DGS Capital Management LLC Has $727,000 Stock Position in Vipshop Holdings Limited (NYSE:VIPS)

DGS Capital Management LLC boosted its holdings in Vipshop Holdings Limited (NYSE:VIPS) by 9.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,235 shares of the technology company’s stock after buying an additional 3,982 shares during the quarter. DGS Capital Management LLC’s holdings in Vipshop were worth $727,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Beijing Investment Ltd acquired a new position in Vipshop during the 3rd quarter worth about $120,182,000. Krane Funds Advisors LLC increased its position in Vipshop by 20.3% in the 2nd quarter. Krane Funds Advisors LLC now owns 15,737,381 shares of the technology company’s stock valued at $204,901,000 after buying an additional 2,659,117 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Vipshop by 179.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,984,082 shares of the technology company’s stock worth $62,670,000 after acquiring an additional 2,558,896 shares in the last quarter. Hsbc Holdings PLC grew its stake in Vipshop by 155.0% in the second quarter. Hsbc Holdings PLC now owns 3,483,943 shares of the technology company’s stock valued at $45,347,000 after acquiring an additional 2,117,902 shares during the period. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Vipshop during the third quarter worth approximately $14,938,000. Institutional investors own 48.82% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. UBS Group cut Vipshop from a “buy” rating to a “neutral” rating and reduced their target price for the company from $20.00 to $12.50 in a research note on Wednesday, August 21st. CLSA cut Vipshop from an “outperform” rating to a “hold” rating and cut their target price for the stock from $15.80 to $12.00 in a research note on Wednesday, August 21st. Barclays started coverage on Vipshop in a research report on Wednesday, November 6th. They issued an “overweight” rating and a $19.00 price target for the company. Benchmark reissued a “hold” rating on shares of Vipshop in a research report on Wednesday, November 20th. Finally, StockNews.com cut shares of Vipshop from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Six 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.com, Vipshop currently has a consensus rating of “Hold” and an average price target of $17.50.

Vipshop Stock Down 2.5 %

VIPS traded down $0.34 during trading on Friday, hitting $13.39. The company’s stock had a trading volume of 341,174 shares, compared to its average volume of 3,851,942. Vipshop Holdings Limited has a one year low of $11.50 and a one year high of $20.19. The business’s 50 day simple moving average is $14.40 and its 200-day simple moving average is $14.14. The firm has a market cap of $6.87 billion, a PE ratio of 6.57, a P/E/G ratio of 1.58 and a beta of 0.31.

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.