Vipshop Holdings Limited (NYSE:VIPS) Position Raised by Quantbot Technologies LP

Quantbot Technologies LP boosted its position in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 175.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,841 shares of the technology company's stock after purchasing an additional 54,700 shares during the period. Quantbot Technologies LP's holdings in Vipshop were worth $1,350,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in Vipshop by 8.5% during the 3rd quarter. FMR LLC now owns 2,071,160 shares of the technology company's stock worth $32,579,000 after purchasing an additional 162,027 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Vipshop by 4.2% during the third quarter. The Manufacturers Life Insurance Company now owns 76,431 shares of the technology company's stock worth $1,202,000 after buying an additional 3,062 shares in the last quarter. Loomis Sayles & Co. L P increased its stake in shares of Vipshop by 9.8% in the third quarter. Loomis Sayles & Co. L P now owns 70,396 shares of the technology company's stock worth $1,107,000 after buying an additional 6,278 shares during the last quarter. Harvest Fund Management Co. Ltd raised its holdings in 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 acquiring an additional 2,055 shares in the last quarter. Finally, Ativo Capital Management LLC boosted its stake in Vipshop by 11.5% during the 3rd quarter. Ativo Capital Management LLC now owns 202,693 shares of the technology company's stock valued at $3,188,000 after acquiring an additional 20,855 shares during the last quarter. Hedge funds and other institutional investors own 48.82% of the company's stock.

Wall Street Analysts Forecast Growth

VIPS has been the topic of a number of recent analyst reports. CLSA lowered shares of Vipshop from an "outperform" rating to a "hold" rating and cut their target price for the company from $15.80 to $12.00 in a research note on Wednesday, August 21st. Barclays initiated coverage on Vipshop in a research note on Wednesday, November 6th. They set an "overweight" rating and a $19.00 price objective on the stock. Morgan Stanley decreased their target price on Vipshop from $16.00 to $14.00 and set an "equal weight" rating for the company in a research report on Tuesday, August 20th. UBS Group lowered Vipshop from a "buy" rating to a "neutral" rating and dropped their price target for the company from $20.00 to $12.50 in a research report on Wednesday, August 21st. Finally, Citigroup decreased their price objective on shares of Vipshop from $18.00 to $17.00 and set a "buy" rating for the company in a report on Wednesday, November 20th. Six 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, the stock presently has a consensus rating of "Hold" and a consensus price target of $17.50.

Vipshop Stock Up 1.8 %

Vipshop stock traded up $0.24 during mid-day trading on Friday, hitting $13.81. 1,876,550 shares of the company's stock traded hands, compared to its average volume of 3,045,732. Vipshop Holdings Limited has a one year low of $11.50 and a one year high of $20.19. The company has a market cap of $7.09 billion, a PE ratio of 6.61, a price-to-earnings-growth ratio of 1.58 and a beta of 0.34. The firm has a 50 day moving average price of $14.71 and a 200 day moving average price of $14.30.

Vipshop 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.