Pillar Pacific Capital Management LLC Lowers Position in Baidu, Inc. (BIDU)


Harding Loevner LP now owns 4,377,670 shares of the information services provider's stock valued at $755,236,000 after buying an additional 414,941 shares during the last quarter. Marathon Asset Management LLP owned about 0.20% of Baidu worth $124,661,000 at the end of the most recent reporting period.

Hedge funds have recently made changes to their positions in the company. Barnett & Company Inc. raised its stake in Baidu by 10.3% in the first quarter. Artisan Partners Partnership has an ownership of 7,639,967 stocks of the information services provider's shares valued at $1,318,047,000 after scooping up an extra 621,382 shares through out the quarter. Franklin Resources Inc. increased its position in shares of Baidu by 7.4% in the second quarter. 3,329,940 shares of the company were exchanged. Orbis Allan Gray Ltd increased its position in shares of Baidu by 206.2% in the fourth quarter. Harris Associates L P now owns 6,948,582 shares of the information services provider's stock worth $1,198,769,000 after buying an additional 572,298 shares in the last quarter.

Pillar Pacific Capital Management LLC decreased its position in shares of Baidu, Inc. Lazard Asset Management LLC now owns 5,741,885 shares of the information services provider's stock valued at $990,588,000 after buying an additional 132,261 shares during the period. Campbell & CO Investment Adviser LLC acquired a new position in shares of Baidu during the first quarter valued at $202,000. Ameritas Investment Partners Inc. now owns 4,949 shares of the information services provider's stock worth $854,000 after buying an additional 28 shares during the last quarter.

Baidu, Inc. has a 1-year low of $159.54 and a 1-year high of $233.37.

Baidu (NASDAQ:BIDU) traded up 0.41% during midday trading on Monday, reaching $223.49. The firm's 50 day moving average price is $198.76 and its 200-day moving average price is $183.92. Kenmare Capital Partners Llc who had been investing in Baidu Inc for a number of months, seems to be bullish on the $77.38 billion market cap company.


Gmt Capital Corp decreased Baidu Inc. "(BIDU)" was posted by BBNS and is the sole property of of BBNS. If you are viewing this article on another website, it was stolen and reposted in violation of United States and global trademark and copyright laws.

BIDU has been the subject of several research analyst reports. The stock of Baidu Inc (ADR) (NASDAQ:BIDU) earned "Outperform" rating by Credit Suisse on Monday, February 22. Vetr lowered Baidu from a "strong-buy" rating to a "buy" rating and set a $199.19 price target for the company.in a research note on Monday, May 8th. TheStreet raised Baidu from a "c+" rating to a "b" rating in a research report on Monday, July 31st. The company presently has a consensus rating of Buy and a consensus price target of $209.80.

Wall Street analysts are still seeing some upside to Baidu, Inc. 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. In addition to serving individual Internet search users, the Company provides a platform for businesses to reach customers.

More notable recent Stryker Corporation (NYSE:SYK) news were published by: Forbes.com which released: "Two Stocks To Buy And Forget For The Next Decade - Stryker And Zimmer" on August 06, 2017, also Nasdaq.com with their article: "Stryker announces election of new Director, Mary K. Brainerd" published on August 02, 2017, Zacks.com published: "Why Earnings Season Could Be Great for Stryker Corporation (SYK) July 26, 2017" on July 26, 2017.



Related Posts

Former Second Round Pick Trent Murphy Suffers Torn ACL, Out For Season
He'll miss two to three weeks with what one source described as a "tweaked" knee, something that dates to his days at USC. He will still serve his suspension this season, it will not carry over to 2018 when Murphy is healthy.

World Approval Kicks Clear in Fourstardave
While World Approval relished the rain-soaked turf, Time Test seem to sputter over it according to his rider Javier Castellano. It looked like he loved it". "I just tried to stay out of trouble and I think that was the key", Franco said.

Usain Bolt falls to the track injured in final career race
Instead Bolt ended up flat on the track, pulling up with that appeared to be a hamstring injury about halfway down the anchor leg. Bowie, who won the 100 meters this week, ran a strong anchor leg, leaving behind the opposition to finish in 41.82 seconds.

NATO comments on North Korea's possible attack on US Pacific base
On the other hand, Russian Federation is also seen criticising Washington's handling of North Korea. The US and North Korea have exchanged a series of warmongering statements over the recent week.

Man arrested after mother and daughter stabbed to death in Golders Green
The incident room can be contacted on 0208 358 0200, or information can be reported anonymously to Crimestoppers on 0800 555 111. Detective Chief Superintendent Simon Rose told citizens that additional foot patrols will be present in the surrounding area.

Chelsea begin title defence with defeat to Burnley
The Spanish forward thought he had another minutes later, but his close range finish was ruled out for offside. It was a nervous time for Burnley fans as Chelsea continued to press.

Bryce Harper injures left knee, leaves game
Saturday's game was delayed three hours with more inclement weather and the rain conditions came into play right away. Harper is now one of the leaders in the NL MVP race and is hitting.326 with 29 home runs and 87 RBI.

Asian stocks slump on profit-taking amid US-NKorea tensions
Nordstrom shares were up 1.63 percent at $45.60 following the apparel retailer's better-than-expected quarterly same-store sales. The data comes amid tepid inflation that has remained below the Federal Reserve's 2 percent target, despite low unemployment.

Helicopter crashes near site of white nationalist rally
The helicopter was flying low near homes before it crashed in the woods, neighbors told a reporter with the newspaper. At least one person was killed and 19 injured when a vehicle plowed into a group of counter-protesters.

Eggs containing pesticides found in 17 countries
She said the EU's "priority remains to manage the situation, to continue to coordinate and to reassure our citizens". Free range eggs from Spain were seen on sale at a grocery store in east Hong Kong Island Saturday.

© 2015 ExpressNewsline. All Rights reserved.