402,311 Shares in Vipshop Holdings Limited (NYSE:VIPS) Bought by Janus Henderson Group PLC

Janus Henderson Group PLC purchased a new position in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 402,311 shares of the technology company's stock, valued at approximately $6,331,000. Janus Henderson Group PLC owned approximately 0.07% of Vipshop at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. boosted its stake in Vipshop by 1,904.0% during the second quarter. Blue Trust Inc. now owns 3,527 shares of the technology company's stock worth $46,000 after buying an additional 3,351 shares in the last quarter. Venturi Wealth Management LLC bought a new position in shares of Vipshop during the third quarter valued at $56,000. Employees Retirement System of Texas lifted its holdings in shares of Vipshop by 143.2% during the second quarter. Employees Retirement System of Texas now owns 4,614 shares of the technology company's stock valued at $60,000 after acquiring an additional 2,717 shares during the period. National Bank of Canada FI bought a new position in shares of Vipshop during the second quarter valued at $136,000. Finally, Atomi Financial Group Inc. lifted its holdings in shares of Vipshop by 6.8% during the third quarter. Atomi Financial Group Inc. now owns 11,050 shares of the technology company's stock valued at $174,000 after acquiring an additional 702 shares during the period. Institutional investors and hedge funds own 48.82% of the company's stock.

Vipshop Price Performance

Vipshop stock traded down $0.24 during mid-day trading on Tuesday, hitting $14.38. 3,796,828 shares of the company's stock traded hands, compared to its average volume of 3,868,482. The firm has a 50 day simple moving average of $14.54 and a two-hundred day simple moving average of $14.14. Vipshop Holdings Limited has a fifty-two week low of $11.50 and a fifty-two week high of $20.19. The stock has a market cap of $7.38 billion, a price-to-earnings ratio of 6.88, a P/E/G ratio of 1.50 and a beta of 0.31.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. CLSA cut Vipshop from an "outperform" rating to a "hold" rating and cut their price target for the company from $15.80 to $12.00 in a report on Wednesday, August 21st. Barclays assumed coverage on shares of Vipshop in a research report on Wednesday, November 6th. They set an "overweight" rating and a $19.00 target price on the stock. Morgan Stanley lowered their price target on Vipshop from $16.00 to $14.00 and set an "equal weight" rating for the company in a research note on Tuesday, August 20th. Benchmark reaffirmed a "hold" rating on shares of Vipshop in a research note on Wednesday, November 20th. Finally, StockNews.com cut Vipshop from a "buy" rating to a "hold" rating in a research note on Wednesday, November 20th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $17.50.

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.