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Vipshop Holdings Limited receives a $186,000 investment from Assenagon Asset Management S.A. (NYSE:VIPS)

Vipshop Holdings Limited receives a $186,000 investment from Assenagon Asset Management S.A. (NYSE:VIPS)

The company’s most recent filing with the SEC disclosed that Assenagon Asset Management S.A. had made a new investment in Vipshop Holdings Limited (NYSE: VIPS) in the third quarter of this year. The investment fund acquired a total of 22,150 shares of stock in the technological enterprise at the cost of approximately $186,500.

Other institutional investors and hedge funds, including a number of them, have also adjusted the percentage of the stock they are currently holding. Help Advisors LTD. increased the percentage of ownership held in Vipshop by 13.4% during the year’s second quarter. Help Advisors LTD. now owns a total of 25,116,486 shares of the technology company’s stock following the acquisition of an additional 2,965,993 shares during the most recent period. The current market value of these shares is 248,402,000 dollars. During the first quarter, Vanguard Group Inc. increased the proportion of VIP STOCK that it held by one point or one-hundredth of a percentage point. The value of the 16,345,728 shares of stock that Vanguard Group Inc. currently holds brings the company’s total assets to a total of $147,111,000. This was accomplished by purchasing an additional 163,532 shares throughout the quarter. UBS Asset Management Americas Inc. increased the percentage of ownership it held in the VIP Shop by an astounding 372.0% during the second quarter. UBS Asset Management Americas Inc. now has a total of 15,973,927 shares of the technology company’s stock after purchasing an additional 12,589,357 shares throughout the most recent period. The stock currently has a total value of $157,982,000 due to the ownership of these 15,973,927 shares. The number of shares of VIP STOCK owned by Dimensional Fund Advisors L.P. increased by 10.9% during the first three months of 2018. Dimensional Fund Advisors L.P. has 10,927,203 shares in the technology company after purchasing an additional 1,069,930 shares during the most recent period. This brings the total number of shares owned by the firm to 10,927,203. At this moment, the value of these shares is determined to be $98,379,000. And finally, during the period covered by this report, the State Street Corporation increased the percentage of VIP Shop shares it held by 2.6 percent. State Street Corp. now owns 9,673,583 shares of the technology company’s stock, which have an estimated $87,062,000 after purchasing an additional 241,500 shares during the most recent quarter. This brings the total number of shares owned by State Street Corp. to 9,673,583. Institutional investors are responsible for purchasing large blocks of shares, resulting in them owning 49.81% of the company’s stock.

NYSE VIPS began trading on Thursday for the first time, with the stock price opening at $14.81. Vipshop Holdings Limited reached an all-time low of $5.75 during the last 52 weeks, while the stock reached an all-time high of $15.99 during the same period. According to the simple moving average calculated over the past 200 days, the stock price is $10.43. Still, according to the simple moving average calculated over the last 50 days, the stock price is $12.51. Currently, the company has a P.E. ratio of 11.94, a beta value of 0.50, and a market capitalization of $10.06 billion.

The most recent earnings report for Vipshop’s quarterly business, which was released on November 22 and can be found on the NYSE under the ticker symbol VIPS, The information technology company reported earnings per share (EPS) of $0.28 for the quarter, which was $0.05 higher than the consensus estimate of $0.23 from industry analysts. The return on equity for Vipshop was calculated to be 16.41%, and the net margin for the company was calculated to be 5.13%. The revenue for the quarter only totaled $3.04 billion, which is significantly lower than the $3.25 billion that was generally anticipated to be generated. According to forecasts provided by analysts specializing in the retail sector, Vipshop Holdings Limited is anticipated to generate $1.08 per share earnings for the current financial year.

Recent reports on the stock that several research analysts have been following closely have been produced. According to a research note published on October 6, Citigroup has decreased the price objective that it had set for VIP Shop shares from $10.90 to $10.00. The change was publicized in the note. On November 23, StockNews.com changed its rating on the shares of Vipshop from “hold” to “buy,” reflecting the company’s belief that the stock’s future is bright. The change took immediate effect after it was made. Daiwa Capital Markets stated in a research note published on September 29 that they would be lowering their target price on Vipshop shares from $10.00 to $8.80. The new price target was announced. In a research note released on September 29, HSBC lowered their price target and gave the stock of VIPSHOP a “hold” rating while also dropping their price objective from $10.10 to $9.60. In addition, they lowered their price objective from $9.60 to $9.40. The price objective has been reduced compared to VIPSHOP’s previous price of $9.80. The Goldman Sachs Group increased their price objective on Vipshop from $10.10 to $11.40 and upgraded the company from a “neutral” rating to an “overweight” rating in a research note published on November 23. The very last and most significant upgrade was this one. Two analysts have given the stock a buy rating, while five experts recommended that shareholders hold their current positions. According to the data provided by Bloomberg, the current consensus rating for the stock is “Hold,” and the consensus price objective for the share price is $11.04 per share. Both of this estima

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