Investors Catching Stocks Vipshop Holdings Limited (VIPS)

Rodiano Bonacci
Novembre 14, 2017

Currently Vipshop Holdings Ltd (NYSE:VIPS)'s shares owned by insiders are 0.8%, whereas shares owned by institutional owners are 73.6%. There has been an observed change of 0.00% in the ownership of the shares in the past six months. FNY Partners Fund LP increased its stake in shares of Vipshop Holdings Limited by 71.9% during the second quarter. NorthCoast Asset Management LLC acquired a new position in shares of Vipshop Holdings Limited in the 2nd quarter worth approximately $527,000.

Vipshop Holdings Limited (VIPS) opened the session with a $8.2 price tag, later ranging from $8.18 to $8.37, the range at which the stock has traded at throughout the day. The company's beta value is at 2.14. Finally, TIAA CREF Investment Management LLC boosted its holdings in shares of Vipshop Holdings Limited by 58.4% in the 2nd quarter. OLD National Bancorp IN now owns 11,396 shares of the technology company's stock valued at $120,000 after purchasing an additional 128 shares during the last quarter.

Several other institutional investors have also recently made changes to their positions in VIPS. The company had Year Ago Sales of 1.81 Billion. According to these analysts, the Low Revenue Estimate for Vipshop Holdings Limited is 2.21 Billion and the High Revenue Estimate is 2.31 Billion. The company's P/E (price to earnings) ratio is 17.18 and Forward P/E ratio of 9.77.

Vipshop Holdings Limited (NYSE:VIPS) closed up +0.02 points or 0.24% at $8.23 with 2.26 mln shares exchanging hands. The technology company reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.14 by ($0.01). The firm had revenue of $17.52 billion for the quarter, compared to the consensus estimate of $17.30 billion. The Return on Equity (ROE) value stands at 33.5%. 1st Global Advisors Inc. increased its stake in shares of Vipshop Holdings Limited by 1.5% during the second quarter. During the same quarter in the previous year, the company earned $0.17 earnings per share. analysts predict that Vipshop Holdings Limited will post 0.61 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: "Vanguard Group Inc". On October 19, 2017 KeyCorp updated guidance on VIPS stating a rating of "Buy" and price target of $13.00. The legal version of this news story can be read at Macquarie reduced their target price on Vipshop Holdings Limited from $16.50 to $11.00 and set an "outperform" rating on the stock in a report on Friday, August 18th.

Analysts have given a mean recommendation of 2.30 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). JP Morgan reinitiated Vipshop Holdings Ltd - ADR (NYSE:VIPS) on Wednesday, August 31 with "Neutral" rating. Finally, HSBC Holdings plc lowered Vipshop Holdings Limited from a "hold" rating to a "reduce" rating in a research note on Thursday, August 17th. Vipshop Holdings Limited presently has an average rating of "Hold" and an average target price of $13.57.

Vipshop Holdings Limited is a holding company. The Firm is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its Website.

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