DGS Capital Management LLC Sells 6,329 Shares of Vipshop Holdings Limited (NYSE:VIPS)

DGS Capital Management LLC trimmed its stake in Vipshop Holdings Limited (NYSE:VIPS) by 13.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 39,906 shares of the technology company’s stock after selling 6,329 shares during the period. DGS Capital Management LLC’s holdings in Vipshop were worth $538,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VIPS. Atomi Financial Group Inc. grew its holdings 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 purchasing an additional 1,191 shares during the last quarter. Ritholtz Wealth Management raised its holdings in Vipshop by 27.2% in the 4th quarter. Ritholtz Wealth Management now owns 136,360 shares of the technology company’s stock worth $1,837,000 after acquiring an additional 29,192 shares during the period. Franklin Resources Inc. lifted its position in Vipshop by 5.3% during the 3rd quarter. Franklin Resources Inc. now owns 382,922 shares of the technology company’s stock worth $6,299,000 after acquiring an additional 19,367 shares during the last quarter. Tidal Investments LLC acquired a new position in Vipshop during the 3rd quarter worth $599,000. Finally, Geode Capital Management LLC grew its position in shares of Vipshop by 5.7% in the third quarter. Geode Capital Management LLC now owns 3,256,744 shares of the technology company’s stock valued at $50,937,000 after purchasing an additional 176,037 shares during the last quarter. 48.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a research report on Monday, January 20th. Benchmark reissued a “hold” rating on shares of Vipshop in a research report on Wednesday, November 20th. Barclays assumed coverage on shares of Vipshop in a research report on Wednesday, November 6th. They set an “overweight” rating and a $19.00 target price on the stock. Finally, Citigroup reduced their price target on shares of Vipshop from $18.00 to $17.00 and set a “buy” rating for the company in a report on Wednesday, November 20th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Vipshop currently has a consensus rating of “Hold” and an average price target of $17.50.

Vipshop Price Performance

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

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.