The firm owned 279,192 shares of the technology company's stock after buying an additional 89,246 shares during the period. There has been an observed change of 0.00% in the ownership of the shares in the past six months. Hedge funds and other institutional investors own 57.49% of the company's stock. FNY Partners Fund LP increased its stake in shares of Vipshop Holdings Limited by 71.9% during the second quarter. Advisors Preferred LLC purchased a new position in Vipshop Holdings Limited in the third quarter valued at about $117,000. Looking back over the last 4 weeks, shares of Vipshop Holdings Limited (NYSE:VIPS) have moved -1.32%. Instead, the annual general meeting will serve as an open forum for shareholders and beneficial owners of the Company's American depositary shares (' ADSs') to discuss Company affairs with management. Franklin Resources Inc. boosted its holdings in shares of Vipshop Holdings Limited by 23.4% in the 2nd quarter. The original version of this story can be read at https://weekherald.com/2017/11/14/global-x-management-co-llc-increases-stake-in-vipshop-holdings-limited-vips.html. TIAA CREF Investment Management LLC now owns 940,500 shares of the technology company's stock worth $9,922,000 after acquiring an additional 346,900 shares in the last quarter.
Several other institutional investors have also recently made changes to their positions in VIPS. For the current year the company's revenue estimates are $10.8 Billion compared to low analyst estimates of $10.34 Billion and high estimates of $11.04 Billion according to 24 number of analysts.
The P/E ratio is now 17.07 and the market value is 4.83B.
Previously Vipshop Holdings Ltd (NYSE:VIPS) reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $-0.01. The company reported the earnings of $0.18/Share in the last quarter where the estimated EPS by analysts was $0.19/share. The company had revenue of $17.52 billion during the quarter, compared to analysts' expectations of $17.30 billion. The Return on Equity (ROE) value stands at 33.5%.
While looking at the Stock's Performance, Vipshop Holdings Limited now shows a Weekly Performance of -1.56%, where Monthly Performance is 4.44%, Quarterly performance is -26.32%, 6 Months performance is -40.19% and yearly performance percentage is -39.22%. During the same quarter last year, the company posted $0.17 EPS. research analysts expect that Vipshop Holdings Limited will post 0.61 earnings per share for the current year. If you are accessing this story on another site, it was illegally stolen and republished in violation of USA & global copyright and trademark legislation. It has been assigned a low target price of $61 and a high target price of $76. The firm earned "Underweight" rating on Thursday, December 17 by Morgan Stanley. Macquarie dropped their price target on Vipshop Holdings Limited from $16.50 to $11.00 and set an "outperform" rating on the stock in a research note on Friday, August 18th.
Analysts have given a mean recommendation of 2.30 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).
Vipshop Holdings Limited, launched on August 27, 2010, is a holding company. The count of Hold ratings in that period was 8.
Vipshop Holdings Ltd (NYSE:VIPS) shares traded 0.24% up during most recent session to reach at the closing price of $8.23. After a recent check, we can see that 5 sell-side analysts have rated the stock a Strong Buy or Buy, based analysts polled by Zacks Research.
Vipshop Holdings Limited is a holding company.