Jupiter Asset Management Ltd. Buys New Position in Vipshop Holdings Limited (NYSE:VIPS)\n\nJupiter Asset Management Ltd. acquired a new position in Vipshop Holdings Limited, purchasing 850,900 shares valued at approximately $13.3 million during the first quarter. Several other institutional investors significantly increased their stakes in Vipshop, with Wellington Management Group LLP raising its holdings by 378% in the last quarter. Analyst ratings for Vipshop have seen adjustments, with a consensus rating of \"Hold\" and a revised price target around $15.83, reflecting mixed outlooks from various analysts.\n\nInstitutional investors own 48.82% of the company's stock. Get Vipshop alerts: Sign Up\n\nAnalyst Ratings Changes\n\nVIPS has been the topic of several recent research reports. Barclays reduced their price target on Vipshop from $20.00 to $19.00 and set an \"overweight\" rating on the stock in a research note on Thursday, May 22nd. Bank of America reduced their price target on Vipshop from $17.80 to $17.30 and set a \"buy\" rating on the stock in a research note on Friday, July 18th. cut Vipshop from a \"buy\" rating to a \"hold\" rating in a research note on Thursday, May 29th. Finally, JPMorgan Chase & Co. reduced their price target on Vipshop from $20.00 to $18.00 and set an \"overweight\" rating on the stock in a research note on Monday, June 30th.\n\nSix analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of \"Hold\" and a consensus price target of $15.83.\n\nVipshop Trading Up 0.3% opened at $15.13 on Friday. Vipshop Holdings Limited has a 12 month low of $11.50 and a 12 month high of $17.94. The stock has a market cap of $7.76 billion, a P/E ratio of 7.92, a P/E/G ratio of 1.69 and a beta of 0.54. The stock's fifty day moving average price is $15.01 and its 200-day moving average price is $14.81.\n\nAbout Vipshop ()\n\nVipshop Holdings Limited operates online platforms in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear and sporting goods, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.

Jupiter Asset Management Ltd. Buys New Position in Vipshop Holdings Limited (NYSE:VIPS)

Jupiter Asset Management Ltd. acquired a new position in Vipshop Holdings Limited, purchasing 850,900 shares valued at approximately $13.3 million during the first quarter. Institutional investors like Wellington Management Group LLP increased their stakes, while analyst ratings for Vipshop showed mixed outlooks, with a consensus rating of "Hold" and a revised price target of $15.83. Vipshop's stock opened at $15.13, with a market cap of $7.76 billion and a P/E ratio of 7.92.