Aurora Investment Counsel Trims Stock Holdings in Vipshop Holdings Limited $VIPS

Aurora Investment Counsel decreased its position in Vipshop Holdings Limited (NYSE:VIPS) by 27.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98,009 shares of the technology company’s stock after selling 36,808 shares during the period. Aurora Investment Counsel’s holdings in Vipshop were worth $1,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC raised its stake in Vipshop by 59.5% in the 4th quarter. Barclays PLC now owns 760,593 shares of the technology company’s stock worth $13,455,000 after acquiring an additional 283,733 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new position in Vipshop in the 4th quarter worth $132,000. Transamerica Financial Advisors LLC raised its stake in Vipshop by 156.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 6,579 shares of the technology company’s stock worth $116,000 after acquiring an additional 4,009 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in Vipshop by 11.0% in the 4th quarter. The Manufacturers Life Insurance Company now owns 737,993 shares of the technology company’s stock worth $13,285,000 after acquiring an additional 73,334 shares during the last quarter. Finally, Bridgefront Capital LLC purchased a new position in Vipshop in the 4th quarter worth $215,000. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Vipshop Stock Performance

NYSE VIPS opened at $13.92 on Friday. The stock has a 50-day simple moving average of $14.51 and a two-hundred day simple moving average of $16.62. The firm has a market capitalization of $6.67 billion, a P/E ratio of 6.54, a PEG ratio of 1.40 and a beta of 0.64. Vipshop Holdings Limited has a fifty-two week low of $13.44 and a fifty-two week high of $21.08.

Analyst Ratings Changes

A number of brokerages recently issued reports on VIPS. UBS Group set a $18.50 target price on Vipshop and gave the stock a “buy” rating in a research note on Friday, May 22nd. Benchmark reiterated a “hold” rating on shares of Vipshop in a research note on Friday, May 22nd. JPMorgan Chase & Co. reduced their price objective on Vipshop from $22.00 to $21.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. Bank of America reiterated an “underperform” rating on shares of Vipshop in a research note on Friday, May 29th. Finally, Weiss Ratings lowered Vipshop from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $20.20.

About Vipshop

Vipshop Holdings Limited (NYSE:VIPS) is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.