Dnb Asset Management As Stake In Baidu INC Adr (BIDU) Was Increased

Baidu, Inc. (NASDAQ:BIDU) Corporate Logo

According to 2018Q4 SEC filling the Dnb Asset Management As upped its holdings in Baidu Inc Adr (BIDU) by 126.62%. The company’s stock declined 14.60% while stock markets rallied as Dnb Asset Management As bought 448,857 shares. The institutional investor is holding 803,345 shares, compared to the 354,488 from the previous quarter. And the reported value of the technology company is $127.41B for the 2018Q4. $57.17B is the market cap of Baidu Inc Adr. Ticker’s shares touched $163.65 during the last trading session after 1.25% change.Currently Baidu, Inc. is downtrending after 35.57% change in last March 10, 2018. BIDU has also 2.63M shares volume. BIDU underperformed by 39.94% the S&P 500.

About $7710.47 billion US Long portfolio Dnb Asset Management As manages. It decreased its stake in Sunrun Inc by 100,750 shares to 866,761 shares, valued at $9.44 billion in 2018Q4, according to the filing. For a total of 25,896 shares it reduced its holding in Alexion Pharmaceuticals Inc (NASDAQ:ALXN) by 1,279 shares in the quarter, and has cut its stake in Illumina Inc (NASDAQ:ILMN).

For more Baidu, Inc. (NASDAQ:BIDU) news released briefly go to: Investorplace.com, Nasdaq.com, Nasdaq.com, Nasdaq.com or Globenewswire.com. The titles are as follows: “7 Chinese Stocks to Buy for the 2019 Rebound – Investorplace.com” released on March 04, 2019, “Baidu Inc. (BIDU) Outpaces Stock Market Gains: What You Should Know – Nasdaq” on February 12, 2019, “5 Futuristic Artificial Intelligence Stocks to Buy – Nasdaq” with a publish date: February 12, 2019, “Where Will Baidu Be in 5 Years? – Nasdaq” and the last “New Research: Key Drivers of Growth for 3D, Baidu, Xerox, CH Robinson Worldwide, California Water Service Group, and Marcus & Millichap — Factors of Influence, Major Initiatives and Sustained Production – GlobeNewswire” with publication date: March 04, 2019.

Baidu, Inc. (NASDAQ:BIDU) Ratings Coverage

A total of 9 analysts rate Baidu (NASDAQ:BIDU) as follows: 6 “Buy”, 3 “Hold” and 0 “Sell”. ?herefore 67% are bullish. (NASDAQ:BIDU) has 11 ratings reports on 10 Mar 2019 according to StockzIntelligence. On Monday, February 25 the rating was maintained by Macquarie Research with “Buy”. On Tuesday, January 22 the company was maintained by Citigroup. The company rating was maintained by Daiwa Securities on Friday, March 8. On Friday, February 22 the rating was maintained by Oppenheimer with “Buy”. On Monday, February 25 Barclays Capital maintained the shares of BIDU in report with “Hold” rating. On Wednesday, February 13 the stock of Baidu, Inc. (NASDAQ:BIDU) has “Buy” rating given by Macquarie Research. On Thursday, November 1 the company was maintained by Barclays Capital. On Friday, February 22 the stock has “Buy” rating by Benchmark. The company rating was downgraded by Morgan Stanley on Tuesday, January 8. On Monday, October 29 Deutsche Bank maintained Baidu, Inc. (NASDAQ:BIDU) rating. Deutsche Bank has “Buy” rating and $369 target.

Baidu, Inc. (NASDAQ:BIDU) Analyst Ratings Chart

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