Alberta Investment Management Corp Sells 158,269 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Alberta Investment Management Corp lessened its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 17.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 732,376 shares of the technology company's stock after selling 158,269 shares during the period. Alberta Investment Management Corp owned approximately 0.14% of Vipshop worth $9,865,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of VIPS. Hhlr Advisors LTD. increased its stake in Vipshop by 6.2% in the third quarter. Hhlr Advisors LTD. now owns 15,720,322 shares of the technology company's stock valued at $247,281,000 after purchasing an additional 914,322 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of Vipshop by 1.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 11,107,555 shares of the technology company's stock valued at $149,619,000 after buying an additional 139,320 shares in the last quarter. First Beijing Investment Ltd acquired a new stake in shares of Vipshop in the third quarter valued at about $120,182,000. Massachusetts Financial Services Co. MA grew its stake in shares of Vipshop by 7.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,828,506 shares of the technology company's stock valued at $75,952,000 after buying an additional 333,989 shares in the last quarter. Finally, Polaris Capital Management LLC purchased a new position in Vipshop in the fourth quarter valued at about $63,095,000. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on VIPS shares. Citigroup cut their price target on Vipshop from $18.00 to $17.00 and set a "buy" rating on the stock in a report on Wednesday, November 20th. Barclays started coverage on Vipshop in a report on Wednesday, November 6th. They issued an "overweight" rating and a $19.00 price objective for the company. StockNews.com downgraded Vipshop from a "buy" rating to a "hold" rating in a research note on Wednesday, February 12th. Finally, Benchmark restated a "hold" rating on shares of Vipshop in a research note on Wednesday, November 20th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $17.50.

Vipshop Price Performance

Shares of Vipshop stock traded up $0.07 on Friday, hitting $14.60. 5,831,770 shares of the company's stock traded hands, compared to its average volume of 3,402,646. Vipshop Holdings Limited has a one year low of $11.50 and a one year high of $20.19. The company has a fifty day moving average of $13.96 and a two-hundred day moving average of $13.97. The company has a market capitalization of $7.50 billion, a price-to-earnings ratio of 6.96, a price-to-earnings-growth ratio of 1.52 and a beta of 0.30.

Vipshop (NYSE:VIPS - Get Free Report) last announced its earnings results on Friday, February 21st. The technology company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.05). Vipshop had a net margin of 7.50% and a return on equity of 20.89%. Equities research analysts anticipate that Vipshop Holdings Limited will post 1.95 earnings per share for the current year.

Vipshop Company Profile

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.