United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Invests $3.53 Million in Vipshop Holdings Limited $VIPS

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

A number of other institutional investors also recently modified their holdings of VIPS. Richardson Financial Services Inc. boosted its holdings in shares of Vipshop by 153.8% during the fourth quarter. Richardson Financial Services Inc. now owns 2,063 shares of the technology company’s stock worth $36,000 after purchasing an additional 1,250 shares during the period. Cooper Investors PTY Ltd. purchased a new stake in shares of Vipshop during the fourth quarter worth about $58,000. Huntington National Bank boosted its holdings in shares of Vipshop by 36.3% during the third quarter. Huntington National Bank now owns 4,530 shares of the technology company’s stock worth $89,000 after purchasing an additional 1,207 shares during the period. Global Retirement Partners LLC boosted its holdings in shares of Vipshop by 104.3% during the fourth quarter. Global Retirement Partners LLC now owns 5,975 shares of the technology company’s stock worth $106,000 after purchasing an additional 3,050 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Vipshop by 229.1% during the fourth quarter. Farther Finance Advisors LLC now owns 8,648 shares of the technology company’s stock worth $153,000 after purchasing an additional 6,020 shares during the period. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on VIPS shares. UBS Group set a $18.50 target price on shares of Vipshop and gave the stock a “buy” rating in a report on Friday, May 22nd. JPMorgan Chase & Co. lowered their price objective on shares of Vipshop from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Tuesday, March 31st. Benchmark restated a “hold” rating on shares of Vipshop in a report on Friday, May 22nd. Bank of America restated an “underperform” rating on shares of Vipshop in a report on Friday. Finally, Weiss Ratings lowered shares of Vipshop from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Vipshop presently has a consensus rating of “Moderate Buy” and an average target price of $20.20.

Vipshop Price Performance

Shares of VIPS opened at $14.16 on Friday. The company has a 50-day simple moving average of $14.86 and a two-hundred day simple moving average of $17.00. Vipshop Holdings Limited has a one year low of $13.35 and a one year high of $21.08. The firm has a market capitalization 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.

About Vipshop

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.