XTX Topco Ltd Makes New Investment in Vipshop Holdings Limited (NYSE:VIPS)

XTX Topco Ltd acquired a new stake in Vipshop Holdings Limited (NYSE:VIPS) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 55,644 shares of the technology company’s stock, valued at approximately $724,000.

Other large investors have also modified their holdings of the company. FIL Ltd raised its position in Vipshop by 31.2% in the 4th quarter. FIL Ltd now owns 10,911,703 shares of the technology company’s stock valued at $193,792,000 after purchasing an additional 2,593,670 shares during the last quarter. KBC Group NV raised its holdings in shares of Vipshop by 55.8% in the fourth quarter. KBC Group NV now owns 625,584 shares of the technology company’s stock valued at $11,110,000 after buying an additional 224,098 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of 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 period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in shares of Vipshop by 238.7% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 120,582 shares of the technology company’s stock worth $1,996,000 after buying an additional 84,976 shares during the last quarter. Finally, Franchise Capital Ltd purchased a new position in shares of Vipshop during the fourth quarter worth about $4,669,000. 48.82% of the stock is owned by institutional investors and hedge funds.

Vipshop Stock Performance

NYSE:VIPS opened at $13.14 on Monday. Vipshop Holdings Limited has a 1 year low of $11.50 and a 1 year high of $20.19. The stock has a fifty day moving average price of $13.17 and a two-hundred day moving average price of $14.91. The stock has a market capitalization of $7.13 billion, a price-to-earnings ratio of 6.11 and a beta of 0.33.

Vipshop (NYSE:VIPS) last posted its quarterly earnings results on Tuesday, August 20th. The technology company reported $3.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $3.43. Vipshop had a net margin of 7.52% and a return on equity of 22.51%. The business had revenue of $25.08 billion for the quarter, compared to analysts’ expectations of $26.61 billion. During the same period in the prior year, the company posted $0.51 EPS. The business’s revenue for the quarter was down 4.1% on a year-over-year basis. On average, analysts predict that Vipshop Holdings Limited will post 2 EPS for the current year.

Analyst Ratings Changes

Several research firms have commented on VIPS. UBS Group downgraded Vipshop from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $20.00 to $12.50 in a research note on Wednesday, August 21st. Morgan Stanley decreased their price target on Vipshop from $16.00 to $14.00 and set an “equal weight” rating for the company in a report on Tuesday, August 20th. StockNews.com raised shares of Vipshop from a “hold” rating to a “buy” rating in a research note on Thursday, September 12th. Finally, CLSA downgraded shares of 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. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.75.

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.