Baozun Inc. (NASDAQ:BZUN) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its position in Baozun Inc. (NASDAQ:BZUN) by 23.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 620,450 shares of the technology company’s stock after buying an additional 117,502 shares during the quarter. Dimensional Fund Advisors LP owned 1.02% of Baozun worth $1,452,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Acadian Asset Management LLC increased its holdings in Baozun by 55.1% during the 2nd quarter. Acadian Asset Management LLC now owns 1,002,018 shares of the technology company’s stock worth $2,335,000 after purchasing an additional 356,096 shares during the last quarter. Cetera Advisors LLC bought a new stake in shares of Baozun in the first quarter worth $35,000. Finally, Virtu Financial LLC acquired a new stake in Baozun in the first quarter valued at $48,000. Institutional investors and hedge funds own 47.29% of the company’s stock.

Baozun Trading Up 2.0 %

Shares of BZUN opened at $3.63 on Friday. Baozun Inc. has a 52 week low of $1.90 and a 52 week high of $4.38. The firm has a market cap of $221.71 million, a price-to-earnings ratio of -6.05 and a beta of 0.35. The stock has a 50 day moving average of $2.68 and a 200-day moving average of $2.60.

Baozun (NASDAQ:BZUN) last released its quarterly earnings data on Wednesday, August 28th. The technology company reported ($0.07) EPS for the quarter. Baozun had a negative return on equity of 6.38% and a negative net margin of 3.02%. The business had revenue of $329.01 million during the quarter.

Wall Street Analyst Weigh In

Separately, CLSA downgraded shares of Baozun from an “outperform” rating to a “hold” rating and dropped their target price for the stock from $2.80 to $2.20 in a research report on Friday, August 30th.

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.