American Century Companies Inc. lifted its stake in Baozun Inc (NASDAQ:BZUN) by 61.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 824,607 shares of the technology company’s stock after buying an additional 312,708 shares during the period. American Century Companies Inc. owned about 1.49% of Baozun worth $24,087,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently modified their holdings of the company. Quantamental Technologies LLC acquired a new position in Baozun in the fourth quarter worth $47,000. Financial Advocates Investment Management increased its stake in shares of Baozun by 23.6% in the fourth quarter. Financial Advocates Investment Management now owns 2,225 shares of the technology company’s stock valued at $159,000 after buying an additional 425 shares in the last quarter. Daiwa SB Investments Ltd. acquired a new stake in shares of Baozun in the fourth quarter valued at $117,000. Oppenheimer Asset Management Inc. bought a new position in shares of Baozun in the fourth quarter valued at about $136,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in shares of Baozun by 13.5% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 5,057 shares of the technology company’s stock valued at $143,000 after buying an additional 600 shares during the last quarter. 55.65% of the stock is owned by institutional investors and hedge funds.
BZUN stock opened at $42.85 on Friday. Baozun Inc has a fifty-two week low of $27.81 and a fifty-two week high of $67.41. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.90 and a quick ratio of 1.53. The company has a market capitalization of $2.37 billion, a P/E ratio of 64.92 and a beta of 3.18.
Baozun (NASDAQ:BZUN) last announced its quarterly earnings data on Wednesday, March 6th. The technology company reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.08). The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.21 billion. Baozun had a net margin of 4.93% and a return on equity of 13.32%. The firm’s quarterly revenue was up 40.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.72 earnings per share. As a group, sell-side analysts forecast that Baozun Inc will post 1.22 EPS for the current fiscal year.
A number of equities research analysts have commented on the stock. BidaskClub raised shares of Baozun from a “hold” rating to a “buy” rating in a report on Thursday, February 28th. Zacks Investment Research upgraded shares of Baozun from a “hold” rating to a “buy” rating and set a $39.00 price objective for the company in a research report on Monday, March 11th. Finally, ValuEngine downgraded shares of Baozun from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $43.71.
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Baozun Company Profile
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, store operations, visual merchandizing and marketing campaigns, customer services, warehousing, and order fulfillment.
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