Vipshop Holdings Limited (NYSE:VIPS) Shares Bought by Atomi Financial Group Inc.

Atomi Financial Group Inc. grew its position in Vipshop Holdings Limited (NYSE:VIPS) by 10.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,241 shares of the technology company’s stock after acquiring an additional 1,191 shares during the quarter. Atomi Financial Group Inc.’s holdings in Vipshop were worth $165,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. First Beijing Investment Ltd purchased a new stake in Vipshop in the 3rd quarter valued at $120,182,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Vipshop by 179.5% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,984,082 shares of the technology company’s stock valued at $62,670,000 after purchasing an additional 2,558,896 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of Vipshop in the third quarter valued at about $14,938,000. Hhlr Advisors LTD. boosted its stake in shares of Vipshop by 6.2% during the third quarter. Hhlr Advisors LTD. now owns 15,720,322 shares of the technology company’s stock worth $247,281,000 after buying an additional 914,322 shares during the period. Finally, Marathon Asset Management Ltd increased its position in Vipshop by 14.9% in the 3rd quarter. Marathon Asset Management Ltd now owns 4,390,922 shares of the technology company’s stock valued at $69,069,000 after acquiring an additional 570,869 shares during the period. 48.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on VIPS shares. Barclays initiated coverage on Vipshop in a research report on Wednesday, November 6th. They set an “overweight” rating and a $19.00 price objective for the company. StockNews.com raised Vipshop from a “hold” rating to a “buy” rating in a report on Monday, January 20th. Citigroup dropped their price objective on shares of Vipshop from $18.00 to $17.00 and set a “buy” rating on the stock in a research note on Wednesday, November 20th. Finally, Benchmark restated a “hold” rating on shares of Vipshop in a research note on Wednesday, November 20th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $17.50.

Vipshop Stock Performance

Vipshop stock opened at $15.00 on Tuesday. Vipshop Holdings Limited has a one year low of $11.50 and a one year high of $20.19. The company has a market cap of $7.70 billion, a P/E ratio of 7.17, a price-to-earnings-growth ratio of 1.45 and a beta of 0.31. The business has a fifty day moving average of $13.51 and a two-hundred day moving average of $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.