Baozun (NASDAQ:BZUN) Rating Lowered to “Hold” at StockNews.com

Baozun (NASDAQ:BZUN) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Monday.

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

Baozun Stock Up 3.0 %

NASDAQ BZUN opened at $3.73 on Monday. The company has a market cap of $229.63 million, a PE ratio of -6.91 and a beta of 0.32. Baozun has a 52 week low of $2.11 and a 52 week high of $4.38. The firm’s 50-day simple moving average is $3.14 and its two-hundred day simple moving average is $2.91.

Baozun (NASDAQ:BZUN) last released its quarterly earnings data on Thursday, November 21st. The technology company reported ($0.21) EPS for the quarter. Baozun had a negative return on equity of 5.58% and a negative net margin of 2.55%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Wolverine Trading LLC raised its position in shares of Baozun by 42.5% during the 3rd quarter. Wolverine Trading LLC now owns 15,228 shares of the technology company’s stock valued at $52,000 after buying an additional 4,545 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Baozun by 1.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 598,184 shares of the technology company’s stock valued at $1,628,000 after acquiring an additional 5,915 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Baozun by 138.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 11,651 shares of the technology company’s stock worth $32,000 after acquiring an additional 6,772 shares in the last quarter. QRG Capital Management Inc. lifted its holdings in shares of Baozun by 50.8% in 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 during the last quarter. Finally, New York State Common Retirement Fund grew its holdings in shares of 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 last quarter. Hedge funds and other institutional investors own 47.29% of the company’s stock.

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.