Baozun Inc. (NASDAQ:BZUN) Shares Sold by Bridgewater Associates LP

Bridgewater Associates LP decreased its position in Baozun Inc. (NASDAQ:BZUN) by 7.0% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 89,150 shares of the technology company’s stock after selling 6,721 shares during the period. Bridgewater Associates LP’s holdings in Baozun were worth $3,159,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BZUN. Geode Capital Management LLC boosted its position in Baozun by 9.7% in the second quarter. Geode Capital Management LLC now owns 239,960 shares of the technology company’s stock valued at $8,439,000 after buying an additional 21,221 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Baozun by 4.5% during the second quarter. Vanguard Group Inc. now owns 1,844,285 shares of the technology company’s stock worth $65,362,000 after purchasing an additional 78,791 shares during the last quarter. ProShare Advisors LLC raised its position in Baozun by 163.7% during the second quarter. ProShare Advisors LLC now owns 318,375 shares of the technology company’s stock worth $11,283,000 after acquiring an additional 197,649 shares in the last quarter. Trexquant Investment LP raised its position in Baozun by 98.5% during the second quarter. Trexquant Investment LP now owns 13,120 shares of the technology company’s stock worth $465,000 after acquiring an additional 6,511 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new position in shares of Baozun in the second quarter valued at about $129,000. Institutional investors and hedge funds own 57.99% of the company’s stock.

Shares of NASDAQ:BZUN opened at $19.84 on Thursday. The firm has a market capitalization of $1.55 billion, a P/E ratio of 24.49, a price-to-earnings-growth ratio of 0.84 and a beta of 1.19. Baozun Inc. has a 12-month low of $16.25 and a 12-month high of $57.00. The company has a quick ratio of 3.69, a current ratio of 4.20 and a debt-to-equity ratio of 0.28. The firm has a fifty day moving average of $20.89 and a two-hundred day moving average of $29.35.

Baozun (NASDAQ:BZUN) last released its quarterly earnings results on Wednesday, August 18th. The technology company reported $2.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.15 by $0.86. Baozun had a net margin of 4.06% and a return on equity of 6.36%. The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.48 billion. During the same quarter in the prior year, the company earned $2.43 earnings per share. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. Equities research analysts expect that Baozun Inc. will post 0.55 earnings per share for the current fiscal year.

BZUN has been the topic of a number of recent research reports. Daiwa Capital Markets lowered shares of Baozun from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $42.00 to $20.00 in a research report on Friday, August 20th. HSBC decreased their price target on Baozun from $38.00 to $22.00 and set a “hold” rating on the stock in a research report on Friday, August 20th. Zacks Investment Research lowered Baozun from a “hold” rating to a “strong sell” rating in a research note on Monday, August 16th. Credit Suisse Group downgraded Baozun from an “outperform” rating to an “underperform” rating and set a $23.00 price target for the company. in a report on Friday, July 23rd. Finally, Citigroup decreased their price objective on Baozun from $57.00 to $36.00 and set a “buy” rating on the stock in a research note on Tuesday, August 3rd. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Baozun currently has an average rating of “Hold” and a consensus price target of $34.43.

Baozun Company Profile

Baozun, Inc operates as an holding company, which through its subsidiaries provides brand electronic commerce (e-commerce) services and solutions. Its services include apparel and accessories; appliances; electronics; home and furnishings; food and health products; beauty and cosmetics; fast moving consumer goods, and mother and baby products; and insurance and automobiles.

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Institutional Ownership by Quarter for Baozun (NASDAQ:BZUN)

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