Dymon Asia Capital Singapore PTE. LTD. Makes New Investment in Vipshop Holdings Limited $VIPS

Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in Vipshop Holdings Limited (NYSE:VIPS) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 67,112 shares of the technology company’s stock, valued at approximately $1,187,000.

A number of other large investors also recently modified their holdings of the company. Mariner LLC boosted its position in shares of Vipshop by 3.2% in the third quarter. Mariner LLC now owns 18,308 shares of the technology company’s stock valued at $360,000 after acquiring an additional 561 shares during the period. D Orazio & Associates Inc. boosted its position in shares of Vipshop by 4.3% in the third quarter. D Orazio & Associates Inc. now owns 15,119 shares of the technology company’s stock valued at $297,000 after acquiring an additional 618 shares during the period. Arax Advisory Partners boosted its position in shares of Vipshop by 96.8% in the fourth quarter. Arax Advisory Partners now owns 1,407 shares of the technology company’s stock valued at $25,000 after acquiring an additional 692 shares during the period. Quadrant Capital Group LLC boosted its position in shares of Vipshop by 0.6% in the third quarter. Quadrant Capital Group LLC now owns 126,881 shares of the technology company’s stock valued at $2,492,000 after acquiring an additional 787 shares during the period. Finally, Loomis Sayles & Co. L P boosted its position in shares of Vipshop by 1.5% in the fourth quarter. Loomis Sayles & Co. L P now owns 63,826 shares of the technology company’s stock valued at $1,129,000 after acquiring an additional 949 shares during the period. 48.82% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on VIPS. Bank of America restated an “underperform” rating on shares of Vipshop in a research report on Friday, May 29th. Weiss Ratings lowered shares of Vipshop from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 26th. Benchmark restated a “hold” rating on shares of Vipshop in a research report on Friday, May 22nd. UBS Group set a $18.50 price objective on shares of Vipshop and gave the company a “buy” rating in a research report on Friday, May 22nd. Finally, Jefferies Financial Group restated a “buy” rating on shares of Vipshop in a research report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $20.20.

Vipshop Price Performance

Shares of VIPS opened at $13.92 on Friday. The firm’s 50 day simple moving average is $14.51 and its 200 day simple moving average is $16.62. The company has a market capitalization of $6.67 billion, a P/E ratio of 6.54, a P/E/G ratio of 1.40 and a beta of 0.64. Vipshop Holdings Limited has a 1-year low of $13.44 and a 1-year high of $21.08.

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.