Vipshop Holdings Limited (NYSE:VIPS) Shares Sold by Atlas Capital Advisors LLC

Atlas Capital Advisors LLC decreased its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS) by 89.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,450 shares of the technology company’s stock after selling 30,756 shares during the period. Atlas Capital Advisors LLC’s holdings in Vipshop were worth $45,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of VIPS. Natixis Advisors L.P. increased its holdings in Vipshop by 1.2% in the fourth quarter. Natixis Advisors L.P. now owns 63,756 shares of the technology company’s stock valued at $1,132,000 after buying an additional 757 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in Vipshop by 5.1% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 15,976 shares of the technology company’s stock worth $264,000 after purchasing an additional 779 shares in the last quarter. Diversified Trust Co increased its position in shares of Vipshop by 0.9% in the first quarter. Diversified Trust Co now owns 99,737 shares of the technology company’s stock valued at $1,651,000 after buying an additional 875 shares in the last quarter. Vinva Investment Management Ltd raised its stake in shares of Vipshop by 6.4% during the 4th quarter. Vinva Investment Management Ltd now owns 16,007 shares of the technology company’s stock worth $281,000 after buying an additional 969 shares during the last quarter. Finally, Janiczek Wealth Management LLC boosted its position in shares of Vipshop by 6.3% in the 1st quarter. Janiczek Wealth Management LLC now owns 20,248 shares of the technology company’s stock worth $336,000 after buying an additional 1,193 shares in the last quarter. 48.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on VIPS shares. CLSA lowered shares of Vipshop from an “outperform” rating to a “hold” rating and lowered their price target for the company from $15.80 to $12.00 in a research report on Wednesday, August 21st. UBS Group downgraded Vipshop from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $20.00 to $12.50 in a research report on Wednesday, August 21st. Benchmark cut Vipshop from a “buy” rating to a “hold” rating in a research report on Thursday, May 23rd. Citigroup decreased their price target on shares of Vipshop from $25.00 to $20.00 and set a “buy” rating on the stock in a research note on Thursday, May 23rd. Finally, Morgan Stanley reduced their price objective on shares of Vipshop from $16.00 to $14.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 20th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Vipshop currently has a consensus rating of “Hold” and an average target price of $17.75.

Vipshop Stock Performance

Shares of VIPS stock opened at $12.54 on Friday. The firm has a market capitalization of $6.80 billion, a price-to-earnings ratio of 5.83 and a beta of 0.32. The company has a 50 day moving average price of $13.41 and a 200 day moving average price of $15.43. Vipshop Holdings Limited has a one year low of $11.50 and a one year high of $20.19.

Vipshop (NYSE:VIPS) last posted its quarterly earnings results on Tuesday, August 20th. The technology company reported $3.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $3.43. The firm had revenue of $25.08 billion during the quarter, compared to the consensus estimate of $26.61 billion. Vipshop had a return on equity of 22.51% and a net margin of 7.52%. The firm’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.51 earnings per share. As a group, equities analysts forecast that Vipshop Holdings Limited will post 2 EPS for the current fiscal year.

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.