PEAK6 Investments L.P. increased its holdings in Baozun (NASDAQ:BZUN) by 83.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,611 shares of the technology company’s stock after acquiring an additional 9,801 shares during the quarter. PEAK6 Investments L.P.’s holdings in Baozun were worth $682,000 as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio raised its stake in Baozun by 18.5% during 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 in the last quarter. TIAA CREF Investment Management LLC raised its position in shares of Baozun by 11.3% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 18,700 shares of the technology company’s stock worth $415,000 after purchasing an additional 1,900 shares during the period. Northern Trust Corp raised its position in shares of Baozun by 9.6% during the 2nd quarter. Northern Trust Corp now owns 23,651 shares of the technology company’s stock worth $524,000 after purchasing an additional 2,066 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Baozun by 1.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 135,162 shares of the technology company’s stock worth $4,266,000 after purchasing an additional 2,242 shares during the period. Finally, Global X MANAGEMENT CO LLC raised its position in shares of Baozun by 43.4% during the 3rd quarter. Global X MANAGEMENT CO LLC now owns 9,691 shares of the technology company’s stock worth $317,000 after purchasing an additional 2,932 shares during the period. Institutional investors and hedge funds own 43.65% of the company’s stock.
A number of analysts have recently weighed in on BZUN shares. Vetr cut Baozun from a “hold” rating to a “sell” rating and set a $44.90 price target on the stock. in a research report on Monday, March 12th. Bank of America increased their price objective on Baozun from $38.00 to $44.00 and gave the stock a “buy” rating in a report on Tuesday, January 30th. Finally, Zacks Investment Research raised Baozun from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 23rd. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $39.59.
BZUN opened at $46.28 on Friday. The firm has a market cap of $2,474.71, a PE ratio of 84.15 and a beta of 3.85. Baozun has a fifty-two week low of $14.21 and a fifty-two week high of $52.33.
Baozun (NASDAQ:BZUN) last released its earnings results on Tuesday, March 6th. The technology company reported $0.38 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.07. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.54 billion. Baozun had a return on equity of 13.70% and a net margin of 5.10%. The company’s revenue for the quarter was up 23.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 earnings per share. research analysts anticipate that Baozun will post 1.01 earnings per share for the current year.
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Baozun Inc provides e-commerce solutions for brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, online store design and setup, visual merchandizing and marketing campaigns, store operations, customer services, warehousing, and order fulfillment.
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