Jefferies Group LLC Has $1.19 Million Stake in Vipshop Holdings Ltd – (VIPS)

Jefferies Group LLC reduced its position in shares of Vipshop Holdings Ltd – (NYSE:VIPS) by 87.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 101,699 shares of the technology company’s stock after selling 709,179 shares during the period. Jefferies Group LLC’s holdings in Vipshop were worth $1,192,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of VIPS. BlackRock Inc. grew its stake in Vipshop by 19.7% during the 4th quarter. BlackRock Inc. now owns 20,007,313 shares of the technology company’s stock worth $234,485,000 after buying an additional 3,291,645 shares during the last quarter. Schroder Investment Management Group grew its stake in Vipshop by 3.9% during the 4th quarter. Schroder Investment Management Group now owns 13,772,922 shares of the technology company’s stock worth $161,418,000 after buying an additional 520,031 shares during the last quarter. Neuberger Berman Group LLC grew its stake in Vipshop by 3,636.3% during the 3rd quarter. Neuberger Berman Group LLC now owns 5,304,737 shares of the technology company’s stock worth $46,629,000 after buying an additional 5,162,758 shares during the last quarter. Global Thematic Partners LLC grew its stake in Vipshop by 33.4% during the 4th quarter. Global Thematic Partners LLC now owns 4,608,109 shares of the technology company’s stock worth $54,008,000 after buying an additional 1,153,759 shares during the last quarter. Finally, UBS Asset Management Americas Inc. grew its stake in Vipshop by 31.5% during the 4th quarter. UBS Asset Management Americas Inc. now owns 3,562,726 shares of the technology company’s stock worth $41,755,000 after buying an additional 853,417 shares during the last quarter. 47.95% of the stock is currently owned by institutional investors and hedge funds.

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Shares of NYSE:VIPS traded up $0.26 on Friday, hitting $16.70. The company’s stock had a trading volume of 7,948,100 shares, compared to its average volume of 8,778,679. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.98 and a current ratio of 1.35. The stock has a market cap of $10,786.78, a price-to-earnings ratio of 28.79 and a beta of 2.27. Vipshop Holdings Ltd – has a 12 month low of $7.79 and a 12 month high of $19.14.

Vipshop (NYSE:VIPS) last announced its quarterly earnings data on Monday, February 12th. The technology company reported $0.19 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.04. The business had revenue of $3.71 billion during the quarter, compared to analyst estimates of $3.60 billion. Vipshop had a return on equity of 25.75% and a net margin of 2.67%. equities research analysts predict that Vipshop Holdings Ltd – will post 0.64 EPS for the current year.

A number of research analysts recently commented on VIPS shares. Daiwa Capital Markets upgraded Vipshop from a “hold” rating to a “buy” rating in a research note on Monday, December 18th. HSBC upgraded Vipshop from a “reduce” rating to a “hold” rating in a research note on Wednesday, January 3rd. Nomura upgraded Vipshop from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 10th. Sanford C. Bernstein raised Vipshop from a “market perform” rating to an “outperform” rating and set a $10.00 price target for the company in a research note on Tuesday, January 16th. Finally, KeyCorp set a $17.00 price target on Vipshop and gave the stock a “buy” rating in a research note on Tuesday, January 16th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $17.20.

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About Vipshop

Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms.

Institutional Ownership by Quarter for Vipshop (NYSE:VIPS)

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