Shares in Baidu Inc (BIDU) Acquired by LLBH Private Wealth Management LLC
Sumitomo Mitsui Asset Management Company Ltd sold 305,959 shares as Tripadvisor Inc (TRIP)’s stock declined 6.33%. The stock’s market capitalization is 65.07B. World Asset Management Inc now owns 16,910 shares of the information services provider’s stock worth $2,917,000 after buying an additional 299 shares during the last quarter. About 857,927 shares traded. It has underperformed by 47.01% the S&P500.
Quantbot Technologies LP bought a new position in shares of Baidu Inc (NASDAQ:BIDU) during the first quarter, according to its most recent disclosure with the SEC. Baidu Inc (ADR) (NASDAQ:BIDU) has risen 12.02% since June 1, 2016 and is uptrending. Swiss National Bank now owns 637,598 shares of the information services provider’s stock worth $109,998,000 after buying an additional 73,100 shares during the last quarter. Baidu Inc Ads Each Repr 0.10 Ord Class “A” Share now has $63.73 billion valuation.
Shares of Baidu closed the previous trading session at 187.60 up +0.34 0.18% with 1,192,530 shares trading hands. About 364,109 shares traded.
The current consensus rating on Baidu (NASDAQ:BIDU) is Hold (Score: 2.26) with a consensus target price of $185.58 per share, a potential 1.08% downside. It has underperformed by 4.68% the S&P500. They expect $0.60 earnings per share, down 33.33% or $0.30 from last year’s $0.9 per share. The expected BIDU’s profit could reach $384.37M giving the stock 42.83 P/E in the case that $1.10 earnings per share is reported. After having $0.66 EPS previously, Baidu Inc (ADR)’s analysts see 66.67 % EPS growth. Therefore 29% are positive. Baidu had 35 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Market Perform” rating on Monday, April 3 by Wells Fargo. The rating was maintained by TH Capital on Tuesday, October 27 with “Buy”. They issued an “equal weight” rating and a $195.00 target price on the stock. The company was initiated on Wednesday, July 20 by Credit Suisse. Jefferies Group LLC lifted their target price on shares of Baidu from $188.00 to $208.00 and gave the stock a “buy” rating in a research report on Monday, May 1st. On Monday, February 22 the stock rating was maintained by Credit Suisse with “Outperform”.
There are 2 sell ratings, 13 hold ratings, 8 buy ratings on the stock. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Starbucks Corp (NASDAQ:SBUX) was raised too.
Since January 1, 0001, it had 1 buy, and 0 insider sales for $5,589 activity. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the company’s stock. The institutional investor held 495,526 shares of the finance company at the end of 2016Q4, valued at $17.95 million, down from 792,069 at the end of the previous reported quarter. The firm has “Outperform” rating given on Friday, October 23 by BMO Capital Markets. The company was downgraded on Wednesday, January 27 by Goldman Sachs. The firm has “Underperform” rating by Bank of America given on Friday, April 29. Raymond James downgraded the stock to “Underperform” rating in Thursday, January 28 report. Baidu has an average rating of “Hold” and a consensus target price of $186.63. Miller Tabak initiated the shares of TRIP in report on Wednesday, January 18 with “Hold” rating.
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