Vipshop Holdings Limited (NYSE:VIPS) Shares Sold by Caxton Associates LP

Caxton Associates LP trimmed its position in Vipshop Holdings Limited (NYSE:VIPS) by 31.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,183 shares of the technology company’s stock after selling 25,194 shares during the quarter. Caxton Associates LP’s holdings in Vipshop were worth $718,000 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. FIL Ltd raised its stake in Vipshop by 31.2% during the 4th quarter. FIL Ltd now owns 10,911,703 shares of the technology company’s stock worth $193,792,000 after acquiring an additional 2,593,670 shares in the last quarter. KBC Group NV raised its stake in Vipshop by 55.8% during the 4th quarter. KBC Group NV now owns 625,584 shares of the technology company’s stock worth $11,110,000 after acquiring an additional 224,098 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Vipshop by 28.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 10,394,122 shares of the technology company’s stock worth $184,600,000 after acquiring an additional 2,273,198 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in Vipshop by 238.7% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 120,582 shares of the technology company’s stock worth $1,996,000 after acquiring an additional 84,976 shares in the last quarter. Finally, Franchise Capital Ltd purchased a new position in Vipshop during the 4th quarter worth $4,669,000. 48.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have issued reports on VIPS shares. UBS Group downgraded shares of Vipshop from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $20.00 to $12.50 in a research report on Wednesday, August 21st. StockNews.com raised shares of Vipshop from a “hold” rating to a “buy” rating in a research report on Thursday, September 12th. CLSA downgraded shares of Vipshop from an “outperform” rating to a “hold” rating and lowered their price objective for the stock from $15.80 to $12.00 in a research report on Wednesday, August 21st. Finally, Morgan Stanley lowered their price objective on shares of Vipshop from $16.00 to $14.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 20th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $17.75.

Vipshop Stock Up 10.4 %

Shares of NYSE:VIPS opened at $15.28 on Friday. The company has a market cap of $8.29 billion, a price-to-earnings ratio of 7.11 and a beta of 0.33. The firm’s 50-day simple moving average is $13.21 and its 200-day simple moving average is $14.85. Vipshop Holdings Limited has a fifty-two week low of $11.50 and a fifty-two week high of $20.19.

Vipshop (NYSE:VIPS) last issued its earnings results on Tuesday, August 20th. The technology company reported $3.91 earnings per share for the quarter, beating the consensus estimate of $0.48 by $3.43. The business had revenue of $25.08 billion for the quarter, compared to the consensus estimate of $26.61 billion. Vipshop had a net margin of 7.52% and a return on equity of 22.51%. The business’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.51 earnings per share. On average, research analysts forecast that Vipshop Holdings Limited will post 2 EPS for the current year.

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.