Vipshop Hldgs Ltd (NYSE:VIPS) Shareholder Keywise Capital Management Ltd Upped Its Position by $66.20 Million as Price Rose

May 17, 2018 - By Richard Doty

Keywise Capital Management Ltd upped its stake by 157.35% in Vipshop Hldgs Ltd (NYSE:VIPS), according to 2018Q1 SEC regulatory report. Vipshop Hldgs Ltd (NYSE:VIPS) rose 37.84% while stock markets declined as Keywise Capital Management Ltd bought 4.14M shares. It held 6.77M shares of Vipshop Hldgs Ltd (NYSE:VIPS) at the end of 2018Q1, valued at $112.47M, up from 2.63M last quarter. $8.34 billion is the Vipshop Hldgs Ltd’s market cap. 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%.

It decreased position by shares to shares, and cut its stake.

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

A total of 9 analysts rate Vipshop (NYSE:VIPS) as follows: 8 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 89% are bullish. (NYSE:VIPS) has 12 ratings reports on 17 May 2018 according to StockzIntelligence. The stock rating was upgraded by Bernstein to “Outperform” on Tuesday, January 16. On Tuesday, February 13 the firm has “Buy” rating given by KeyBanc Capital Markets. The stock rating was upgraded by Macquarie Research to “Buy” on Tuesday, February 13. On Wednesday, February 14 the rating was upgraded by HSBC to “Buy”. On Monday, November 20 KeyBanc Capital Markets maintained Vipshop Holdings Limited (NYSE:VIPS) with “Buy” rating. On Wednesday, February 14 Benchmark maintained Vipshop Holdings Limited (NYSE:VIPS) with “Buy” rating. On Wednesday, January 10 the firm earned “Buy” rating by Nomura. On Monday, December 18 Daiwa Securities upgraded Vipshop Holdings Limited (NYSE:VIPS) to “Buy” rating. On Wednesday, February 14 the stock has “Neutral” rating by JP Morgan. The company rating was maintained by KeyBanc Capital Markets on Tuesday, January 16.

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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