Barclays PLC Has $573,000 Position in Baozun Inc. (NASDAQ:BZUN)

Barclays PLC lifted its position in Baozun Inc. (NASDAQ:BZUN) by 2,153.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 160,000 shares of the technology company’s stock after acquiring an additional 152,900 shares during the period. Barclays PLC owned approximately 0.26% of Baozun worth $573,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of BZUN. Public Employees Retirement System of Ohio bought a new stake in Baozun in the third quarter valued at approximately $149,000. XTX Topco Ltd bought a new stake in shares of Baozun in the 3rd quarter valued at $175,000. Wolverine Trading LLC raised its stake in Baozun by 42.5% during the 3rd quarter. Wolverine Trading LLC now owns 15,228 shares of the technology company’s stock worth $52,000 after buying an additional 4,545 shares during the period. State Street Corp bought a new position in Baozun during the third quarter worth about $170,000. Finally, Quadrature Capital Ltd acquired a new position in Baozun in the third quarter valued at about $148,000. Institutional investors own 47.29% of the company’s stock.

Analysts Set New Price Targets

Separately, Citigroup raised their price target on Baozun from $3.90 to $4.20 and gave the stock a “buy” rating in a research report on Tuesday, November 26th.

Baozun Stock Down 3.1 %

Baozun stock opened at $2.77 on Friday. The company has a 50 day moving average of $2.77 and a 200-day moving average of $2.75. Baozun Inc. has a twelve month low of $1.90 and a twelve month high of $4.38. The stock has a market capitalization of $170.52 million, a PE ratio of -5.13 and a beta of 0.31.

Baozun Profile

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.