Tudor Investment Corp ET AL purchased a new position in shares of Vipshop Holdings Limited (NYSE:VIPS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,562 shares of the technology company’s stock, valued at approximately $175,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VIPS. BlackRock Inc. raised its position in shares of Vipshop Holdings Limited by 4,449.5% during the 1st quarter. BlackRock Inc. now owns 17,839,154 shares of the technology company’s stock worth $237,973,000 after purchasing an additional 17,447,045 shares during the last quarter. Commonwealth Bank of Australia raised its holdings in Vipshop Holdings Limited by 316,672.7% in the 2nd quarter. Commonwealth Bank of Australia now owns 3,484,500 shares of the technology company’s stock valued at $36,761,000 after acquiring an additional 3,483,400 shares during the last quarter. Schroder Investment Management Group raised its holdings in Vipshop Holdings Limited by 30.8% in the 2nd quarter. Schroder Investment Management Group now owns 10,791,411 shares of the technology company’s stock valued at $124,425,000 after acquiring an additional 2,540,239 shares during the last quarter. Franklin Resources Inc. raised its holdings in Vipshop Holdings Limited by 23.4% in the 2nd quarter. Franklin Resources Inc. now owns 10,714,153 shares of the technology company’s stock valued at $113,035,000 after acquiring an additional 2,034,474 shares during the last quarter. Finally, Teachers Advisors LLC raised its holdings in Vipshop Holdings Limited by 813.0% in the 2nd quarter. Teachers Advisors LLC now owns 1,600,724 shares of the technology company’s stock valued at $16,888,000 after acquiring an additional 1,425,400 shares during the last quarter. Hedge funds and other institutional investors own 56.42% of the company’s stock.

VIPS has been the subject of a number of recent research reports. Deutsche Bank AG downgraded shares of Vipshop Holdings Limited from a “buy” rating to a “hold” rating and cut their price objective for the company from $15.50 to $12.60 in a report on Friday, June 30th. Zacks Investment Research downgraded shares of Vipshop Holdings Limited from a “buy” rating to a “hold” rating in a report on Friday, September 1st. BidaskClub downgraded shares of Vipshop Holdings Limited from a “sell” rating to a “strong sell” rating in a report on Tuesday, October 10th. Macquarie cut their price objective on shares of Vipshop Holdings Limited from $16.50 to $11.00 and set an “outperform” rating for the company in a report on Friday, August 18th. Finally, HSBC Holdings plc downgraded shares of Vipshop Holdings Limited from a “hold” rating to a “reduce” rating in a report on Thursday, August 17th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. Vipshop Holdings Limited currently has a consensus rating of “Hold” and an average price target of $14.04.

Shares of Vipshop Holdings Limited (VIPS) opened at 8.40 on Thursday. Vipshop Holdings Limited has a one year low of $7.80 and a one year high of $15.49. The firm has a market cap of $4.94 billion, a P/E ratio of 16.28 and a beta of 1.87. The stock’s 50 day moving average is $9.01 and its 200-day moving average is $11.42.

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 analysts’ consensus estimates of $0.14 by ($0.01). The firm had revenue of $17.52 billion during the quarter, compared to analyst estimates of $17.30 billion. Vipshop Holdings Limited had a net margin of 3.17% and a return on equity of 40.08%. The business’s quarterly revenue was up 30.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.17 EPS. Analysts anticipate that Vipshop Holdings Limited will post $0.73 EPS for the current fiscal year.

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Vipshop Holdings Limited Company 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.

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

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