Royal Bank Of Canada Has Increased Its Vipshop Hldgs LTD (VIPS) Position by $13.59 Million; Procter And Gamble Co (PG) Shares Declined While Kdi Capital Partners Decreased by $696,690 Its Holding

February 17, 2018 - By Linda Rogers

Kdi Capital Partners Llc decreased its stake in Procter And Gamble Co (PG) by 78.11% based on its latest 2017Q3 regulatory filing with the SEC. Kdi Capital Partners Llc sold 7,741 shares as the company’s stock declined 5.32% while stock markets rallied. The hedge fund held 2,170 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $197,000, down from 9,911 at the end of the previous reported quarter. Kdi Capital Partners Llc who had been investing in Procter And Gamble Co for a number of months, seems to be less bullish one the $208.24 billion market cap company. The stock increased 0.23% or $0.19 during the last trading session, reaching $82.6. About 10.37 million shares traded or 22.36% up from the average. The Procter & Gamble Company (NYSE:PG) has risen 7.54% since February 17, 2017 and is uptrending. It has underperformed by 9.16% the S&P500.

Royal Bank Of Canada increased its stake in Vipshop Hldgs Ltd (VIPS) by 344.69% based on its latest 2017Q3 regulatory filing with the SEC. Royal Bank Of Canada bought 1.70 million shares as the company’s stock rose 10.03% with the market. The institutional investor held 2.19 million shares of the catalog and specialty distribution company at the end of 2017Q3, valued at $19.27M, up from 492,900 at the end of the previous reported quarter. Royal Bank Of Canada who had been investing in Vipshop Hldgs Ltd for a number of months, seems to be bullish on the $11.88 billion market cap company. The stock decreased 0.33% or $0.06 during the last trading session, reaching $18.1. About 7.11M shares traded. Vipshop Holdings Limited (NYSE:VIPS) has risen 27.19% since February 17, 2017 and is uptrending. It has outperformed by 10.49% the S&P500.

Royal Bank Of Canada, which manages about $208.24B US Long portfolio, decreased its stake in Sientra Inc (NASDAQ:SIEN) by 71,559 shares to 1,279 shares, valued at $20,000 in 2017Q3, according to the filing. It also reduced its holding in Spdr Series Trust (SCPB) by 423,728 shares in the quarter, leaving it with 95,578 shares, and cut its stake in National Oilwell Varco Inc (NYSE:NOV).

Among 20 analysts covering Vipshop Holdings Limited (NYSE:VIPS), 15 have Buy rating, 1 Sell and 4 Hold. Therefore 75% are positive. Vipshop Holdings Limited had 42 analyst reports since August 12, 2015 according to SRatingsIntel. On Friday, August 18 the stock rating was downgraded by HSBC to “Reduce”. The rating was downgraded by Daiwa Securities to “Hold” on Thursday, August 17. KeyBanc Capital Markets maintained Vipshop Holdings Limited (NYSE:VIPS) on Monday, November 20 with “Buy” rating. The stock has “Outperform” rating by Bernstein on Tuesday, January 16. The stock has “Buy” rating by Deutsche Bank on Thursday, November 10. As per Wednesday, February 14, the company rating was upgraded by HSBC. The rating was reinitiated by JP Morgan with “Neutral” on Wednesday, August 31. The firm has “Buy” rating given on Thursday, January 7 by Credit Agricole. The stock of Vipshop Holdings Limited (NYSE:VIPS) has “Underperform” rating given on Monday, November 16 by Credit Agricole. Deutsche Bank downgraded Vipshop Holdings Limited (NYSE:VIPS) rating on Friday, June 30. Deutsche Bank has “Hold” rating and $12.60 target.

Since August 15, 2017, it had 0 insider buys, and 3 selling transactions for $3.16 million activity. Another trade for 1,675 shares valued at $154,168 was made by Keith R. Alexandra on Tuesday, August 15. 1,572 shares were sold by Fish Kathleen B, worth $144,688. The insider Taylor David S sold 6,382 shares worth $587,402. The insider Sheppard Valarie L sold $1.87 million. 3,519 shares valued at $323,891 were sold by Pierce Charles E on Tuesday, August 15. 2,856 shares were sold by FergusonMchugh MaryLynn, worth $265,554 on Tuesday, August 15.

Kdi Capital Partners Llc, which manages about $454.13 million and $299.27 million US Long portfolio, upped its stake in Mednax Inc (NYSE:MD) by 10,276 shares to 161,822 shares, valued at $6.98 million in 2017Q3, according to the filing. It also increased its holding in Dollar General Corp (NYSE:DG) by 97,567 shares in the quarter, for a total of 133,626 shares, and has risen its stake in Amerisourcebergen Corp (NYSE:ABC).

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