Bayesian Capital Management LP Invests $515,000 in Vipshop Holdings Limited (NYSE:VIPS)

Bayesian Capital Management LP acquired a new position in shares of Vipshop Holdings Limited (NYSE:VIPS) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 31,100 shares of the technology company’s stock, valued at approximately $515,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Lindbrook Capital LLC boosted its holdings in Vipshop by 56.4% in the fourth quarter. Lindbrook Capital LLC now owns 1,963 shares of the technology company’s stock valued at $35,000 after purchasing an additional 708 shares in the last quarter. Natixis Advisors L.P. lifted its stake 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 during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in Vipshop by 5.1% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 15,976 shares of the technology company’s stock valued at $264,000 after buying an additional 779 shares during the last quarter. Diversified Trust Co lifted its stake in 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 during the last quarter. Finally, Vinva Investment Management Ltd lifted its stake in Vipshop by 6.4% in the fourth quarter. Vinva Investment Management Ltd now owns 16,007 shares of the technology company’s stock valued at $281,000 after buying an additional 969 shares during the last quarter. 48.82% of the stock is owned by institutional investors and hedge funds.

Vipshop Trading Up 1.2 %

Shares of Vipshop stock traded up $0.16 during trading hours on Wednesday, hitting $13.65. 196,514 shares of the company were exchanged, compared to its average volume of 3,919,881. Vipshop Holdings Limited has a 1 year low of $12.94 and a 1 year high of $20.19. The business has a 50-day moving average of $14.59 and a 200-day moving average of $15.89. The stock has a market capitalization of $7.40 billion, a price-to-earnings ratio of 6.27 and a beta of 0.32.

Vipshop (NYSE:VIPS) last released its quarterly earnings data on Wednesday, May 22nd. The technology company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.06. The firm had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.87 billion. Vipshop had a return on equity of 23.74% and a net margin of 7.60%. As a group, research analysts anticipate that Vipshop Holdings Limited will post 2.16 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Benchmark cut Vipshop from a “buy” rating to a “hold” rating in a research note on Thursday, May 23rd. StockNews.com cut Vipshop from a “strong-buy” rating to a “buy” rating in a research note on Monday, May 13th. Finally, Citigroup cut their price target on Vipshop from $25.00 to $20.00 and set a “buy” rating for the company in a research note on Thursday, May 23rd. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Vipshop has an average rating of “Moderate Buy” and an average price target of $22.67.

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.