Vipshop Holdings Limited (NYSE:VIPS) Position Decreased by DGS Capital Management LLC

DGS Capital Management LLC reduced its holdings in Vipshop Holdings Limited (NYSE:VIPS) by 13.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,906 shares of the technology company’s stock after selling 6,329 shares during the quarter. DGS Capital Management LLC’s holdings in Vipshop were worth $538,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Venturi Wealth Management LLC bought a new position in shares of Vipshop in the third quarter valued at $56,000. Blue Trust Inc. raised its holdings in Vipshop by 140.6% during the 3rd quarter. Blue Trust Inc. now owns 8,485 shares of the technology company’s stock worth $133,000 after buying an additional 4,958 shares during the period. Atomi Financial Group Inc. lifted its stake in Vipshop by 10.8% during the fourth quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company’s stock valued at $165,000 after buying an additional 1,191 shares in the last quarter. Polymer Capital Management HK LTD acquired a new position in shares of Vipshop in the third quarter worth about $175,000. Finally, Quantinno Capital Management LP raised its holdings in shares of Vipshop by 16.9% during the third quarter. Quantinno Capital Management LP now owns 15,811 shares of the technology company’s stock valued at $249,000 after acquiring an additional 2,284 shares during the period. 48.82% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on VIPS shares. Barclays started coverage on shares of Vipshop in a research note on Wednesday, November 6th. They issued an “overweight” rating and a $19.00 price objective for the company. Benchmark reissued a “hold” rating on shares of Vipshop in a research report on Wednesday, November 20th. Citigroup decreased their price objective on 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 upgraded Vipshop from a “hold” rating to a “buy” rating in a report on Monday, January 20th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.50.

Vipshop Price Performance

Shares of VIPS stock opened at $14.72 on Friday. The stock’s 50-day moving average is $13.49 and its two-hundred day moving average is $13.82. Vipshop Holdings Limited has a fifty-two week low of $11.50 and a fifty-two week high of $20.19. The firm has a market cap of $7.55 billion, a P/E ratio of 7.04, a PEG ratio of 1.45 and a beta of 0.31.

Vipshop Company 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.