Caprock Group LLC Cuts Stock Position in Vipshop Holdings Limited (NYSE:VIPS)

Caprock Group LLC trimmed its holdings in Vipshop Holdings Limited (NYSE:VIPS) by 33.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,339 shares of the technology company’s stock after selling 10,197 shares during the period. Caprock Group LLC’s holdings in Vipshop were worth $274,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in VIPS. Venturi Wealth Management LLC bought a new stake in Vipshop in the 3rd quarter valued at $56,000. Blue Trust Inc. grew its position in shares of Vipshop by 140.6% during the third quarter. Blue Trust Inc. now owns 8,485 shares of the technology company’s stock valued at $133,000 after purchasing an additional 4,958 shares in the last quarter. Atomi Financial Group Inc. increased its holdings in shares of Vipshop by 6.8% in the third quarter. Atomi Financial Group Inc. now owns 11,050 shares of the technology company’s stock worth $174,000 after purchasing an additional 702 shares during the last quarter. Polymer Capital Management HK LTD purchased a new stake in shares of Vipshop in the third quarter worth about $175,000. Finally, Quantinno Capital Management LP lifted its position in shares of Vipshop by 16.9% in the third quarter. Quantinno Capital Management LP now owns 15,811 shares of the technology company’s stock worth $249,000 after buying an additional 2,284 shares in the last quarter. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

VIPS has been the topic of a number of research reports. Benchmark reaffirmed a “hold” rating on shares of Vipshop in a research note on Wednesday, November 20th. Barclays assumed coverage on shares of Vipshop in a research report on Wednesday, November 6th. They issued an “overweight” rating and a $19.00 price target on the stock. Citigroup lowered their price objective on shares of Vipshop from $18.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, November 20th. Finally, StockNews.com downgraded shares of Vipshop from a “buy” rating to a “hold” rating in a report on Monday. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $17.50.

Vipshop Stock Up 6.0 %

NYSE VIPS opened at $15.24 on Friday. Vipshop Holdings Limited has a 52 week low of $11.50 and a 52 week high of $20.19. The firm has a market capitalization of $7.82 billion, a price-to-earnings ratio of 7.29, a PEG ratio of 1.50 and a beta of 0.30. The company has a fifty day moving average of $13.70 and a two-hundred day moving average of $13.87.

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.