Campbell & CO Investment Adviser LLC Has $430,000 Position in Vipshop Holdings Limited $VIPS

Campbell & CO Investment Adviser LLC trimmed its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS) by 24.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,573 shares of the technology company’s stock after selling 9,009 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Vipshop were worth $430,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC grew its stake in Vipshop by 209.2% in the second quarter. Farther Finance Advisors LLC now owns 2,551 shares of the technology company’s stock valued at $38,000 after purchasing an additional 1,726 shares in the last quarter. Brooklyn Investment Group increased its position in Vipshop by 1,695.2% during the first quarter. Brooklyn Investment Group now owns 2,621 shares of the technology company’s stock worth $41,000 after buying an additional 2,475 shares during the last quarter. Hantz Financial Services Inc. raised its stake in Vipshop by 1,187.1% in the second quarter. Hantz Financial Services Inc. now owns 3,282 shares of the technology company’s stock valued at $49,000 after buying an additional 3,027 shares during the period. Huntington National Bank lifted its position in shares of Vipshop by 53.8% in the second quarter. Huntington National Bank now owns 3,323 shares of the technology company’s stock valued at $50,000 after buying an additional 1,163 shares during the last quarter. Finally, Atlas Capital Advisors Inc. boosted its stake in shares of Vipshop by 41.5% during the 1st quarter. Atlas Capital Advisors Inc. now owns 3,567 shares of the technology company’s stock worth $56,000 after acquiring an additional 1,046 shares during the period. Institutional investors and hedge funds own 48.82% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vipshop in a report on Thursday. Wall Street Zen cut shares of Vipshop from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Zacks Research cut shares of Vipshop from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 27th. Finally, Citigroup raised their price objective on shares of Vipshop from $17.00 to $19.00 and gave the stock a “neutral” rating in a research report on Friday, August 15th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $18.33.

Vipshop Stock Performance

NYSE:VIPS opened at $19.40 on Monday. Vipshop Holdings Limited has a 52 week low of $12.14 and a 52 week high of $21.08. The firm’s 50-day simple moving average is $18.81 and its 200 day simple moving average is $16.54. The firm has a market cap of $9.95 billion, a price-to-earnings ratio of 10.54, a P/E/G ratio of 2.11 and a beta of 0.83.

Vipshop Company 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.