United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Takes Position in Vipshop Holdings Limited $VIPS

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in shares of Vipshop Holdings Limited (NYSE:VIPSFree Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 199,705 shares of the technology company’s stock, valued at approximately $3,533,000.

Several other large investors have also recently made changes to their positions in VIPS. Invesco Ltd. lifted its holdings in shares of Vipshop by 87.2% during the third quarter. Invesco Ltd. now owns 16,715,656 shares of the technology company’s stock valued at $328,295,000 after purchasing an additional 7,785,027 shares during the last quarter. Krane Funds Advisors LLC lifted its holdings in shares of Vipshop by 24.9% during the third quarter. Krane Funds Advisors LLC now owns 17,185,535 shares of the technology company’s stock valued at $320,424,000 after purchasing an additional 3,426,079 shares during the last quarter. Packer & Co Ltd purchased a new position in shares of Vipshop during the fourth quarter valued at approximately $27,406,000. Goldman Sachs Group Inc. lifted its holdings in shares of Vipshop by 29.6% during the first quarter. Goldman Sachs Group Inc. now owns 4,931,512 shares of the technology company’s stock valued at $77,326,000 after purchasing an additional 1,126,983 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Vipshop during the second quarter valued at approximately $14,526,000. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

Vipshop Trading Down 2.4%

NYSE:VIPS opened at $14.16 on Friday. Vipshop Holdings Limited has a 12 month low of $13.35 and a 12 month high of $21.08. The company has a market cap of $6.78 billion, a PE ratio of 6.65, a price-to-earnings-growth ratio of 1.20 and a beta of 0.67. The company has a 50 day simple moving average of $14.86 and a two-hundred day simple moving average of $17.00.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Benchmark reissued a “hold” rating on shares of Vipshop in a research report on Friday, May 22nd. JPMorgan Chase & Co. reduced their price target on shares of Vipshop from $22.00 to $21.00 and set an “overweight” rating for the company in a research report on Tuesday, March 31st. UBS Group set a $18.50 price target on shares of Vipshop and gave the company a “buy” rating in a research report on Friday, May 22nd. Weiss Ratings downgraded shares of Vipshop from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday. Finally, Nomura raised shares of Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 price target for the company in a research report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $20.20.

View Our Latest Analysis on Vipshop

About Vipshop

(Free Report)

Vipshop Holdings Limited (NYSE:VIPS) is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.

Recommended Stories

Want to see what other hedge funds are holding VIPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vipshop Holdings Limited (NYSE:VIPSFree Report).

Institutional Ownership by Quarter for Vipshop (NYSE:VIPS)

Receive News & Ratings for Vipshop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vipshop and related companies with MarketBeat.com's FREE daily email newsletter.