Sankala Group LLC Purchases New Position in Vipshop Holdings Limited $VIPS

Sankala Group LLC purchased a new stake in Vipshop Holdings Limited (NYSE:VIPS) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 48,147 shares of the technology company’s stock, valued at approximately $839,000. Vipshop accounts for about 0.7% of Sankala Group LLC’s portfolio, making the stock its 28th biggest position.

A number of other institutional investors also recently made changes to their positions in the company. DGS Capital Management LLC increased its stake in shares of Vipshop by 10.1% during the fourth quarter. DGS Capital Management LLC now owns 58,518 shares of the technology company’s stock worth $1,035,000 after purchasing an additional 5,370 shares during the period. Virtu Financial LLC bought a new stake in Vipshop in the 4th quarter valued at $482,000. Kovitz Investment Group Partners LLC grew its holdings in Vipshop by 5.0% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 79,065 shares of the technology company’s stock valued at $1,399,000 after buying an additional 3,730 shares in the last quarter. Compound Planning Inc. grew its holdings in Vipshop by 13.8% in the 4th quarter. Compound Planning Inc. now owns 15,351 shares of the technology company’s stock valued at $272,000 after buying an additional 1,863 shares in the last quarter. Finally, Invesco Ltd. increased its position in Vipshop by 0.9% during the 4th quarter. Invesco Ltd. now owns 16,864,626 shares of the technology company’s stock worth $298,335,000 after buying an additional 148,970 shares during the period. Institutional investors own 48.82% of the company’s stock.

Vipshop Stock Performance

Shares of NYSE VIPS opened at $13.37 on Friday. Vipshop Holdings Limited has a 52 week low of $13.27 and a 52 week high of $21.08. The stock has a market capitalization of $6.40 billion, a P/E ratio of 6.28, a PEG ratio of 1.34 and a beta of 0.64. The stock’s fifty day moving average is $14.35 and its 200 day moving average is $16.41.

Analyst Upgrades and Downgrades

Several research firms recently commented on VIPS. Jefferies Financial Group restated a “buy” rating on shares of Vipshop in a research note on Thursday, February 26th. Bank of America reissued an “underperform” rating on shares of Vipshop in a report on Friday, May 29th. UBS Group set a $18.50 target price on shares of Vipshop and gave the stock a “buy” rating in a research report on Friday, May 22nd. Weiss Ratings cut shares of Vipshop from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. Finally, Nomura upgraded shares of Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 price target for the company in a research report on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.