Baozun (BZUN) Position Raised by Guggenheim Capital LLC

Guggenheim Capital LLC increased its holdings in Baozun (NASDAQ:BZUN) by 40.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 107,778 shares of the technology company’s stock after buying an additional 31,130 shares during the period. Guggenheim Capital LLC owned 0.20% of Baozun worth $3,401,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of BZUN. Northern Trust Corp raised its position in shares of Baozun by 9.6% in the second quarter. Northern Trust Corp now owns 23,651 shares of the technology company’s stock worth $524,000 after buying an additional 2,066 shares in the last quarter. State Street Corp raised its position in shares of Baozun by 10.5% in the second quarter. State Street Corp now owns 118,543 shares of the technology company’s stock worth $2,629,000 after buying an additional 11,281 shares in the last quarter. Prudential Financial Inc. purchased a new stake in shares of Baozun in the third quarter worth $318,000. New York State Common Retirement Fund purchased a new stake in shares of Baozun in the third quarter worth $2,490,000. Finally, Russell Investments Group Ltd. purchased a new stake in shares of Baozun in the third quarter worth $187,000. Institutional investors own 43.65% of the company’s stock.

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NASDAQ BZUN opened at $46.28 on Friday. Baozun has a twelve month low of $14.21 and a twelve month high of $52.33. The stock has a market cap of $2,474.71, a price-to-earnings ratio of 84.15 and a beta of 3.85.

Baozun (NASDAQ:BZUN) last released its quarterly earnings results on Tuesday, March 6th. The technology company reported $0.38 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.07. Baozun had a return on equity of 13.70% and a net margin of 5.10%. The business had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter last year, the business posted $1.26 earnings per share. The company’s revenue for the quarter was up 23.0% on a year-over-year basis. equities research analysts forecast that Baozun will post 1.01 EPS for the current fiscal year.

A number of research firms have weighed in on BZUN. Vetr upgraded Baozun from a “sell” rating to a “hold” rating and set a $48.97 price target on the stock in a research report on Wednesday, March 21st. Bank of America raised their price target on Baozun from $38.00 to $44.00 and gave the company a “buy” rating in a research report on Tuesday, January 30th. Zacks Investment Research upgraded Baozun from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 23rd. Finally, BidaskClub upgraded Baozun from a “hold” rating to a “buy” rating in a research report on Tuesday, January 9th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $39.59.

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About Baozun

Baozun Inc provides e-commerce solutions for brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, online store design and setup, visual merchandizing and marketing campaigns, store operations, customer services, warehousing, and order fulfillment.

Institutional Ownership by Quarter for Baozun (NASDAQ:BZUN)

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