O Shaughnessy Asset Management LLC Raises Holdings in Vipshop Holdings Limited $VIPS

O Shaughnessy Asset Management LLC increased its stake in shares of Vipshop Holdings Limited (NYSE:VIPS) by 13.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 425,165 shares of the technology company’s stock after purchasing an additional 48,999 shares during the quarter. O Shaughnessy Asset Management LLC owned approximately 0.08% of Vipshop worth $7,521,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Mariner LLC lifted its stake in shares of Vipshop by 3.2% during the 3rd quarter. Mariner LLC now owns 18,308 shares of the technology company’s stock worth $360,000 after purchasing an additional 561 shares during the last quarter. D Orazio & Associates Inc. raised its stake in Vipshop by 4.3% in the third quarter. D Orazio & Associates Inc. now owns 15,119 shares of the technology company’s stock valued at $297,000 after buying an additional 618 shares during the last quarter. Quadrant Capital Group LLC raised its stake in Vipshop by 0.6% in the third quarter. Quadrant Capital Group LLC now owns 126,881 shares of the technology company’s stock valued at $2,492,000 after buying an additional 787 shares during the last quarter. Lester Murray Antman dba SimplyRich raised its stake in Vipshop by 0.7% in the fourth quarter. Lester Murray Antman dba SimplyRich now owns 147,719 shares of the technology company’s stock valued at $2,613,000 after buying an additional 966 shares during the last quarter. Finally, Huntington National Bank raised its stake in Vipshop by 36.3% in the third quarter. Huntington National Bank now owns 4,530 shares of the technology company’s stock valued at $89,000 after buying an additional 1,207 shares during the last quarter. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

Vipshop Stock Up 1.3%

Shares of NYSE:VIPS opened at $13.75 on Thursday. The stock has a market cap of $6.58 billion, a price-to-earnings ratio of 6.46, a PEG ratio of 1.36 and a beta of 0.64. Vipshop Holdings Limited has a 52-week low of $13.44 and a 52-week high of $21.08. The business has a 50-day moving average price of $14.57 and a 200-day moving average price of $16.67.

Wall Street Analysts Forecast Growth

VIPS has been the subject of a number of research analyst reports. Weiss Ratings cut Vipshop from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 26th. JPMorgan Chase & Co. decreased 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. Bank of America reiterated an “underperform” rating on shares of Vipshop in a research note on Friday, May 29th. Jefferies Financial Group reiterated a “buy” rating on shares of Vipshop in a research note on Thursday, February 26th. Finally, Benchmark reiterated a “hold” rating on shares of Vipshop in a research note 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’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $20.20.

About Vipshop

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.