New York State Common Retirement Fund Invests $2.27 Million in Baozun Inc (NASDAQ:BZUN) Stock

New York State Common Retirement Fund purchased a new stake in shares of Baozun Inc (NASDAQ:BZUN) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 54,600 shares of the technology company’s stock, valued at approximately $2,268,000.

Other large investors have also recently modified their holdings of the company. BlackRock Inc. lifted its holdings in Baozun by 6.8% during the fourth quarter. BlackRock Inc. now owns 1,748,671 shares of the technology company’s stock valued at $51,078,000 after purchasing an additional 111,990 shares in the last quarter. WINTON GROUP Ltd lifted its holdings in Baozun by 19.4% during the fourth quarter. WINTON GROUP Ltd now owns 9,703 shares of the technology company’s stock valued at $283,000 after purchasing an additional 1,576 shares in the last quarter. Standard Life Aberdeen plc lifted its holdings in Baozun by 20.8% during the fourth quarter. Standard Life Aberdeen plc now owns 583,000 shares of the technology company’s stock valued at $17,682,000 after purchasing an additional 100,400 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Baozun by 24.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 235,257 shares of the technology company’s stock valued at $6,880,000 after purchasing an additional 46,740 shares in the last quarter. Finally, Matthews International Capital Management LLC lifted its holdings in Baozun by 10.1% during the fourth quarter. Matthews International Capital Management LLC now owns 1,145,900 shares of the technology company’s stock valued at $33,472,000 after purchasing an additional 104,700 shares in the last quarter. 57.75% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ:BZUN opened at $43.59 on Thursday. The company has a current ratio of 1.84, a quick ratio of 1.50 and a debt-to-equity ratio of 0.15. Baozun Inc has a 1-year low of $27.81 and a 1-year high of $66.58. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 66.05 and a beta of 3.20.

Baozun (NASDAQ:BZUN) last released its earnings results on Wednesday, May 29th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.02). Baozun had a return on equity of 13.77% and a net margin of 4.99%. The company had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same period last year, the firm posted $0.54 EPS. Baozun’s quarterly revenue was up 39.7% compared to the same quarter last year. On average, equities research analysts predict that Baozun Inc will post 1.17 EPS for the current fiscal year.

Several equities analysts have weighed in on BZUN shares. BidaskClub raised shares of Baozun from a “hold” rating to a “buy” rating in a report on Thursday, February 28th. Zacks Investment Research raised shares of Baozun from a “hold” rating to a “buy” rating and set a $39.00 price target on the stock in a report on Monday, March 11th.

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Baozun Company Profile

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

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Institutional Ownership by Quarter for Baozun (NASDAQ:BZUN)

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