Standard Life Aberdeen plc Acquires 64,900 Shares of Baozun Inc (NASDAQ:BZUN)

Standard Life Aberdeen plc boosted its holdings in shares of Baozun Inc (NASDAQ:BZUN) by 6.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,100,800 shares of the technology company’s stock after acquiring an additional 64,900 shares during the period. Standard Life Aberdeen plc’s holdings in Baozun were worth $36,475,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of BZUN. Baillie Gifford & Co. grew its holdings in Baozun by 3.1% in the fourth quarter. Baillie Gifford & Co. now owns 1,384,117 shares of the technology company’s stock worth $45,842,000 after purchasing an additional 42,121 shares during the period. Matthews International Capital Management LLC grew its stake in shares of Baozun by 1.0% in the 4th quarter. Matthews International Capital Management LLC now owns 1,030,700 shares of the technology company’s stock worth $34,137,000 after buying an additional 10,200 shares during the last quarter. Credit Suisse AG grew its stake in shares of Baozun by 20.7% in the 4th quarter. Credit Suisse AG now owns 845,421 shares of the technology company’s stock worth $28,000,000 after buying an additional 144,835 shares during the last quarter. State Street Corp increased its position in Baozun by 1.1% during the 4th quarter. State Street Corp now owns 774,392 shares of the technology company’s stock valued at $25,648,000 after buying an additional 8,395 shares in the last quarter. Finally, GAM Holding AG increased its position in Baozun by 26.3% during the 4th quarter. GAM Holding AG now owns 477,233 shares of the technology company’s stock valued at $15,805,000 after buying an additional 99,402 shares in the last quarter. 69.37% of the stock is owned by institutional investors.

Several research firms have commented on BZUN. HSBC began coverage on Baozun in a report on Monday, December 9th. They issued a “hold” rating and a $41.50 target price on the stock. TheStreet cut Baozun from a “b-” rating to a “c+” rating in a research note on Tuesday, December 17th. ValuEngine downgraded Baozun from a “buy” rating to a “hold” rating in a report on Monday, March 9th. BidaskClub raised Baozun from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Finally, Zacks Investment Research upped their price target on shares of Baozun to $40.75 in a research note on Wednesday, February 5th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. Baozun has an average rating of “Hold” and an average price target of $50.35.

NASDAQ BZUN traded up $1.31 during mid-day trading on Thursday, reaching $29.10. The stock had a trading volume of 1,134,166 shares, compared to its average volume of 1,261,684. Baozun Inc has a 1 year low of $22.19 and a 1 year high of $56.47. The stock has a market cap of $1.74 billion, a PE ratio of 43.43 and a beta of 2.68. The company has a fifty day moving average price of $30.50 and a 200 day moving average price of $37.09. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.45 and a quick ratio of 2.06.

Baozun (NASDAQ:BZUN) last released its quarterly earnings data on Wednesday, March 18th. The technology company reported $2.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.36 by ($0.65). The business had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.73 billion. Baozun had a net margin of 3.86% and a return on equity of 11.73%. The business’s revenue was up 26.4% compared to the same quarter last year. During the same period last year, the company posted $3.46 earnings per share. As a group, equities research analysts expect that Baozun Inc will post 1.02 earnings per share for the current year.

About Baozun

Baozun Inc provides brand e-commerce service to brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, sale 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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Institutional Ownership by Quarter for Baozun (NASDAQ:BZUN)

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