R-G Niederhoffer Capital Management Inc decreased its stake in Baidu Inc (BIDU) by 50.94% based on its latest 2017Q3 regulatory filing with the SEC. R-G Niederhoffer Capital Management Inc sold 2,700 shares as the company’s stock rose 1.94% with the market. The hedge fund held 2,600 shares of the technology company at the end of 2017Q3, valued at $644,000, down from 5,300 at the end of the previous reported quarter. R-G Niederhoffer Capital Management Inc who had been investing in Baidu Inc for a number of months, seems to be less bullish one the $88.84 billion market cap company. The stock decreased 0.74% or $1.92 during the last trading session, reaching $255.86. About 1.49M shares traded. Baidu, Inc. (NASDAQ:BIDU) has risen 12.02% since January 17, 2017 and is uptrending. It has underperformed by 4.68% the S&P500.
Yhb Investment Advisors Inc increased its stake in Liberty Global Plc (LBTYK) by 58.37% based on its latest 2017Q3 regulatory filing with the SEC. Yhb Investment Advisors Inc bought 49,084 shares as the company’s stock declined 17.26% while stock markets rallied. The institutional investor held 133,172 shares of the television services company at the end of 2017Q3, valued at $4.36M, up from 84,088 at the end of the previous reported quarter. Yhb Investment Advisors Inc who had been investing in Liberty Global Plc for a number of months, seems to be bullish on the $35.31B market cap company. The stock increased 1.47% or $0.51 during the last trading session, reaching $35.16. About 1.77M shares traded. Liberty Global plc (NASDAQ:LBTYK) has declined 6.78% since January 17, 2017 and is downtrending. It has underperformed by 23.48% the S&P500.
Yhb Investment Advisors Inc, which manages about $966.41 million and $559.17 million US Long portfolio, decreased its stake in Us Bancorp Del (NYSE:USB) by 8,725 shares to 101,695 shares, valued at $5.45M in 2017Q3, according to the filing. It also reduced its holding in Kraft Heinz Co by 9,637 shares in the quarter, leaving it with 61,269 shares, and cut its stake in Amgen Inc (NASDAQ:AMGN).
Among 24 analysts covering Baidu (NASDAQ:BIDU), 9 have Buy rating, 4 Sell and 11 Hold. Therefore 38% are positive. Baidu had 56 analyst reports since July 28, 2015 according to SRatingsIntel. Bernstein initiated Baidu, Inc. (NASDAQ:BIDU) rating on Wednesday, January 11. Bernstein has “Underperform” rating and $150 target. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, October 30. The firm earned “Buy” rating on Monday, April 25 by Jefferies. Daiwa Securities downgraded the stock to “Underperform” rating in Wednesday, October 7 report. The stock has “Sector Weight” rating by Pacific Crest on Tuesday, July 28. The firm earned “Buy” rating on Friday, July 28 by Oppenheimer. The rating was downgraded by Deutsche Bank on Wednesday, September 28 to “Hold”. Stifel Nicolaus upgraded Baidu, Inc. (NASDAQ:BIDU) on Tuesday, January 10 to “Buy” rating. As per Monday, January 8, the company rating was maintained by Wells Fargo. The firm earned “Buy” rating on Friday, July 28 by Macquarie Research.
Analysts await Baidu, Inc. (NASDAQ:BIDU) to report earnings on February, 22. They expect $1.66 EPS, up 3.75% or $0.06 from last year’s $1.6 per share. BIDU’s profit will be $576.39 million for 38.53 P/E if the $1.66 EPS becomes a reality. After $3.62 actual EPS reported by Baidu, Inc. for the previous quarter, Wall Street now forecasts -54.14% negative EPS growth.
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