Arrowstreet Capital Limited Partnership Purchases Shares of 85,121 Baozun Inc. (NASDAQ:BZUN)

Arrowstreet Capital Limited Partnership acquired a new position in Baozun Inc. (NASDAQ:BZUN) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 85,121 shares of the technology company’s stock, valued at approximately $232,000. Arrowstreet Capital Limited Partnership owned about 0.14% of Baozun as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Barclays PLC boosted its holdings in Baozun by 2,153.5% in the third quarter. Barclays PLC now owns 160,000 shares of the technology company’s stock valued at $573,000 after acquiring an additional 152,900 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Baozun in the 3rd quarter worth about $353,000. XTX Topco Ltd bought a new stake in shares of Baozun during the 3rd quarter valued at about $175,000. State Street Corp purchased a new position in shares of Baozun during the third quarter valued at about $170,000. Finally, Public Employees Retirement System of Ohio bought a new position in Baozun in the third quarter worth about $149,000. 47.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Baozun from a “hold” rating to a “buy” rating in a report on Friday, March 21st.

Baozun Trading Down 0.4 %

Shares of Baozun stock opened at $2.27 on Monday. Baozun Inc. has a 12 month low of $2.11 and a 12 month high of $4.38. The firm has a market capitalization of $139.75 million, a P/E ratio of -4.20 and a beta of 0.39. The business has a fifty day simple moving average of $3.11 and a two-hundred day simple moving average of $3.05.

Baozun 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.