UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Takes Position in Baozun Inc. (NASDAQ:BZUN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Baozun Inc. (NASDAQ:BZUN) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 98,641 shares of the technology company’s stock, valued at approximately $353,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.16% of Baozun at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in BZUN. PEAK6 Investments LLC increased its stake in shares of Baozun by 29.9% in the third quarter. PEAK6 Investments LLC now owns 78,070 shares of the technology company’s stock valued at $279,000 after buying an additional 17,970 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Baozun by 9.5% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 490,771 shares of the technology company’s stock valued at $1,757,000 after acquiring an additional 42,524 shares during the last quarter. QRG Capital Management Inc. acquired a new stake in shares of Baozun during the third quarter worth $50,000. SG Americas Securities LLC acquired a new position in shares of Baozun during the 3rd quarter worth about $69,000. Finally, Mackenzie Financial Corp acquired a new position in Baozun during the second quarter valued at approximately $165,000. Institutional investors own 47.29% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Citigroup increased their price target on Baozun from $3.90 to $4.20 and gave the stock a “buy” rating in a report on Tuesday, November 26th. CLSA downgraded shares of Baozun from an “outperform” rating to a “hold” rating and reduced their price objective for the stock from $2.80 to $2.20 in a research note on Friday, August 30th.

Baozun Stock Up 2.6 %

BZUN opened at $3.13 on Friday. Baozun Inc. has a 12-month low of $1.90 and a 12-month high of $4.38. The business has a 50 day moving average of $2.89 and a 200-day moving average of $2.69. The stock has a market cap of $192.69 million, a price-to-earnings ratio of -5.80 and a beta of 0.32.

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.