Stifel Financial Corp Sells 781 Shares of Baidu Inc (BIDU)

Lloyd Doyle
January 13, 2018

Thomas White International Ltd decreased Pt Telekom Indonesia Adr (TLK) stake by 25.12% reported in 2017Q3 SEC filing. American Beacon Advisors Inc holds 1.27% or 1,015 shares. (DNOW)'s stock declined 12.97%. The institutional investor held 249,535 shares of the business services company at the end of 2017Q3, valued at $26.26M, down from 263,109 at the end of the previous reported quarter. $1.07M worth of Visa Inc. The stock decreased 0.06% or $0.15 during the last trading session, reaching $248.8. Oppenheimer analyst J. Helfstein now anticipates that the information services provider will post earnings per share of $1.66 for the quarter, up from their previous forecast of $1.52. (NASDAQ:BIDU) news were published by: "Investorplace.com which released: "Bet on Baidu Inc (ADR) (BIDU) Stock Even at These Levels" on October 02, 2017, also Investorplace.com with their article: "Baidu Inc (ADR) Is On Sale â€" Add to Cart" published on October 27, 2017, Investorplace.com published: "Why Baidu Inc (ADR) Stock Is Bound to Go Even Higher" on January 10, 2018. It has underperformed by 6.84% the S&P500. Lazard Asset Management LLC now owns 5,879,990 shares of the information services provider's stock valued at $1,051,693,000 after acquiring an additional 138,105 shares during the last quarter. Sheaff Brock Investment Advisors LLC now owns 1,809 shares of the information services provider's stock worth $324,000 after purchasing an additional 33 shares in the last quarter. Baidu Adr Rep One Cl A now has $88.45B valuation. The stock increased 0.76% or $1.9 during the last trading session, reaching $252.72. It has underperformed by 4.68% the S&P500.

Several brokerages have recently issued reports on BIDU. They expect $1.66 earnings per share, up 3.75% or $0.06 from last year's $1.6 per share. BIDU's profit will be $576.39 million for 37.77 P/E if the $1.66 EPS becomes a reality.

Analysts await Baidu, Inc. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company's stock. Therefore 34% are positive. Baidu had 56 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has "Underperform" rating by Daiwa Securities given on Wednesday, October 7.


According to Zacks, "Baidu, Inc., formerly Baidu.com, Inc.is a Chinese-language Internet search provider and is based in Beijing, the People's Republic of China.The company offers a Chinese language search platform and conducts its operations principally through Baidu Online Network Technology Co., Ltd., a network of third-party Web sites and software applications". On Tuesday, November 21 the stock rating was maintained by Robert W. Baird with "Buy". Stifel Financial Corp's holdings in Baidu were worth $3,854,000 at the end of the most recent reporting period. (NASDAQ:BIDU) earned "Neutral" rating by JP Morgan on Monday, January 9. The company has a market capitalization of $86,440.00, a price-to-earnings ratio of 35.62, a PEG ratio of 1.48 and a beta of 1.89. (NASDAQ:BIDU) earned "Sector Weight" rating by Pacific Crest on Tuesday, July 28. The firm earned "Underweight" rating on Monday, December 19 by Cantor Fitzgerald. Jefferies has "Buy" rating and $23200 target. Therefore 83% are positive. The rating was downgraded by Citigroup to "Neutral" on Monday, June 13. The stock of Quanta Services, Inc. (NYSE:DNOW) earned "Buy" rating by Stifel Nicolaus on Wednesday, August 2. Oppenheimer now has a "Outperform" rating and a $295.00 target price on the stock. The company was downgraded on Tuesday, January 17 by Morgan Stanley. Finally, Barclays set a $240.00 target price on Baidu and gave the company a "hold" rating in a research note on Monday, October 30th. Stifel Nicolaus has "Buy" rating and $47.0 target. (NYSE:T) rating on Thursday, January 26.

Investors sentiment decreased to 1.4 in Q3 2017. (NASDAQ:AAPL) stake by 10,000 shares to 104,000 valued at $16.03 million in 2017Q3. Universal Display Corporation (NASDAQ:OLED) was reduced too. It increased, as 77 investors sold T shares while 609 reduced holdings. Its up 0.02, from 1.15 in 2017Q2. It dropped, as 48 investors sold V shares while 617 reduced holdings. 106 funds opened positions while 696 raised stakes. Lone Pine Cap Limited reported 1.27 million shares or 2.76% of all its holdings. Cls Invests Ltd Liability Corp reported 586,000 shares or 0.29% of all its holdings. (NYSE:T). Bnp Paribas Asset Mngmt Sa accumulated 550,030 shares or 0.18% of the stock. Ellington Management Group Inc Limited Liability Co reported 18,900 shares. Hudson Bay Cap LP invested in 0.47% or 178,472 shares. Profit Management Llc holds 0.29% of its portfolio in AT&T Inc. Oppenheimer reported 2,487 shares stake. Kornitzer Cap Mngmt Ks reported 0.26% of its portfolio in Visa Inc. Polar Asset Management Partners Incorporated invested 0.25% of its portfolio in NOW Inc. (NYSE:T). Creative Planning reported 0.18% in AT&T Inc.

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