Baozun (NASDAQ:BZUN) Stock Rating Lowered by StockNews.com

Baozun (NASDAQ:BZUN) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

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

Baozun Trading Up 9.5 %

Shares of BZUN opened at $3.35 on Wednesday. The business’s 50-day moving average price is $2.87 and its 200 day moving average price is $2.78. The stock has a market capitalization of $206.23 million, a P/E ratio of -6.20 and a beta of 0.31. Baozun has a 1-year low of $2.08 and a 1-year high of $4.38.

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

Institutional Trading of Baozun

Hedge funds have recently made changes to their positions in the stock. Barclays PLC grew its position in Baozun by 2,153.5% during the third quarter. Barclays PLC now owns 160,000 shares of the technology company’s stock valued at $573,000 after purchasing an additional 152,900 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Baozun by 23.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 620,450 shares of the technology company’s stock valued at $1,452,000 after acquiring an additional 117,502 shares in the last quarter. Walleye Capital LLC grew its holdings in shares of Baozun by 203.4% during the 3rd quarter. Walleye Capital LLC now owns 150,441 shares of the technology company’s stock valued at $539,000 after acquiring an additional 100,852 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Baozun in the third quarter worth $353,000. Finally, Mackenzie Financial Corp purchased a new stake in shares of Baozun during the second quarter worth $165,000. 47.29% of the stock is owned by hedge funds and other institutional investors.

Baozun Company 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.