Schroder Investment Management Group Purchases 326,388 Shares of Baozun Inc. (NASDAQ:BZUN)

Schroder Investment Management Group raised its holdings in Baozun Inc. (NASDAQ:BZUN - Free Report) by 16.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,301,500 shares of the technology company's stock after acquiring an additional 326,388 shares during the period. Schroder Investment Management Group owned approximately 3.74% of Baozun worth $6,352,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Wolverine Trading LLC lifted its position in Baozun by 42.5% during the third quarter. Wolverine Trading LLC now owns 15,228 shares of the technology company's stock valued at $52,000 after purchasing an additional 4,545 shares during the last quarter. QRG Capital Management Inc. grew its position in Baozun by 50.8% in the fourth quarter. QRG Capital Management Inc. now owns 21,092 shares of the technology company's stock worth $57,000 after acquiring an additional 7,108 shares in the last quarter. New York State Common Retirement Fund increased its stake in Baozun by 95.5% in the fourth quarter. New York State Common Retirement Fund now owns 23,914 shares of the technology company's stock valued at $65,000 after acquiring an additional 11,683 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in Baozun during the third quarter valued at about $148,000. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Baozun during the 3rd quarter valued at about $149,000. Institutional investors own 47.29% of the company's stock.

Baozun Price Performance

Baozun stock traded up $0.09 during mid-day trading on Wednesday, hitting $2.29. The company's stock had a trading volume of 475,978 shares, compared to its average volume of 480,943. The business has a 50 day moving average price of $3.15 and a 200-day moving average price of $3.05. Baozun Inc. has a 12 month low of $2.11 and a 12 month high of $4.38. The stock has a market cap of $140.98 million, a price-to-earnings ratio of -4.24 and a beta of 0.39.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Baozun from a "hold" rating to a "buy" rating in a research note on Friday, March 21st.

About Baozun

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.