Mount Yale Investment Advisors LLC Buys 3,782 Shares of Vipshop Holdings Limited (NYSE:VIPS)

Mount Yale Investment Advisors LLC increased its stake in Vipshop Holdings Limited (NYSE:VIPS) by 24.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,573 shares of the technology company’s stock after purchasing an additional 3,782 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Vipshop were worth $264,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Atomi Financial Group Inc. increased its position in Vipshop by 6.8% in the third quarter. Atomi Financial Group Inc. now owns 11,050 shares of the technology company’s stock worth $174,000 after buying an additional 702 shares during the last quarter. Signaturefd LLC grew its stake in shares of Vipshop by 5.1% during the 3rd quarter. Signaturefd LLC now owns 16,704 shares of the technology company’s stock worth $263,000 after acquiring an additional 817 shares during the period. Asset Management One Co. Ltd. increased its holdings in Vipshop by 2.0% in the 3rd quarter. Asset Management One Co. Ltd. now owns 48,963 shares of the technology company’s stock worth $770,000 after acquiring an additional 954 shares during the last quarter. Blue Trust Inc. raised its stake in Vipshop by 17.5% in the 4th quarter. Blue Trust Inc. now owns 9,972 shares of the technology company’s stock valued at $134,000 after acquiring an additional 1,487 shares during the period. Finally, Harvest Fund Management Co. Ltd lifted its holdings in Vipshop by 0.7% during the third quarter. Harvest Fund Management Co. Ltd now owns 298,200 shares of the technology company’s stock valued at $4,691,000 after purchasing an additional 2,055 shares during the last quarter. Hedge funds and other institutional investors own 48.82% of the company’s stock.

Vipshop Trading Down 2.7 %

VIPS stock opened at $14.39 on Thursday. Vipshop Holdings Limited has a 1-year low of $11.50 and a 1-year high of $20.19. The stock has a market cap of $7.39 billion, a price-to-earnings ratio of 6.89, a price-to-earnings-growth ratio of 1.45 and a beta of 0.31. The company’s 50 day moving average is $13.56 and its 200 day moving average is $13.83.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. StockNews.com upgraded shares of Vipshop from a “hold” rating to a “buy” rating in a research note on Monday, January 20th. Benchmark reissued a “hold” rating on shares of Vipshop in a report on Wednesday, November 20th. Citigroup cut their price objective on shares of Vipshop from $18.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, November 20th. Finally, Barclays assumed coverage on shares of Vipshop in a research note on Wednesday, November 6th. They issued an “overweight” rating and a $19.00 target price on the stock. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $17.50.

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.