Thornburg Investment Management Inc Modifies Its Position in Baidu Inc (BIDU)

Marco Green
November 17, 2017

The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.71 and a current ratio of 1.71. About 294,356 shares traded. It has underperformed by 4.68% the S&P500.

Capital Investment Advisors Llc decreased Intl Business Machines (IBM) stake by 22.03% reported in 2017Q2 SEC filing. Harbour Capital Advisors LLC now owns 20,927 shares of the information services provider's stock worth $117,000 after purchasing an additional 20,810 shares in the last quarter. Home Depot Inc now has $196.18B valuation. The stock increased 2.82% or $2.13 during the last trading session, reaching $77.53. Janney Montgomery Scott LLC lifted its position in shares of Baidu by 3.1% during the 3rd quarter. (NYSE:IBM) has risen 4.86% since November 16, 2016 and is uptrending. It has outperformed by 45.78% the S&P500.

Among 49 analysts covering Apple Inc.

Among 24 analysts covering Baidu (NASDAQ:BIDU), 9 have Buy rating, 4 Sell and 11 Hold. Therefore 70% are positive. The correct version of this report can be read at https://weekherald.com/2017/11/16/barclays-plc-lowers-baidu-inc-bidu-price-target-to-240-00.html. The stock of Baidu Inc (ADR) (NASDAQ:BIDU) earned "Sector Weight" rating by KeyBanc Capital Markets on Tuesday, July 28. The firm has "Buy" rating given on Tuesday, January 10 by Stifel Nicolaus. On Monday, August 3 the stock rating was maintained by Oppenheimer with "Outperform". The company was maintained on Friday, October 27 by Jefferies. The firm has "Overweight" rating given on Wednesday, August 16 by Barclays Capital. The rating was downgraded by Zacks on Monday, September 7 to "Hold". BMO Capital Markets maintained C R Bard Inc (NYSE:BCR) rating on Wednesday, April 12. Baidu now has an average rating of Buy and a consensus price target of $234.70. Credit Suisse maintained it with "Outperform" rating and $235 target in Monday, February 22 report.

Investors sentiment increased to 0.68 in Q2 2017. Its down 0.30, from 0.88 in 2017Q1. It is positive, as 38 investors sold HD shares while 632 reduced holdings. 129 funds opened positions while 634 raised stakes. Riccio Daniel J. had sold 11,949 shares worth $1.86 million. United Bancorporation Incorporated holds 5,321 shares or 0.34% of its portfolio.

The company is down by 0.83% percent from yesterday's close. Van Cleef Asset Managementinc, Ohio-based fund reported 26,414 shares. The days to cover decreased to 2.0 and the percentage of shorted shares is 0.19% as of October 13. Meeder Asset Management holds 1,246 shares. Affinity Investment Advsrs Ltd Liability Com invested in 1.59% or 86,664 shares. Bank & Trust Of New York Mellon Corporation invested in 0% or 192,675 shares. International Group holds 7,155 shares. Tarbox Family Office invested 0% in C R Bard Inc (NYSE:BCR). Leavell Management owns 51,076 shares. Argi Inv Services Llc invested 0.24% of its portfolio in Apple Inc. Gulf Int Financial Bank (Uk) Ltd reported 23,174 shares stake. 2,645 are owned by Diligent Investors Ltd Liability. Norfolk Southern Corp (NYSE:NSC) was raised too. Vetr raised Baidu from a buy rating to a strong-buy rating and set a $277.19 target price for the company in a research report on Monday, October 30th. Harris Associates L P now owns 9,015,196 shares of the information services provider's stock valued at $1,612,458,000 after acquiring an additional 2,066,614 shares during the last quarter. BIDU's profit will be $527.10 million for 38.83 P/E if the $1.52 EPS becomes a reality.

Analysts await Spark Energy Inc (NASDAQ:SPKE) to report earnings on March, 1. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have given a buy rating and three have given a strong buy rating to the company. Bankia had 6 analyst reports since September 3, 2015 according to SRatingsIntel. As per Friday, July 28, the company rating was maintained by Jefferies. JP Morgan maintained the stock with "Neutral" rating in Monday, October 30 report. On Tuesday, July 28 the stock rating was downgraded by Credit Agricole to "Underperform". TH Capital downgraded the stock to "Hold" rating in Friday, July 29 report. More interesting news about Baidu Inc (ADR) (NASDAQ:BIDU) were released by: Investorplace.com and their article: "Why Netflix, Inc". Nomura has "Neutral" rating and $180 target. (NASDAQ:AAPL), 40 have Buy rating, 1 Sell and 8 Hold.

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