NN Investment Partners Holdings N.V. raised its holdings in Baozun Inc (NASDAQ:BZUN) by 23.6% during the second quarter, HoldingsChannel reports. The firm owned 15,200 shares of the technology company’s stock after buying an additional 2,900 shares during the period. NN Investment Partners Holdings N.V.’s holdings in Baozun were worth $584,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently modified their holdings of the company. Candriam Luxembourg S.C.A. increased its stake in shares of Baozun by 354.4% during the second quarter. Candriam Luxembourg S.C.A. now owns 518,000 shares of the technology company’s stock worth $19,918,000 after acquiring an additional 404,000 shares during the period. First Trust Advisors LP increased its stake in shares of Baozun by 25.3% during the second quarter. First Trust Advisors LP now owns 36,076 shares of the technology company’s stock worth $1,387,000 after acquiring an additional 7,289 shares during the period. CWM LLC increased its stake in shares of Baozun by 95.7% during the second quarter. CWM LLC now owns 824 shares of the technology company’s stock worth $32,000 after acquiring an additional 403 shares during the period. Boothe Investment Group Inc. acquired a new position in shares of Baozun during the second quarter worth about $3,398,000. Finally, Nepsis Inc. increased its stake in shares of Baozun by 3.2% during the second quarter. Nepsis Inc. now owns 228,576 shares of the technology company’s stock worth $8,789,000 after acquiring an additional 7,009 shares during the period. Institutional investors and hedge funds own 71.59% of the company’s stock.

A number of brokerages have recently issued reports on BZUN. Bank of America boosted their price target on shares of Baozun from $32.00 to $36.00 and gave the stock a “neutral” rating in a research note on Thursday, June 4th. Credit Suisse Group upgraded shares of Baozun from a “neutral” rating to an “outperform” rating and set a $36.00 price target on the stock in a research note on Wednesday, June 3rd. BidaskClub downgraded shares of Baozun from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Zacks Investment Research raised shares of Baozun from a “hold” rating to a “strong-buy” rating and set a $39.00 price objective on the stock in a report on Tuesday, June 16th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $42.34.

BZUN stock opened at $42.06 on Friday. The company has a market cap of $2.52 billion, a P/E ratio of 67.53, a P/E/G ratio of 1.03 and a beta of 2.10. Baozun Inc has a 52 week low of $22.19 and a 52 week high of $50.63. The company’s 50-day moving average price is $39.72 and its 200 day moving average price is $32.75. The company has a current ratio of 3.22, a quick ratio of 2.68 and a debt-to-equity ratio of 0.83.

Baozun (NASDAQ:BZUN) last released its quarterly earnings data on Tuesday, June 2nd. The technology company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.43. Baozun had a net margin of 3.34% and a return on equity of 10.10%. The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the firm earned $0.89 earnings per share. The firm’s revenue was up 18.4% on a year-over-year basis. On average, equities research analysts expect that Baozun Inc will post 1.14 earnings per share for the current year.

About Baozun

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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