Economy

Motley Fool Asset Management LLC Has $4874000 Stake in Baidu Inc (BIDU)

Falcon Edge Capital Lp bought 559,059 shares as the company's stock rose 6.51% with the market. The hedge fund held 5.45 million shares of the commercial physical & biological resarch company at the end of 2017Q2, valued at $488.10 million, down from 6.21M at the end of the previous reported quarter. Falcon Edge Capital Lp who had been investing in Cheniere Energy Inc (Call) for a number of months, seems to be bullish on the $11.25 billion market cap company. The stock rose 0.68% or $0.66 reaching $98.42. About 892,119 shares traded or 247.18% up from the average. More interesting news about Baidu Inc (ADR) (NASDAQ:BIDU) were released by: Investorplace.com and their article: "Bet on Baidu Inc (ADR) (BIDU) Stock Even at These Levels" published on October 02, 2017 as well as Investorplace.com's news article titled: "Why Applied Optoelectronics Inc (AAOI) Stock Can Make a Comeback" with publication date: October 11, 2017. It has outperformed by 11.23% the S&P500.

Analysts expect Baidu Inc (ADR) (NASDAQ:BIDU) to report $2.26 EPS on October, 26.They anticipate $0.98 EPS change or 76.56% from last quarter's $1.28 EPS. The Georgia-based Emory University has invested 1.51% in the stock. The stock rose 1.77% or $1.85 reaching $106.12 per share.

Baidu, Inc. - American Deposita now has a P/E ratio of 47.45 and the market cap is 90.27B. Capital World Investors now owns 9,726,375 shares of the information services provider's stock worth $1,739,659,000 after acquiring an additional 3,419,291 shares during the period.

Baidu Inc (NASDAQ:BIDU) traded down 0.90% on Friday, hitting $190.23. Baidu has an average rating of "Buy" and an average target price of $223.12. Its up 0.59, from 1.25 in 2017Q1. It improved, as 28 investors sold Q shares while 146 reduced holdings. 56 funds opened positions while 118 raised stakes. Macquarie Gp Limited stated it has 81,542 shares or 0.01% of all its holdings. Dearborn Ltd reported 174,748 shares. Farallon Capital Mngmt Limited Liability owns 3.90 million shares. Moreover, Shaker Financial Services Llc has 0.35% invested in the company for 46,947 shares. Hancock accumulated 315,535 shares or 0.48% of the stock. First Republic Mgmt Inc holds 19,025 shares. Bnp Paribas Asset Management has 0% invested in Cheniere Energy, Inc. Castleark Mngmt Lc holds 396,604 shares or 0.47% of its portfolio. Livforsakringsbolaget Skandia Omsesidigt holds 2,833 shares or 0.02% of its portfolio. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company. Therefore 89% are positive. Quintiles Transnational had 48 analyst reports since July 22, 2015 according to SRatingsIntel.

On July 31 the company was upgraded from "Neutral" to "Buy" in a statement from Nomura. The rating was downgraded by Nomura to "Neutral" on Friday, January 22. The stock has "Hold" rating by Summit Research on Wednesday, September 30. Credit Suisse Group reiterated an "outperform" rating on shares of Baidu in a research note on Thursday, August 31st. The firm has "Buy" rating by Cantor Fitzgerald given on Wednesday, May 31. Jefferies maintained it with "Buy" rating and $225 target in Monday, April 25 report. As per Monday, September 18, the company rating was maintained by Argus Research. The firm has "Buy" rating given on Tuesday, October 3 by Jefferies. As per Thursday, August 24, the company rating was maintained by Stifel Nicolaus.

Analysts await Quintiles IMS Holdings Inc (NYSE:Q) to report earnings on November, 1. In the latest earnings report the EPS was $5.49 and is expected to be $7.14 for the current year with 346,762,000 shares now outstanding. BIDU's profit would be $785.83M giving it 28.72 P/E if the $2.26 EPS is correct. After $0.13 actual EPS reported by RealPage Inc for the previous quarter, Wall Street now forecasts 15.38% EPS growth. Aisling Capital Llc owns 2.02 million shares or 6.05% of their United States portfolio.



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