Schroder Investment Management Group Raises Stock Position in Baozun Inc. (NASDAQ:BZUN)

Schroder Investment Management Group lifted its position in Baozun Inc. (NASDAQ:BZUN) by 16.5% in the fourth quarter, Holdings Channel reports. The firm owned 2,301,500 shares of the technology company’s stock after buying an additional 326,388 shares during the period. Schroder Investment Management Group’s holdings in Baozun were worth $6,352,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Baozun in the 3rd quarter worth $353,000. Barclays PLC raised its holdings in shares of Baozun by 2,153.5% in the third quarter. Barclays PLC now owns 160,000 shares of the technology company’s stock valued at $573,000 after acquiring an additional 152,900 shares in the last quarter. State Street Corp purchased a new stake in Baozun in the third quarter worth about $170,000. QRG Capital Management Inc. grew its holdings in Baozun by 50.8% during the 4th quarter. QRG Capital Management Inc. now owns 21,092 shares of the technology company’s stock worth $57,000 after acquiring an additional 7,108 shares in the last quarter. Finally, New York State Common Retirement Fund increased its position in Baozun by 95.5% during the 4th quarter. New York State Common Retirement Fund now owns 23,914 shares of the technology company’s stock valued at $65,000 after purchasing an additional 11,683 shares during the period. Institutional investors own 47.29% of the company’s stock.

Baozun Price Performance

Shares of BZUN stock opened at $2.44 on Friday. The stock’s 50-day moving average is $3.24 and its 200 day moving average is $3.06. Baozun Inc. has a 1-year low of $2.11 and a 1-year high of $4.38. The company has a market cap of $150.21 million, a P/E ratio of -4.52 and a beta of 0.39.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Baozun from a “hold” rating to a “buy” rating in a research note on Friday, March 21st.

About Baozun

Baozun Inc, through its subsidiaries, provides end-to-end e-commerce solutions to brand partners in the People’s Republic of China. The company operates through two segments, E-Commerce and Brand Management (BBM). The E-Commerce segment offers brands’ store operations, customer services and value-added services in logistics and supply chain management, IT, and digital marketing.