The company has a market capitalization of $65.74 billion, a PE ratio of 52.41 and a beta of 1.98. The Sands Capital Management Llc holds 6.99 million shares with $1.25B value, up from 6.37 million last quarter. The Oregon-based Hood River Capital Management Llc has invested 0.71% in the stock. 1,922,429 shares of the company’s stock were exchanged. It is down 12.02% since September 25, 2016 and is uptrending. It has underperformed by 34.20% the S&P500. As of the end of the quarter Orbis Allan Gray Ltd had sold a total of 128,248 shares trimming its holdings by 3.6%.
The stock of Baidu Inc (ADR) (NASDAQ:BIDU) is a huge mover today!
Baidu (NASDAQ:BIDU) traded up 0.69% during midday trading on Thursday, reaching $240.57.
Trilogy Global Advisors Lp decreased Cognizant Technology Solutio (NASDAQ:CTSH) stake by 206,261 shares to 203,174 valued at $13.49M in 2017Q2. The stock of Baidu Inc (ADR) (NASDAQ:BIDU) has “Hold” rating given on Wednesday, September 9 by Deutsche Bank.
Investors sentiment decreased to 1.08 in Q2 2017. Its up 0.08, from 0.93 in 2017Q1. 87 funds opened positions while 181 raised stakes. Numeric Invsts Lc holds 0.09% or 416,866 shares. (NASDAQ:ISBC). Oppenheimer Asset Mngmt has 517 shares. Goldman Sachs owns 0% invested in Regional Management Corp (NYSE:RM) for 96,347 shares. Bnp Paribas Arbitrage owns 2,581 shares. However, the institutional investors are observed to own 86.10% of the total shares. 11,667 were accumulated by Zurcher Kantonalbank (Zurich Cantonalbank). Rhumbline Advisers owns 11,922 shares for 0% of their portfolio.
Tweedy Browne Company Llc increased its stake in Baidu Inc. SITE’s SI was 3.72 million shares in September as released by FINRA. Capital World Invsts holds 0.12% or 4.94M shares in its portfolio. Therefore 63% are positive.
Institutional investors have recently added to or reduced their stakes in the business. The company now has a consensus rating of “Buy” and a consensus price target of $215.51. The company was downgraded on Tuesday, July 28 by KeyBanc Capital Markets. Jefferies maintained Regional Management Corp (NYSE:RM) rating on Thursday, September 7. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, November 18. The firm has “Overweight” rating given on Sunday, August 9 by Pacific Crest. Cantor Fitzgerald began coverage on shares of Baidu in a research report on Monday, December 19th.
Next Financial Group, Inc bolstered its holdings by buying 105 shares an increase of 26.4% from 03/31/2017 to 06/30/2017. They expect $2.26 EPS, up 76.56% or $0.98 from last year’s $1.28 per share. BIDU’s profit will be $783.67M for 25.80 P/E if the $2.26 EPS becomes a reality. After $2.02 actual EPS reported by Baidu Inc (ADR) for the previous quarter, Wall Street now forecasts 11.88% EPS growth. The consensus target price is $209.10 with 9 brokers rating the stock a strong buy, 12 firms rating the stock a buy, 6 firms rating the stock a hold, two brokerages rating the company a underperform, and lastly zero equity analysts rating the company a sell. Therefore 39% are positive. Marriott International had 44 analyst reports since August 5, 2015 according to SRatingsIntel. The company was upgraded on Monday, July 31 by Nomura. Cowen & Co maintained AMC Networks Inc (NASDAQ:AMCX) on Tuesday, August 15 with “Hold” rating. They issued an “underweight” rating and a $126.00 price objective for the company. The firm has “Equal-Weight” rating given on Tuesday, January 17 by Morgan Stanley. The firm has “Buy” rating given on Wednesday, June 28 by Jefferies. Jefferies Group LLC restated a buy rating and set a $208.00 price objective on shares of Baidu in a research note on Saturday, July 22nd. Summit Research downgraded the stock to “Hold” rating in Wednesday, September 30 report. Bernstein maintained the stock with “Sell” rating in Friday, July 14 report. Finally, Instinet upgraded Baidu from a neutral rating to a buy rating and lifted their target price for the stock from $180.00 to $241.00 in a research note on Monday, July 31st.
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