Motley Fool Asset Management LLC Has $4874000 Stake in Baidu Inc (BIDU)

Marco Green
October 13, 2017

Jefferies maintained it with "Buy" rating and $225 target in Monday, April 25 report. The rating was downgraded by Macquarie Research to "Neutral" on Friday, October 28. SunTrust initiated Versartis Inc (NASDAQ:VSAR) rating on Friday, December 2. The value of the investment in Baidu, Inc.

More notable recent Baidu Inc (ADR) (NASDAQ:BIDU) news were published by: Investorplace.com which released: "Baidu Inc (ADR) (BIDU) Stock Surging on Technology Advances" on September 29, 2017, also Livetradingnews.com with their article: "Baidu Inc (ADR) (NASDAQ:BIDU) HEFFX Highlights" published on October 11, 2017, Investorplace.com published: "Baidu Inc (BIDU) Stock Has a Lot More Room to Run Higher" on October 04, 2017.

The company is down by 0.80% percent from yesterday's close. The stock declined 0.42% or $1.1 reaching $259.22 on the news. The Alkeon Capital Management Llc holds 22,599 shares with $4.04 million value, down from 234,699 last quarter. Realpage Inc now has $3.50B valuation. Campbell & CO Investment Adviser LLC bought a new stake in shares of Baidu during the first quarter valued at about $202,000. About 811,309 shares traded.

Baidu, Inc., launched on January 18, 2000, is a Chinese language Internet search provider. Tweedy Browne Company Llc who had been investing in Baidu Inc. for a number of months, seems to be bullish on the $89.89 billion market cap company. The Company offers a Chinese language search platform on its Baidu.com Website that enables users to find information online, including Webpages, news, images, documents and multimedia files, through links provided on its Website. It has a 53.87 P/E ratio. In addition to serving individual Internet search users, the Company provides a platform for businesses to reach customers. Beacon Financial Group grew its ownership by buying 37 shares an increase of 1.7% from 06/30/2017 to 09/30/2017.

Baidu Inc (NASDAQ:BIDU) traded down 0.90% on Friday, hitting $190.23. It has underperformed by 4.68% the S&P500.

Among 24 analysts covering Baidu (NASDAQ:BIDU), 10 have Buy rating, 4 Sell and 10 Hold. Therefore 83% are positive. Ardelyx Inc had 10 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has "Neutral" rating given on Monday, March 28 by SunTrust. The company was upgraded on Monday, July 31 by Nomura. The stock had a trading volume of 1,105,606 shares. The rating was maintained by Jefferies on Monday, June 19 with "Buy". The rating was maintained by Cantor Fitzgerald with "Buy" on Wednesday, August 9. The stock of J M Smucker Co (NYSE:SJM) earned "Hold" rating by Susquehanna on Wednesday, May 31. The firm earned "Accumulate" rating on Thursday, July 23 by Global Hunter Securities.

Among 6 analysts covering Ardelyx Inc (NASDAQ:ARDX), 6 have Buy rating, 0 Sell and 0 Hold. The firm has "Hold" rating given on Wednesday, September 27 by Stifel Nicolaus.

Investors sentiment increased to 1.33 in Q2 2017. Its down 0.15, from 1.12 in 2017Q1. It is positive, as 22 investors sold RP shares while 39 reduced holdings. 70 funds opened positions while 222 raised stakes. Weiss Multi owns 20,000 shares. Jaffetilchin Investment Partners Llc owns 97,033 shares or 0.44% of their United States portfolio. Umb Fincl Bank N A Mo owns 7,373 shares. Castleark Mngmt Lc holds 396,604 shares or 0.47% of its portfolio. Goldman Sachs Gp reported 722,481 shares. Moreover, Perceptive Advisors Llc has 3.87% invested in the company for 4.41 million shares. Sei Invests Communication reported 0.12% of its portfolio in Quintiles IMS Holdings Inc (NYSE:Q). Farallon Capital Mngmt Limited Liability owns 3.90 million shares. 5,803 are owned by Foster Dykema Cabot & Comm Incorporated Ma. The Minnesota-based Sit Investment Associates Inc has invested 0.15% in the stock. Dearborn Ltd reported 174,748 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER