TIAA CREF Investment Management LLC increased its stake in shares of Baozun Inc. (NASDAQ:BZUN) by 11.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,700 shares of the technology company’s stock after purchasing an additional 1,900 shares during the quarter. TIAA CREF Investment Management LLC’s holdings in Baozun were worth $415,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of BZUN. Bank of America Corp DE raised its position in Baozun by 94.8% during the first quarter. Bank of America Corp DE now owns 174,506 shares of the technology company’s stock valued at $2,608,000 after acquiring an additional 84,936 shares in the last quarter. Credit Suisse AG raised its position in Baozun by 5.7% during the first quarter. Credit Suisse AG now owns 27,208 shares of the technology company’s stock valued at $406,000 after acquiring an additional 1,463 shares in the last quarter. Bank of Montreal Can raised its position in Baozun by 269.1% during the second quarter. Bank of Montreal Can now owns 22,482 shares of the technology company’s stock valued at $499,000 after acquiring an additional 16,391 shares in the last quarter. KEYWISE CAPITAL MANAGEMENT Ltd bought a new position in Baozun during the second quarter valued at approximately $419,000. Finally, State of New Jersey Common Pension Fund D bought a new position in Baozun during the second quarter valued at approximately $946,000. Institutional investors and hedge funds own 34.75% of the company’s stock.

Several brokerages recently weighed in on BZUN. Vetr lowered shares of Baozun from a “hold” rating to a “sell” rating and set a $35.58 price objective on the stock. in a research report on Wednesday, September 13th. Zacks Investment Research raised shares of Baozun from a “sell” rating to a “hold” rating and set a $41.00 price objective on the stock in a research report on Wednesday, September 13th. Finally, BidaskClub raised shares of Baozun from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 11th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Baozun presently has a consensus rating of “Buy” and an average price target of $36.54.

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Baozun Inc. (NASDAQ:BZUN) opened at $36.16 on Tuesday. Baozun Inc. has a 52-week low of $10.87 and a 52-week high of $40.65. The company has a market cap of $2,000.00 and a P/E ratio of 98.61.

Baozun (NASDAQ:BZUN) last released its quarterly earnings results on Monday, August 21st. The technology company reported $0.08 EPS for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.01). Baozun had a net margin of 3.26% and a return on equity of 9.19%. The firm had revenue of $131.04 million during the quarter. equities analysts anticipate that Baozun Inc. will post 0.58 earnings per share for the current fiscal year.

About Baozun

Baozun Inc is a brand e-commerce solutions company. The Company is engaged in providing end-to-end e-commerce solutions, including the sales 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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