Keywise Capital Management Ltd Position in Vipshop Hldgs Ltd (NYSE:VIPS) Upped by $66.20 Million

May 17, 2018 - By Alice Fox

The holdings In Vipshop Hldgs Ltd (NYSE:VIPS) held by Keywise Capital Management Ltd was increased. According to 2018Q1 Securities and Exchange filling the increase is 157.35%. Vipshop Hldgs Ltd (NYSE:VIPS) rose 37.84% while stock markets declined as Keywise Capital Management Ltd bought 4.14 million shares. Keywise Capital Management Ltd reported $112.47M position in Keywise Capital Management Ltd for 2018Q1. Now it holds 6.77 million shares, compared to 2.63 million last quarter. $8.34B is the Vipshop Hldgs Ltd’s market cap. VIPS hit $12.66 during the last trading session after $0.58 change.Vipshop Holdings Limited has 34.08M shares volume, 249.64% up from normal. VIPS is uptrending and has moved 21.34% since May 17, 2017. VIPS outperformed by 9.79% the S&P500.

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. On Wednesday, February 14 the stock of Vipshop Holdings Limited (NYSE:VIPS) has “Buy” rating given by HSBC. On Monday, December 18 the stock of Vipshop Holdings Limited (NYSE:VIPS) earned “Buy” rating by Daiwa Securities. On Tuesday, January 16 the firm has “Buy” rating by KeyBanc Capital Markets given. In Tuesday, February 13 report KeyBanc Capital Markets maintained the stock with “Buy” rating. On Monday, November 20 the stock has “Buy” rating by KeyBanc Capital Markets. In Tuesday, February 13 report Macquarie Research upgraded the stock to “Buy” rating. On Tuesday, January 16 the rating was upgraded by Bernstein to “Outperform”. In Wednesday, February 14 report Benchmark maintained the stock with “Buy” rating. On Wednesday, January 10 the company was upgraded by Nomura. On Thursday, November 23 the company was maintained by JP Morgan.

Vipshop Holdings Limited, through its subsidiaries, operates as an online discount retailer for various brands in the People's Republic of China.The firm is worth $8.34 billion. 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.The P/E ratio is 25.07. 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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