Economy

Baidu (BIDU) Stock Rating Upgraded by Morgan Stanley

About 1.18 million shares traded.

American Century Companies Inc. boosted its holdings in Baidu Inc (NASDAQ:BIDU) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. It has underperformed by 4.68% the S&P500. The firm earned "Buy" rating on Tuesday, December 12 by Jefferies. Therefore 31% are positive.

Other research analysts have also issued research reports about the stock. Jefferies maintained Regis Corporation (NYSE:RGS) on Wednesday, November 1 with "Buy" rating. (NASDAQ:BIDU) rating on Monday, May 2. As per Tuesday, January 23, the company rating was downgraded by Jefferies. The firm earned "Buy" rating on Tuesday, October 27 by TH Capital. According to their observations and findings, the stock could provide a high EPS of $1.85/share and a low EPS of $1.37/share.

Carnegie Capital Asset Management Llc, which manages about $792.00M and $854.73M US Long portfolio, decreased its stake in Polyone Corp (NYSE:POL) by 10,814 shares to 12,260 shares, valued at $512,000 in 2017Q3, according to the filing.

Analysts await Baidu, Inc.

For the current quarter, 13 analysts are projecting a mean EPS of $1.62/share. BIDU's profit will be $577.95 million for 37.02 P/E if the $1.66 EPS becomes a reality. After $0.77 actual EPS reported by Realty Income Corporation for the previous quarter, Wall Street now forecasts -6.49% negative EPS growth. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, sixteen have assigned a buy rating and three have issued a strong buy rating to the company. Therefore 38% are positive.

Baidu, Inc. (NASDAQ:BIDU) reported its EPS in the last quarter as $2.35/Share beating the analyst estimate of $2.1/Share by a difference of $0.25. It also increased its holding in Universal Display Corp (NASDAQ:OLED) by 57,738 shares in the quarter, for a total of 615,912 shares, and has risen its stake in Berry Global Group Inc (NYSE:BERY). Barclays PLC set a $250.00 price objective on Baidu and gave the company a "hold" rating in a research note on Thursday, October 19th. Baidu Inc now has $85.30 billion valuation. KeyBanc Capital Markets downgraded the shares of BIDU in report on Tuesday, July 28 to "Sector Weight" rating.

Morgan Stanley increased shares of Baidu Inc (NASDAQ:BIDU) to a solid Overweight rating from the previous Equal-Weight. The firm earned "Buy" rating on Thursday, October 26 by Stifel Nicolaus. The rating was initiated by Bernstein with "Underperform" on Wednesday, January 11. The rating was upgraded by First Analysis on Monday, August 14 to "Buy". (NASDAQ:BIDU) has "Outperform" rating given on Tuesday, October 31 by Oppenheimer. The rating was downgraded by Nomura to "Neutral" on Friday, January 22. The rating was maintained by Robert W. Baird with "Outperform" on Monday, February 12.

Since February 8, 2018, it had 1 insider buy, and 0 insider sales for $77,500 activity. 65,508 shares were bought by CANNELL CAPITAL LLC, worth $173,858.

Investors sentiment decreased to 1.02 in 2017 Q3. 4 funds opened positions while 7 raised stakes. Institutional investors and hedge funds own 63.73% of the company's stock. Wesbanco Financial Bank invested in 0.01% or 49,413 shares. Hotchkis & Wiley Cap Limited Liability Company reported 88,473 shares. Overall, the share price is up 0.72% so far this year. Blackrock owns 101,658 shares for 0% of their portfolio. 25,960 were accumulated by National Bank Of Montreal Can. The SI to Digirad Corporation's float is 0.56%. Northern has 0% invested in Koppers Holdings Inc. Glenmede Na invested in 0% or 3 shares.

The stock increased 1.50% or $0.2452 during the last trading session, reaching $16.5452. About 67,599 shares traded. Aspen Insurance Holdings Limited (NYSE:AHL) has risen 7.81% since February 16, 2017 and is uptrending. It has underperformed by 16.70% the S&P500. It operates through two divisions, Registries and Services. It now has negative earnings.



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