Nordea Investment Management AB Has $48.58 Million Stake in Baidu Inc (BIDU)

Trilogy Global Advisors Lp bought 18,040 shares as the company's stock rose 1.94% with the market. ARGA Investment Management LP now owns 618,700 shares of the information services provider's stock valued at $153,246,000 after purchasing an additional 7,000 shares in the last quarter. Trilogy Global Advisors Lp who had been investing in Baidu Inc for a number of months, seems to be bullish on the $80.73B market cap company.

The stock decreased 1.10% or $2.54 during the last trading session, reaching $229.21. Finally, Lazard Asset Management LLC raised its holdings in shares of Baidu by 2.4% during the second quarter.

Shares of Baidu Inc (BIDU) opened at $231.75 on Wednesday. It has underperformed by 4.68% the S&P500.

Altrinsic Global Advisors Llc, which manages about $14.11B and $2.77B US Long portfolio, decreased its stake in Thomson Reuters Corp (NYSE:TRI) by 305,333 shares to 2.85 million shares, valued at $131.77 million in 2017Q2, according to the filing. It also reduced its holding in Dun & Bradstreet Corp Del Ne (NYSE:DNB) by 59,997 shares in the quarter, leaving it with 44,926 shares, and cut its stake in United Parcel Service Inc (NYSE:UPS).

More notable recent, Inc. (NASDAQ:BIDU) news were published by: which released: "Why Baidu Inc (ADR) Stock Could See a 20% Rally" on November 20, 2017, also with their article: "Baidu Inc Stock Is Poised to Take on Google If It Must" published on November 28, 2017, published: "AI News: Baidu, Xiaomi Are Teaming Up on IoT" on November 28, 2017. Koch Industries Inc. purchased a new stake in Baidu during the fourth quarter worth $203,000. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have issued a buy rating and three have issued a strong buy rating to the stock. Therefore 76% are positive. Baidu Inc has a one year low of $155.28 and a one year high of $197.80. They presently have a $301.00 price target on the information services provider's stock. Baidu had 55 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse on Monday, February 22 with "Outperform". The firm has "Sector Weight" rating by Pacific Crest given on Tuesday, July 28. JP Morgan upgraded the stock to "Neutral" rating in Monday, January 9 report. (NASDAQ:BIDU) has "Buy" rating given on Tuesday, October 3 by Jefferies. Baidu has an average rating of "Buy" and an average price target of $236.36. The company was upgraded on Friday, July 28 by Macquarie Research. (NASDAQ:BIDU) earned "Underweight" rating by Cantor Fitzgerald on Monday, December 19. Finally, Vetr raised Baidu from a "buy" rating to a "strong-buy" rating and set a $277.19 target price on the stock in a report on Monday, October 30th.

ILLEGAL ACTIVITY NOTICE: "Bank of America Reaffirms "Buy" Rating for Baidu (NASDAQ:BIDU)" was published by The Lincolnian Online and is the sole property of of The Lincolnian Online. Citigroup reissued a "hold" rating and issued a $253.00 target price on shares of Baidu in a research report on Thursday, September 14th.

Receive News & Ratings for Baidu Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baidu Inc and related companies with's FREE daily email newsletter.

Notícias recomendadas

  • Nicehash Hacked: $62 Million In Bitcoin Stolen

    Nicehash Hacked: $62 Million In Bitcoin Stolen

    While the NiceHash operators seem honest with their statement , those words ring hollow for users that lost their accumulated BTC. This way, users can benefit from bitcoin mining without purchasing or operating the equipment themselves.
    Miocic-Ngannou title fight eyed for UFC 220

    Miocic-Ngannou title fight eyed for UFC 220

    The only time both undisputed titles were on the line on the same night was at UFC 44 in September 2003. The person spoke on the condition of anonymity because the UFC had yet to make its plans public.
    Abramovich could hand sacked Hull boss Slutsky job at Chelsea

    Abramovich could hand sacked Hull boss Slutsky job at Chelsea

    Regardless, Slutsky is said to have a role at the club open by his longtime friend and Chelsea owner Roman Abramovich. Hull City have reportedly moved closer to appointing Nigel Adkins as the club's new manager.
  • Moore PD release body cam footage of Shortey incident

    Moore PD release body cam footage of Shortey incident

    Moore police on Monday released edited body-cam videos of the officers who confronted Shortey at the Super 8 hotel early March 9. Police found an exchange of messages from Shortey on the teenager's tablet, in which he referred to him as "baby boy".

    WXYZ anchor Malcom Maddox placed on leave amid claims of sexual harassment

    Rideout said the yet-unnamed alleged victims have retained attorneys. Channel 7 knew about it, Mike Murri knew about it, Rideout said. Rideout also accused the station of covering up the claims.
    Industrial Cartridge Valves Market in United States - Parker, HydraForce and Sun

    Industrial Cartridge Valves Market in United States - Parker, HydraForce and Sun

    Investigation of upstream raw materials, downstream demand, and current Nuclear Valves market dynamics is also carried out. What's more, the Ophthalmology Cataract Surgery Devices industry development trends and marketing channels are analyzed.
  • FirstEnergy Corporation (FE) Holdings Trimmed by Financial Counselors Inc

    The Company is engaged in holding, directly or indirectly, all of the outstanding equity of its principal subsidiaries. The company had revenue of $3.60 billion during the quarter, compared to analysts' expectations of $3.64 billion.

    Comerica Incorporated (NYSE:CMA) Position Trimmed by Roosevelt Investment Group Inc

    With 102,500 avg volume, 4 days are for Valmont Industries Incorporated (NYSE:VMI)'s short sellers to cover VMI's short positions. Roosevelt Investment Group Inc.'s holdings in Comerica were worth $374,000 at the end of the most recent quarter.
    Turkey's Besiktas beats Leipzig in Champions League

    Turkey's Besiktas beats Leipzig in Champions League

    They are the only Turkish team to qualify from the group stage undefeated and as group leader in the history of the tournament. A game against Bayern would be special though", Tosun said, according to UEFA's official website.
  • Emmanuel Macron looks to boost security, economic co-operation between France and Algeria

    Emmanuel Macron looks to boost security, economic co-operation between France and Algeria

    The French president said that returning African art and historical artifacts now in France to their rightful owners is one of his priorities.

    Air Products & Chemicals, Inc. (APD) Shares Sold by Security National Trust Co

    Trades are upbeat as Air Products and Chemicals, putting up seen encouraging improvement in ROE through FY2017. (NYSE:APD). Still the company looks pretty costly at the moment as Basic Materials sector price to earnings is at 25.23 lower the company PE.

    Analyst Ideas For Two Stocks: Red Hat, Inc. (RHT), ServiceNow, Inc. (NOW)

    Red Hat, Inc . has a beta of 1.11, offering the possibility of a higher rate of return, but also posing more risk. (NYSE: RHT ). New York State Teachers Retirement System has invested 0.07% in Red Hat, Inc . (NYSE: RHT ) rating on Monday, November 28.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.