Mitsubishi UFJ Trust & Banking Corp decreased its stake in Vipshop Holdings Ltd – (NYSE:VIPS) by 2.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 655,358 shares of the technology company’s stock after selling 14,623 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.11% of Vipshop worth $5,761,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. 1st Global Advisors Inc. grew its stake in Vipshop by 1.5% during the second quarter. 1st Global Advisors Inc. now owns 10,669 shares of the technology company’s stock worth $113,000 after purchasing an additional 160 shares during the period. QS Investors LLC grew its stake in Vipshop by 1.6% during the second quarter. QS Investors LLC now owns 18,600 shares of the technology company’s stock worth $196,000 after purchasing an additional 300 shares during the period. Financial Counselors Inc. grew its stake in Vipshop by 4.2% during the second quarter. Financial Counselors Inc. now owns 13,708 shares of the technology company’s stock worth $145,000 after purchasing an additional 547 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Vipshop by 0.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 184,063 shares of the technology company’s stock worth $1,942,000 after purchasing an additional 800 shares during the period. Finally, Pacad Investment Ltd. grew its stake in Vipshop by 2.4% during the second quarter. Pacad Investment Ltd. now owns 92,000 shares of the technology company’s stock worth $971,000 after purchasing an additional 2,200 shares during the period. 53.28% of the stock is owned by institutional investors.

Shares of Vipshop Holdings Ltd – (NYSE VIPS) remained flat at $$8.46 during trading on Tuesday. 6,625,500 shares of the company were exchanged, compared to its average volume of 6,639,983. The company has a quick ratio of 0.74, a current ratio of 1.05 and a debt-to-equity ratio of 0.54. Vipshop Holdings Ltd – has a 12-month low of $7.79 and a 12-month high of $15.49. The stock has a market cap of $4,992.16, a price-to-earnings ratio of 14.84 and a beta of 2.10.

Several equities research analysts recently commented on the company. Zacks Investment Research cut Vipshop from a “buy” rating to a “hold” rating in a research note on Wednesday, September 20th. Macquarie reduced their price objective on Vipshop from $16.50 to $11.00 and set an “outperform” rating for the company in a research note on Friday, August 18th. J P Morgan Chase & Co reduced their price objective on Vipshop from $13.00 to $10.00 and set an “overweight” rating for the company in a research note on Wednesday, November 22nd. Daiwa Capital Markets cut Vipshop 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. Finally, cut Vipshop from a “hold” rating to a “reduce” rating in a research note on Thursday, August 17th. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $12.95.

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Vipshop 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 (NYSE:VIPS)

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