PEAK6 Investments L.P. lifted its holdings in Baozun Inc (NASDAQ:BZUN) by 83.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 21,611 shares of the technology company’s stock after purchasing an additional 9,801 shares during the quarter. PEAK6 Investments L.P.’s holdings in Baozun were worth $682,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Trustcore Financial Services LLC bought a new position in shares of Baozun in the fourth quarter valued at about $103,000. SG Americas Securities LLC bought a new position in shares of Baozun in the fourth quarter valued at about $108,000. Legal & General Group Plc bought a new position in shares of Baozun in the third quarter valued at about $137,000. Public Employees Retirement System of Ohio raised its holdings in shares of Baozun by 18.5% in the second quarter. Public Employees Retirement System of Ohio now owns 7,700 shares of the technology company’s stock valued at $171,000 after buying an additional 1,200 shares during the last quarter. Finally, Russell Investments Group Ltd. bought a new position in shares of Baozun in the third quarter valued at about $187,000. 44.98% of the stock is owned by institutional investors and hedge funds.
A number of research analysts recently issued reports on BZUN shares. Zacks Investment Research cut Baozun from a “hold” rating to a “sell” rating in a report on Tuesday, November 28th. Vetr cut Baozun from a “strong-buy” rating to a “buy” rating and set a $34.52 price target for the company. in a report on Tuesday, December 19th. BidaskClub raised Baozun from a “hold” rating to a “buy” rating in a report on Tuesday, January 9th. Finally, Bank of America lifted their price target on Baozun from $38.00 to $44.00 and gave the company a “buy” rating in a report on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. Baozun presently has an average rating of “Hold” and an average target price of $38.78.
Shares of Baozun Inc (NASDAQ BZUN) opened at $46.18 on Thursday. The firm has a market capitalization of $2,540.15, a PE ratio of 83.97 and a beta of 4.29. Baozun Inc has a twelve month low of $13.95 and a twelve month high of $51.03.
Baozun (NASDAQ:BZUN) last announced its quarterly earnings data on Tuesday, March 6th. The technology company reported $0.38 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.07. The firm had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Baozun had a return on equity of 13.70% and a net margin of 5.10%. The company’s quarterly revenue was up 23.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.26 EPS. equities analysts anticipate that Baozun Inc will post 1.01 EPS for the current year.
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Baozun Company Profile
Baozun Inc is a brand e-commerce solutions company. The Company is engaged in providing end-to-end e-commerce solutions, including the sales of apparel, home and electronic products, online store design and setup, visual merchandising and marketing, online store operations, customer services, warehousing and order fulfillment.
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