Vipshop Holdings Limited (NYSE:VIPS) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. reduced its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 20.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,968,235 shares of the technology company's stock after selling 2,838,798 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 2.02% of Vipshop worth $172,530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the company. Krane Funds Advisors LLC increased its holdings in Vipshop by 20.3% in the 2nd quarter. Krane Funds Advisors LLC now owns 15,737,381 shares of the technology company's stock worth $204,901,000 after buying an additional 2,659,117 shares during the period. Vanguard Group Inc. boosted its position in Vipshop by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 13,762,669 shares of the technology company's stock worth $227,772,000 after purchasing an additional 248,743 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Vipshop by 5.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 6,739,378 shares of the technology company's stock worth $87,771,000 after purchasing an additional 343,739 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in Vipshop by 2.9% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 6,559,051 shares of the technology company's stock worth $85,399,000 after purchasing an additional 184,000 shares in the last quarter. Finally, LSV Asset Management boosted its position in Vipshop by 8.1% in the 2nd quarter. LSV Asset Management now owns 5,312,513 shares of the technology company's stock worth $69,169,000 after purchasing an additional 397,852 shares in the last quarter. Hedge funds and other institutional investors own 48.82% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on VIPS. StockNews.com raised Vipshop from a "hold" rating to a "buy" rating in a research note on Thursday, September 12th. CLSA downgraded Vipshop from an "outperform" rating to a "hold" rating and cut their price objective for the stock from $15.80 to $12.00 in a research report on Wednesday, August 21st. UBS Group cut Vipshop from a "buy" rating to a "neutral" rating and lowered their target price for the company from $20.00 to $12.50 in a report on Wednesday, August 21st. Citigroup raised their target price on Vipshop from $15.00 to $18.00 and gave the company a "buy" rating in a report on Friday, September 27th. Finally, Morgan Stanley lowered their target price on Vipshop from $16.00 to $14.00 and set an "equal weight" rating for the company in a report on Tuesday, August 20th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, Vipshop currently has a consensus rating of "Hold" and an average target price of $17.42.

Vipshop Trading Up 2.8 %

VIPS stock traded up $0.40 during trading on Monday, hitting $14.59. 1,793,638 shares of the company's stock were exchanged, compared to its average volume of 3,967,592. The business has a 50-day moving average price of $14.24 and a two-hundred day moving average price of $14.56. The stock has a market capitalization of $7.91 billion, a price-to-earnings ratio of 6.89, a PEG ratio of 1.62 and a beta of 0.34. Vipshop Holdings Limited has a 52-week low of $11.50 and a 52-week high of $20.19.

Vipshop (NYSE:VIPS - Get Free Report) last posted its earnings results on Tuesday, August 20th. The technology company reported $3.91 earnings per share for the quarter, topping the consensus estimate of $0.48 by $3.43. The firm had revenue of $25.08 billion during the quarter, compared to analysts' expectations of $26.61 billion. Vipshop had a return on equity of 22.51% and a net margin of 7.52%. The firm's revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.51 earnings per share. On average, equities research analysts anticipate that Vipshop Holdings Limited will post 1.97 earnings per share for the current fiscal 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.