American Century Companies Inc. Has $30.04 Million Holdings in Vipshop Holdings Limited $VIPS

American Century Companies Inc. increased its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS) by 24.1% during the second quarter, Holdings Channel.com reports. The fund owned 1,996,122 shares of the technology company’s stock after purchasing an additional 387,223 shares during the quarter. American Century Companies Inc.’s holdings in Vipshop were worth $30,042,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of VIPS. Farther Finance Advisors LLC grew its position in shares of Vipshop by 209.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,551 shares of the technology company’s stock worth $38,000 after purchasing an additional 1,726 shares in the last quarter. Brooklyn Investment Group boosted its stake in shares of Vipshop by 1,695.2% in the first quarter. Brooklyn Investment Group now owns 2,621 shares of the technology company’s stock valued at $41,000 after buying an additional 2,475 shares during the period. Hantz Financial Services Inc. grew its position in Vipshop by 1,187.1% during the second quarter. Hantz Financial Services Inc. now owns 3,282 shares of the technology company’s stock worth $49,000 after buying an additional 3,027 shares in the last quarter. Huntington National Bank grew its position in Vipshop by 53.8% during the second quarter. Huntington National Bank now owns 3,323 shares of the technology company’s stock worth $50,000 after buying an additional 1,163 shares in the last quarter. Finally, Atlas Capital Advisors Inc. increased its stake in 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 own 48.82% of the company’s stock.

Vipshop Stock Performance

NYSE VIPS opened at $19.64 on Monday. The firm’s fifty day moving average price is $19.03 and its two-hundred day moving average price is $16.89. The stock has a market cap of $10.07 billion, a PE ratio of 10.67, a PEG ratio of 2.11 and a beta of 0.83. Vipshop Holdings Limited has a fifty-two week low of $12.14 and a fifty-two week high of $21.08.

Analyst Upgrades and Downgrades

VIPS has been the subject of a number of recent analyst reports. Barclays upped their target price on Vipshop from $19.00 to $21.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. Citigroup reaffirmed a “neutral” rating on shares of Vipshop in a research report on Thursday, November 20th. Zacks Research downgraded shares of Vipshop from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 27th. Benchmark restated a “hold” rating on shares of Vipshop in a research report on Friday, November 21st. Finally, Wall Street Zen lowered shares of Vipshop from a “buy” rating to a “hold” rating in a research report on Sunday. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Vipshop presently has an average rating of “Hold” and an average price target of $19.83.

About Vipshop

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.