Quadrant Capital Group LLC Has $57,000 Stake in Vipshop Holdings Limited (NYSE:VIPS)

Quadrant Capital Group LLC boosted its position in Vipshop Holdings Limited (NYSE:VIPSGet Rating) by 90.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,740 shares of the technology company’s stock after buying an additional 3,203 shares during the period. Quadrant Capital Group LLC’s holdings in Vipshop were worth $57,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Krane Funds Advisors LLC lifted its holdings in Vipshop by 94.0% in the third quarter. Krane Funds Advisors LLC now owns 9,076,423 shares of the technology company’s stock valued at $101,111,000 after buying an additional 4,397,543 shares during the period. E Fund Management Co. Ltd. acquired a new position in Vipshop in the third quarter valued at $25,341,000. AGF Investments Inc. acquired a new position in Vipshop in the third quarter valued at $400,000. Dimensional Fund Advisors LP increased its stake in Vipshop by 36.9% in the third quarter. Dimensional Fund Advisors LP now owns 7,811,497 shares of the technology company’s stock valued at $87,007,000 after purchasing an additional 2,105,522 shares in the last quarter. Finally, Marathon Asset Mgmt Ltd bought a new stake in Vipshop in the third quarter valued at $14,969,000. Institutional investors and hedge funds own 56.00% of the company’s stock.

NYSE:VIPS opened at $8.10 on Monday. The firm has a 50-day moving average of $8.88 and a 200-day moving average of $9.68. The company has a market cap of $5.50 billion, a PE ratio of 7.86 and a beta of 0.58. Vipshop Holdings Limited has a one year low of $5.75 and a one year high of $33.97.

Vipshop (NYSE:VIPSGet Rating) last issued its quarterly earnings data on Wednesday, February 23rd. The technology company reported $2.64 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.41 by $2.23. Vipshop had a net margin of 3.99% and a return on equity of 16.53%. The business had revenue of $35.80 billion during the quarter, compared to the consensus estimate of $35.24 billion. During the same period in the prior year, the firm posted $0.52 EPS. As a group, equities research analysts predict that Vipshop Holdings Limited will post 1.05 earnings per share for the current year.

Several research firms have weighed in on VIPS. StockNews.com began coverage on shares of Vipshop in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Morgan Stanley downgraded shares of Vipshop from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $15.00 to $10.00 in a research note on Thursday, February 24th. Zacks Investment Research raised shares of Vipshop from a “strong sell” rating to a “hold” rating in a research note on Friday, March 4th. JPMorgan Chase & Co. decreased their price target on shares of Vipshop from $9.00 to $7.00 in a research note on Monday, March 14th. Finally, CLSA decreased their price target on shares of Vipshop from $11.80 to $10.00 in a research note on Tuesday, January 4th. Ten investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $14.89.

Vipshop Company Profile (Get Rating)

Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers women's apparel, such as casual wear, jeans, dresses, outerwear, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; skin care and cosmetic products, including cleansers, lotions, face and body creams, face masks, sunscreen, foundations, lipsticks, eye shadows, and other cosmetics-related items; and accessories that include belts, jewelry, watches, and glasses for women and men.

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Institutional Ownership by Quarter for Vipshop (NYSE:VIPS)

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