Vipshop Hldgs LTD (VIPS) Market Valuation Rose While Flowering Tree Investment Management Pte LTD Has Cut Its Holding by $3.11 Million

September 17, 2017 - By Linda Rogers

Flowering Tree Investment Management Pte Ltd decreased its stake in Vipshop Hldgs Ltd (VIPS) by 2.98% based on its latest 2016Q4 regulatory filing with the SEC. Flowering Tree Investment Management Pte Ltd sold 283,002 shares as the company’s stock rose 10.03% with the market. The institutional investor held 9.22 million shares of the catalog and specialty distribution company at the end of 2016Q4, valued at $101.48M, down from 9.50 million at the end of the previous reported quarter. Flowering Tree Investment Management Pte Ltd who had been investing in Vipshop Hldgs Ltd for a number of months, seems to be less bullish one the $5.92 billion market cap company. The stock increased 1.52% or $0.15 on September 15, reaching $10.03. About 11.15 million shares traded or 18.24% up from the average. Vipshop Holdings Ltd – ADR (NYSE:VIPS) has risen 27.19% since September 17, 2016 and is uptrending. It has outperformed by 10.49% the S&P500.

Flowering Tree Investment Management Pte Ltd, which manages about $207.60 million US Long portfolio, upped its stake in Alibaba Gropu Hldg Ltd (NYSE:BABA) by 114,728 shares to 345,443 shares, valued at $30.33 million in 2016Q4, according to the filing.

Wall Street await Vipshop Holdings Ltd – ADR (NYSE:VIPS) to release earnings on November, 20. Analysts forecast earnings per share of $0.10, down exactly $0.02 or 16.67 % from 2014’s $0.12 EPS. The expected VIPS’s profit could reach $59.02 million giving the stock 25.08 P/E in the case that $0.10 earnings per share is reported. After posting $0.13 EPS for the previous quarter, Vipshop Holdings Ltd – ADR’s analysts now forecast -23.08 % negative EPS growth.

More news for Vipshop Holdings Ltd – ADR (NYSE:VIPS) were recently published by: Benzinga.com, which released: “20 Stocks Moving In Thursday’s Pre-Market Session” on August 17, 2017. Benzinga.com‘s article titled: “25 Stocks Moving In Tuesday’s Pre-Market Session” and published on August 22, 2017 is yet another important article.

Vipshop Holdings Ltd – ADR (NYSE:VIPS) Ratings Coverage

Among 15 analysts covering Vipshop Holdings Limited (NYSE:VIPS), 8 have Buy rating, 3 Sell and 4 Hold. Therefore 53% are positive. Vipshop Holdings Limited has $27.30 highest and $10 lowest target. $16.96’s average target is 69.09% above currents $10.03 stock price. Vipshop Holdings Limited had 27 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Buy” rating by Nomura on Wednesday, August 17. The firm has “Neutral” rating by JP Morgan given on Wednesday, May 18. HSBC downgraded Vipshop Holdings Ltd – ADR (NYSE:VIPS) on Friday, August 18 to “Reduce” rating. Morgan Stanley downgraded the shares of VIPS in report on Thursday, December 17 to “Underweight” rating. The stock has “Buy” rating by Deutsche Bank on Thursday, November 10. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Monday, November 16. The firm earned “Hold” rating on Thursday, August 17 by Daiwa Securities. The firm has “Hold” rating by Deutsche Bank given on Friday, June 30. The company was downgraded on Friday, February 26 by Credit Suisse. Jefferies maintained Vipshop Holdings Ltd – ADR (NYSE:VIPS) on Thursday, July 13 with “Buy” rating.

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