Nomura Holdings Inc. Purchases 215,520 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Nomura Holdings Inc. increased its holdings in Vipshop Holdings Limited (NYSE:VIPS) by 58.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 585,088 shares of the technology company’s stock after acquiring an additional 215,520 shares during the period. Nomura Holdings Inc. owned about 0.10% of Vipshop worth $10,391,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VIPS. Vanguard Group Inc. boosted its position in Vipshop by 9.3% in the fourth quarter. Vanguard Group Inc. now owns 13,513,926 shares of the technology company’s stock worth $240,007,000 after purchasing an additional 1,154,149 shares during the last quarter. Krane Funds Advisors LLC boosted its holdings in shares of Vipshop by 14.2% in the 3rd quarter. Krane Funds Advisors LLC now owns 13,062,322 shares of the technology company’s stock worth $209,128,000 after buying an additional 1,622,703 shares during the last quarter. FIL Ltd grew its position in Vipshop by 31.2% during the fourth quarter. FIL Ltd now owns 10,911,703 shares of the technology company’s stock valued at $193,792,000 after buying an additional 2,593,670 shares during the period. Goldman Sachs Group Inc. increased its holdings in Vipshop by 28.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 10,394,122 shares of the technology company’s stock worth $184,600,000 after buying an additional 2,273,198 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its holdings in Vipshop by 0.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,154,041 shares of the technology company’s stock worth $91,536,000 after buying an additional 47,004 shares during the last quarter. 48.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on VIPS shares. StockNews.com downgraded shares of Vipshop from a “strong-buy” rating to a “buy” rating in a research report on Monday, May 13th. HSBC reduced their price objective on Vipshop from $22.90 to $19.00 and set a “hold” rating for the company in a report on Thursday, March 28th. Benchmark lowered Vipshop from a “buy” rating to a “hold” rating in a research note on Thursday, May 23rd. Finally, Citigroup cut their price target on Vipshop from $25.00 to $20.00 and set a “buy” rating for the company in a research note on Thursday, May 23rd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.60.

Vipshop Price Performance

Shares of VIPS stock opened at $15.06 on Wednesday. The stock has a market capitalization of $8.16 billion, a price-to-earnings ratio of 7.00 and a beta of 0.39. The company’s fifty day simple moving average is $16.01 and its two-hundred day simple moving average is $16.49. Vipshop Holdings Limited has a 1 year low of $13.90 and a 1 year high of $20.19.

Vipshop (NYSE:VIPS) last released its quarterly earnings data on Wednesday, May 22nd. The technology company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.06. Vipshop had a return on equity of 23.74% and a net margin of 7.60%. The company had revenue of $3.83 billion for the quarter, compared to analyst estimates of $3.87 billion. Equities research analysts anticipate that Vipshop Holdings Limited will post 2.21 EPS for the current year.

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.