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.

Burney puts the sword to reigning EPL champions Chelsea
The striker also had a goal ruled offside after his second-half introduction. "In recent games we have finished with nine or 10 men". We'll find the right solution".

Public Service Enterprise Group Incorporated (NYSE:PEG) Valuation According To Analysts
Shares of Public Service Enterprise Group Incorporated (PEG ) traded down 0.18% during midday trading on Friday, reaching $45.53. TFS Capital LLC boosted its position in shares of Enterprise Financial Services Corporation by 6.6% in the first quarter.

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.

U.S. stocks fall for third session as North Korea risks spook investors
Retailers slid after department stores Macy's and Kohl's both said same-store sales continued to decline in the latest quarter. Earlier in the week, Trump said the US would unleash "fire and fury" on North Korea if it continued to threaten the U.S.

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.

Dennis Smith Jr. Says the Knicks Pressured Him to Eat Octopus
As for the Knicks, forcing a 19-year-old to eat tentacles just goes to show why Phil Jackson wasn't working in NY . Smith is probably glad things worked out the way they did. "They kind of put the pressure on me to do it".

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.

Laredo Petroleum, Inc. (LPI) Lowered to "Sell" at Zacks Investment Research
Airain has 36,263 shares. (LPI) holds floating shares of 160.82 million and 230.28 million outstanding shares. Among 30 analysts covering Laredo Petroleum Holdings Inc (NYSE:LPI), 12 have Buy rating, 2 Sell and 16 Hold.

Vikings sign RB Hill after loss of Sankey
Sankey suffered a season-ending knee injury in Thursday night's 17-10 win over the Buffalo Bills in the preseason opener. Sankey was listed third on the team's official depth chart behind rookie Dalvin Cook and Jerick McKinnon .

© 2015 ExpressNewsline. All Rights reserved.