Railway Pension Investments Ltd Has $7.25 Million Position in Vipshop Holdings Limited (NYSE:VIPS)

Railway Pension Investments Ltd raised its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS) by 20.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 556,500 shares of the technology company’s stock after purchasing an additional 95,700 shares during the quarter. Railway Pension Investments Ltd owned approximately 0.10% of Vipshop worth $7,246,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VIPS. Lindbrook Capital LLC lifted its holdings in Vipshop by 56.4% during the 4th quarter. Lindbrook Capital LLC now owns 1,963 shares of the technology company’s stock worth $35,000 after purchasing an additional 708 shares during the last quarter. Richardson Financial Services Inc. acquired a new stake in shares of Vipshop during the fourth quarter worth $39,000. Blue Trust Inc. boosted its position in shares of Vipshop by 1,904.0% in the second quarter. Blue Trust Inc. now owns 3,527 shares of the technology company’s stock valued at $46,000 after acquiring an additional 3,351 shares during the period. Claro Advisors LLC bought a new position in Vipshop during the first quarter worth about $189,000. Finally, Ballentine Partners LLC acquired a new stake in Vipshop in the 1st quarter worth about $189,000. 48.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Citigroup lowered their target price on shares of Vipshop from $25.00 to $20.00 and set a “buy” rating on the stock in a report on Thursday, May 23rd. Morgan Stanley lowered their price objective on Vipshop from $16.00 to $14.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 20th. UBS Group downgraded Vipshop from a “buy” rating to a “neutral” rating and cut their target price for the company from $20.00 to $12.50 in a research report on Wednesday, August 21st. CLSA cut Vipshop from an “outperform” rating to a “hold” rating and decreased their price target for the stock from $15.80 to $12.00 in a research report on Wednesday, August 21st. Finally, Benchmark cut shares of Vipshop from a “buy” rating to a “hold” rating in a research report on Thursday, May 23rd. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Vipshop currently has an average rating of “Hold” and an average price target of $17.75.

Vipshop Stock Performance

Shares of Vipshop stock traded down $0.08 during trading on Tuesday, reaching $12.51. 967,882 shares of the company’s stock were exchanged, compared to its average volume of 4,002,419. Vipshop Holdings Limited has a 1-year low of $11.50 and a 1-year high of $20.19. The company has a market cap of $6.78 billion, a P/E ratio of 5.86 and a beta of 0.32. The firm’s 50-day moving average price is $13.59 and its 200 day moving average price is $15.54.

Vipshop (NYSE:VIPS) last issued its earnings results on Tuesday, August 20th. The technology company reported $3.91 EPS for the quarter, topping the consensus estimate of $0.48 by $3.43. The firm had revenue of $25.08 billion during the quarter, compared to the consensus estimate of $26.61 billion. Vipshop had a return on equity of 22.51% and a net margin of 7.52%. The business’s quarterly revenue was down 4.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.51 earnings per share. As a group, equities research analysts predict that Vipshop Holdings Limited will post 2.16 EPS for the current year.

About Vipshop

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.