Vipshop Hldgs Ltd (NYSE:VIPS) Shareholder Keywise Capital Management Ltd Upped Position as Price Rose

May 17, 2018 - By Vernon Prom

According to 2018Q1 SEC filling Keywise Capital Management Ltd increased its holdings in Vipshop Hldgs Ltd (NYSE:VIPS) by 157.35%. 4.14M shares were bought by Keywise Capital Management Ltd as Vipshop Hldgs Ltd (NYSE:VIPS) stock rose 37.84% while stock markets declined. In 2018Q1, Keywise Capital Management Ltd held 6.77M shares of Vipshop Hldgs Ltd (NYSE:VIPS), priced at $112.47 million, up from 2.63 million last quarter. $8.34B is the Vipshop Hldgs Ltd’s MC. The stock increased 4.80% or $0.58 during the last trading session, reaching $12.66.Vipshop Holdings Limited is uptrending after having risen 21.34% since May 17, 2017. VIPS has 34.08 million volume or 249.64% up from normal. VIPS outperformed the S&P 500 by 9.79%.

Keywise Capital Management Ltd cut its stake in and reduced position by shares for a total of shares.

Keywise Capital Management Ltd is a Cayman Islands-based hedge fund that was founded by Fang Zheng. It had more than $1.77 billion assets under management in March, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Keywise Capital Management latest Adv, the fund reported to have 20 full and part-time employees. Among which 10 performing investment advisory and research functions. The hedge fund had between 11-25 clients.

Vipshop Holdings Limited (NYSE:VIPS) Ratings Coverage

Total analysts of 9 have positions in Vipshop (NYSE:VIPS) as follows: 8 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 89%. Since November 22, 2017 according to StockzIntelligence Inc Vipshop has 12 analyst reports. On Tuesday, February 13 the rating was upgraded by Macquarie Research to “Buy”. On Wednesday, February 14 the stock of Vipshop Holdings Limited (NYSE:VIPS) has “Buy” rating given by HSBC. On Wednesday, February 14 the firm has “Buy” rating given by Benchmark. On Wednesday, February 14 JP Morgan maintained the shares of VIPS in report with “Neutral” rating. On Monday, December 18 the stock of Vipshop Holdings Limited (NYSE:VIPS) has “Buy” rating given by Daiwa Securities. On Wednesday, January 10 the firm earned “Buy” rating by Nomura. On Tuesday, January 16 KeyBanc Capital Markets maintained the shares of VIPS in report with “Buy” rating. On Tuesday, January 16 the rating was upgraded by Bernstein to “Outperform”. The stock rating was maintained by JP Morgan with “Overweight” on Thursday, November 23. The stock rating was maintained by KeyBanc Capital Markets with “Buy” on Tuesday, February 13.

Vipshop Holdings Limited, through its subsidiaries, operates as an online discount retailer for various brands in the People's Republic of China.The company has $8.34 billion market cap. It offers a range of branded products, including women's apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men shoes for casual and formal occasions; and accessories consisting of belts, fashionable jewelry, watches, and glasses for women and men.25.07 is the P/E ratio. The firm also provides handbags, such as purses, satchels, duffel bags, and wallets; apparel, gear and accessories, furnishings and decor, toys, and games for boys, girls, infants, and toddlers of all age groups; sports apparel, and sports gear, and footwear for tennis, badminton, soccer, and swimming; and skin care and cosmetic products, including cleansers, lotions, face and body creams, face masks, sunscreen, foundations, lipsticks, eye shadows, and nail polish.

Vipshop Holdings Limited (NYSE:VIPS) Analyst Ratings Chart

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