Vontobel Asset Management Inc. Acquires New Position in Baozun Inc. (BZUN)

Vontobel Asset Management Inc. acquired a new stake in shares of Baozun Inc. (NASDAQ:BZUN) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 161,370 shares of the technology company’s stock, valued at approximately $5,095,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Legal & General Group Plc purchased a new stake in Baozun during the 3rd quarter valued at about $137,000. Russell Investments Group Ltd. purchased a new stake in Baozun during the 3rd quarter valued at about $187,000. Citigroup Inc. grew its stake in Baozun by 29.3% during the 2nd quarter. Citigroup Inc. now owns 5,781 shares of the technology company’s stock valued at $128,000 after acquiring an additional 1,311 shares in the last quarter. Stifel Financial Corp purchased a new stake in Baozun during the 3rd quarter valued at about $211,000. Finally, SignalPoint Asset Management LLC purchased a new stake in Baozun during the 3rd quarter valued at about $238,000. 38.35% of the stock is owned by institutional investors.

Baozun Inc. (NASDAQ BZUN) traded up $1.07 during trading on Tuesday, hitting $36.87. 1,701,600 shares of the stock traded hands, compared to its average volume of 1,846,478. Baozun Inc. has a twelve month low of $12.83 and a twelve month high of $40.65. The stock has a market cap of $2,000.00 and a PE ratio of 111.73.

Baozun (NASDAQ:BZUN) last posted its quarterly earnings results on Tuesday, November 21st. The technology company reported $0.06 earnings per share for the quarter. Baozun had a net margin of 3.20% and a return on equity of 8.72%. analysts forecast that Baozun Inc. will post 0.55 earnings per share for the current year.

BZUN has been the subject of several research reports. Vetr raised shares of Baozun from a “sell” rating to a “hold” rating and set a $35.98 price objective for the company in a research note on Tuesday, September 26th. Zacks Investment Research raised shares of Baozun from a “sell” rating to a “buy” rating and set a $37.00 price objective for the company in a research note on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. Baozun has a consensus rating of “Hold” and an average target price of $35.79.

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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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Institutional Ownership by Quarter for Baozun (NASDAQ:BZUN)

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