BNP Paribas Arbitrage SA Has $6.62 Million Stock Holdings in Baozun Inc. (NASDAQ:BZUN)

BNP Paribas Arbitrage SA increased its position in Baozun Inc. (NASDAQ:BZUNGet Rating) by 235.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 476,566 shares of the technology company’s stock after purchasing an additional 334,527 shares during the quarter. BNP Paribas Arbitrage SA owned approximately 0.66% of Baozun worth $6,624,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in BZUN. SG Americas Securities LLC lifted its holdings in shares of Baozun by 2,199.7% during the 4th quarter. SG Americas Securities LLC now owns 607,969 shares of the technology company’s stock valued at $8,451,000 after purchasing an additional 581,532 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Baozun by 153.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 45,534 shares of the technology company’s stock worth $633,000 after acquiring an additional 27,571 shares during the last quarter. KBC Group NV increased its holdings in shares of Baozun by 138.6% during the 4th quarter. KBC Group NV now owns 128,481 shares of the technology company’s stock worth $1,786,000 after acquiring an additional 74,634 shares during the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of Baozun by 158.7% during the 4th quarter. Qube Research & Technologies Ltd now owns 140,976 shares of the technology company’s stock worth $1,960,000 after acquiring an additional 86,485 shares during the last quarter. Finally, CWM LLC acquired a new position in Baozun in the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 45.15% of the company’s stock.

NASDAQ:BZUN opened at $7.64 on Friday. Baozun Inc. has a fifty-two week low of $5.41 and a fifty-two week high of $38.15. The stock has a fifty day moving average price of $7.74 and a 200-day moving average price of $11.81.

Baozun (NASDAQ:BZUNGet Rating) last announced its quarterly earnings data on Thursday, March 10th. The technology company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.03). Baozun had a negative return on equity of 3.85% and a negative net margin of 2.34%. The business had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.18 billion. During the same quarter in the prior year, the company earned $0.49 earnings per share. Baozun’s quarterly revenue was down 5.2% compared to the same quarter last year. On average, research analysts expect that Baozun Inc. will post 0.45 earnings per share for the current year.

A number of research analysts have commented on BZUN shares. Zacks Investment Research raised Baozun from a “sell” rating to a “hold” rating in a report on Monday, May 2nd. StockNews.com started coverage on Baozun in a report on Thursday, March 31st. They issued a “hold” rating on the stock. HSBC decreased their price objective on Baozun from $14.50 to $8.00 and set a “hold” rating on the stock in a report on Friday, March 11th. Jefferies Financial Group cut their target price on Baozun from $13.90 to $12.00 in a research report on Thursday, April 14th. Finally, JPMorgan Chase & Co. downgraded Baozun from an “overweight” rating to an “underweight” rating and set a $5.00 target price for the company. in a research report on Monday, March 14th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $12.05.

About Baozun (Get Rating)

Baozun Inc provides e-commerce solutions to brand partners in the People's Republic of China. The company's integrated end-to-end brand e-commerce capabilities encompass various aspects of the e-commerce value chain, including IT solutions, online store operations, digital marketing, customer services, warehousing, and fulfillment.

Further Reading

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Institutional Ownership by Quarter for Baozun (NASDAQ:BZUN)

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