Raises Position in Vipshop Holdings Limited (NYSE:VIPS)

Jay Anderson
July 18, 2017

(NYSE:CYH)'s stock on Friday traded at beginning with a price of $9.30 and when day-trade ended the stock finally plunged -0.43% to reach at $9.26. On average, equities analysts anticipate that Vipshop Holdings Limited will post $0.83 earnings per share for the current fiscal year. It has outperformed by 9.72% the S&P500. Therefore 0 are positive. Finally, Deutsche Bank AG cut shares of Vipshop Holdings Limited from a "buy" rating to a "hold" rating and dropped their price target for the company from $15.50 to $12.60 in a research report on Friday, June 30th. Wall Street is only getting more bullish on the stock, with 19 of analysts who cover VIPS having a buy-equivalent rating.

The share price of Vipshop Holdings Limited (NYSE:VIPS) was down -0.71% during the last trading session, with a day high of 11.64. Granite Point Capital Management Lp sold 50,000 shares as Vipshop Hldgs Ltd (VIPS)'s stock rose 10.03%. The stock of Vipshop Holdings Ltd - ADR (NYSE:VIPS) has "Hold" rating given on Wednesday, August 17 by Deutsche Bank. Nomura reiterated a "neutral" rating and issued a $16.80 price target (up previously from $16.40) on shares of Vipshop Holdings Limited in a research note on Tuesday, May 16th. Bank of America upgraded the shares of VIPS in report on Tuesday, August 16 to "Buy" rating. On May 18 the company was downgraded to "Neutral" from "Overweight" with a current price target of $11.00 in a report from JP Morgan. As per Monday, November 16, the company rating was downgraded by Morgan Stanley. Envestnet Asset Management Inc. now owns 10,478 shares of the technology company's stock worth $116,000 after buying an additional 2,521 shares during the period. Vipshop Holdings Limited has $27.30 highest and $10 lowest target. It has outperformed by 10.49% the S&P500.

04/18/2017 - Benchmark began new coverage on Vipshop Holdings Limited giving the company a " rating. The Company is an online discount retailer for brands in China. The Firm offers branded products to clients in China through flash sales mainly on its vip.com Website.

Analysts await Citrix Systems, Inc. (NYSE:EMR) to report earnings on August, 1. The company's stock had a trading volume of 3,649,861 shares. EMR's profit will be $438.84 million for 22.08 P/E if the $0.68 EPS becomes a reality. The technology company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.01. (NYSE:CYH) recently announced that its subsidiaries inked a deal with HCA Healthcare, Inc HCA to sell 103-bed Weatherford Regional Medical Center in Texas and its associated assets to the latter. $642,937 worth of Emerson Electric Co. (NYSE:EMR) on Thursday, February 9. Institutional owners hold 81.00% stake in the company while Insiders ownership held at 0.78%. Its down 0.18, from 0.99 in 2016Q3. It turned negative, as 15 investors sold Q2 Holdings Inc shares while 38 reduced holdings.

Former Balch Springs Cop Indicted for Murder in Death of Jordan Edwards
Oliver, who first joined the Balch Springs police in 2011, was sacked shortly after the fatal shooting this past April. If convicted, he would be the first police officer convicted of murder in Dallas county since 1973, the report adds.

These funds have also shifted positions in (VIPS). Shares for $3.78 million were sold by Seale R.H. Benjamin F Edwards & has invested 0.24% in Emerson Electric Co. Fortaleza Asset Mgmt invested 0.21% of its portfolio in Q2 Holdings Inc (NYSE:QTWO). Mackenzie Fincl Corp reported 0.01% in Q2 Holdings Inc (NYSE:QTWO). (NASDAQ:CTXS). First Mercantile accumulated 7,700 shares. 5,814 are held by Global X Management Company Lc. Renaissance Techs Ltd Llc stated it has 45,200 shares. Atria Limited Liability holds 0.25% or 57,948 shares. Vontobel Asset Management Inc now owns 440,607 shares with a value of $4,650,000. Moreover, Community Savings Bank Of Raymore has 0.33% invested in Calpine Corporation (NYSE:CPN). (NYSE:EMR) for 3,893 shares.

Among 15 analysts covering MSC Industrial Direct Co. Therefore 62% are positive. As per Monday, March 7, the company rating was maintained by SunTrust. The stock of Emerson Electric Co. JP Morgan has "Neutral" rating and $11 target. Bank of Montreal Can now owns 451,102 shares of the technology company's stock worth $6,018,000 after buying an additional 413,762 shares during the period. The rating was maintained by KeyCorp on Wednesday, April 5 with "Sector Weight". The company was initiated on Friday, November 18 by Pacific Crest.

Receive Vipshop Holdings Limited News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vipshop Holdings Limited with MarketBeat.com's FREE daily email newsletter.

Other reports by BadHub

Discuss This Article

FOLLOW OUR NEWSPAPER