Holdings Limited $VIPS

Aurora Investment Counsel lessened its holdings in Vipshop Holdings Limited (NYSE:VIPS) by 27.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,009 shares of the technology company’s stock after selling 36,808 shares during the period. Aurora Investment Counsel’s holdings in Vipshop were worth $1,734,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of VIPS. Goldman Sachs Group Inc. increased its stake in shares of Vipshop by 29.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,931,512 shares of the technology company’s stock valued at $77,326,000 after purchasing an additional 1,126,983 shares in the last quarter. Guggenheim Capital LLC increased its stake in shares of Vipshop by 24.2% in the 2nd quarter. Guggenheim Capital LLC now owns 45,053 shares of the technology company’s stock valued at $678,000 after purchasing an additional 8,779 shares in the last quarter. Jump Financial LLC purchased a new position in shares of Vipshop in the 2nd quarter valued at about $505,000. California Public Employees Retirement System increased its stake in shares of Vipshop by 9.6% in the 2nd quarter. California Public Employees Retirement System now owns 668,627 shares of the technology company’s stock valued at $10,063,000 after purchasing an additional 58,820 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its stake in shares of Vipshop by 14.1% in the 2nd quarter. Daiwa Securities Group Inc. now owns 42,000 shares of the technology company’s stock valued at $632,000 after purchasing an additional 5,200 shares in the last quarter. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Vipshop Trading Up 0.2%

VIPS stock opened at $13.92 on Friday. Vipshop Holdings Limited has a 12-month low of $13.44 and a 12-month high of $21.08. The stock has a market cap of $6.67 billion, a price-to-earnings ratio of 6.54, a PEG ratio of 1.40 and a beta of 0.64. The business’s 50-day moving average is $14.51 and its 200 day moving average is $16.62.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on VIPS shares. JPMorgan Chase & Co. cut their price target on Vipshop from $22.00 to $21.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. Jefferies Financial Group restated a “buy” rating on shares of Vipshop in a research note on Thursday, February 26th. Weiss Ratings cut Vipshop from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. UBS Group set a $18.50 price objective on Vipshop and gave the stock a “buy” rating in a report on Friday, May 22nd. Finally, Benchmark reiterated a “hold” rating on shares of Vipshop in a report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $20.20.

Vipshop Company Profile

Vipshop Holdings Limited (NYSE:VIPS) is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.