Baader Bank Aktiengesellschaft Decreases Stake in Vipshop Holdings Limited (NYSE:VIPS)

Baader Bank Aktiengesellschaft decreased its holdings in Vipshop Holdings Limited (NYSE:VIPS) by 50.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 15,000 shares of the technology company’s stock after selling 15,000 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Vipshop were worth $202,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atomi Financial Group Inc. raised its holdings in shares of Vipshop by 6.8% during the 3rd quarter. Atomi Financial Group Inc. now owns 11,050 shares of the technology company’s stock valued at $174,000 after buying an additional 702 shares during the period. Signaturefd LLC grew its position in Vipshop by 5.1% in the third quarter. Signaturefd LLC now owns 16,704 shares of the technology company’s stock valued at $263,000 after acquiring an additional 817 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in shares of Vipshop by 2.0% during the third quarter. Asset Management One Co. Ltd. now owns 48,963 shares of the technology company’s stock valued at $770,000 after purchasing an additional 954 shares during the period. Blue Trust Inc. lifted its position in shares of Vipshop by 17.5% during the fourth quarter. Blue Trust Inc. now owns 9,972 shares of the technology company’s stock worth $134,000 after purchasing an additional 1,487 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd boosted its stake in shares of Vipshop by 0.7% in the third quarter. Harvest Fund Management Co. Ltd now owns 298,200 shares of the technology company’s stock valued at $4,691,000 after purchasing an additional 2,055 shares during the period. 48.82% of the stock is owned by institutional investors and hedge funds.

Vipshop Trading Down 4.2 %

Shares of VIPS opened at $14.35 on Friday. Vipshop Holdings Limited has a 52 week low of $11.50 and a 52 week high of $20.19. The firm has a market cap of $7.36 billion, a price-to-earnings ratio of 6.86, a PEG ratio of 1.51 and a beta of 0.31. The stock has a 50 day moving average of $13.61 and a 200-day moving average of $13.84.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on VIPS. Barclays initiated coverage on shares of Vipshop in a report on Wednesday, November 6th. They issued an “overweight” rating and a $19.00 price objective on the stock. StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a report on Monday, January 20th. Citigroup dropped their price objective on Vipshop from $18.00 to $17.00 and set a “buy” rating on the stock in a report on Wednesday, November 20th. Finally, Benchmark reiterated a “hold” rating on shares of Vipshop in a research note on Wednesday, November 20th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $17.50.

About Vipshop

Vipshop Holdings Limited operates online platforms in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear and sporting goods, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.