As Vipshop Hldgs LTD (VIPS) Shares Rose, Keywise Capital Management LTD Decreased by $23.42 Million Its Stake

April 16, 2018 - By Daniel Mitchell

Based on the latest 2017Q4 regulatory filing with the SEC, Fang Zheng decreased its holdings in Vipshop Hldgs Ltd (VIPS) by 44.74%. The company’s stock rose 37.84% while stock markets declined as Keywise Capital Management Ltd sold 2.13M shares. At the end of 2017Q4, the hedge fund run by Fang Zheng held 2.63 million shares of the catalog and specialty distribution company, valued at $30.82 million, down from 4.76 million at the end of the previous reported quarter. Keywise Capital Management Ltd has risen its stake in and also increased its holding in Baozun Inc by 187,500 shares in the quarter, for a total of 202,500 shares.

Analysts await Vipshop Holdings Limited (NYSE:VIPS) to report earnings on May, 21. They expect $0.13 earnings per share, down 13.33 % or $0.02 from last year’s $0.15 per share. VIPS’s profit will be $85.30 million for 30.77 P/E if the $0.13 EPS becomes a reality. After $0.19 actual earnings per share reported by Vipshop Holdings Limited for the previous quarter, Wall Street now forecasts -31.58 % negative EPS growth.

Vipshop Holdings Limited (NYSE:VIPS) Ratings Coverage

In total 10 analysts cover Vipshop (NYSE:VIPS). “Buy” rating has 8, “Sell” are 0, while 2 are “Hold”. 80% are bullish. 14 are the (NYSE:VIPS)’s analyst reports since October 19, 2017 according to StockzIntelligence Inc. On Thursday, November 23 JP Morgan maintained Vipshop Holdings Limited (NYSE:VIPS) rating. JP Morgan has “Overweight” rating and $10 target. On Wednesday, February 14 the firm earned “Neutral” rating by JP Morgan. On Wednesday, January 10 Nomura upgraded the shares of VIPS in report to “Buy” rating. On Tuesday, January 16 the rating was upgraded by Bernstein to “Outperform”. On Wednesday, February 14 the rating was maintained by Benchmark with “Buy”. On Tuesday, February 13 the stock of Vipshop Holdings Limited (NYSE:VIPS) earned “Buy” rating by KeyBanc Capital Markets. On Monday, November 20 the firm earned “Buy” rating by KeyBanc Capital Markets. On Thursday, October 19 the company was maintained by KeyBanc Capital Markets. On Tuesday, January 16 KeyBanc Capital Markets maintained Vipshop Holdings Limited (NYSE:VIPS) with “Buy” rating. On Tuesday, February 13 the rating was upgraded by Macquarie Research to “Buy”.

Vipshop Holdings Limited (NYSE:VIPS) Analyst Ratings Chart

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