Intellectus Partners LLC grew its holdings in Baidu, Inc. (NASDAQ:BIDU – Free Report) by 14.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 11,268 shares of the information services provider’s stock after buying an additional 1,386 shares during the period. Intellectus Partners LLC’s holdings in Baidu were worth $1,342,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. CWM LLC increased its holdings in Baidu by 8.7% in the third quarter. CWM LLC now owns 1,591 shares of the information services provider’s stock valued at $214,000 after buying an additional 127 shares in the last quarter. Caprock Group LLC purchased a new stake in shares of Baidu during the 3rd quarter valued at $344,000. Commonwealth Equity Services LLC grew its stake in shares of Baidu by 2.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 31,478 shares of the information services provider’s stock valued at $4,229,000 after buying an additional 794 shares during the period. Compagnie Lombard Odier SCmA purchased a new stake in shares of Baidu during the 3rd quarter valued at $2,086,000. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in shares of Baidu by 87.9% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,190,389 shares of the information services provider’s stock valued at $159,929,000 after acquiring an additional 556,891 shares in the last quarter.
Baidu Stock Performance
Shares of NASDAQ:BIDU traded up $0.62 during trading on Friday, reaching $100.52. 4,816,699 shares of the company’s stock traded hands, compared to its average volume of 2,670,415. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.01 and a quick ratio of 3.01. Baidu, Inc. has a 12 month low of $94.25 and a 12 month high of $156.98. The company has a 50 day moving average of $103.06 and a 200-day moving average of $108.72. The stock has a market capitalization of $35.25 billion, a P/E ratio of 13.02 and a beta of 0.68.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on BIDU
Baidu Profile
Baidu, Inc engages in the provision of internet search services in China. It operates through two segments: Baidu Core and iQIYI. The company offers Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Baidu Health that helps users to find the doctor and hospital for healthcare needs; and Haokan, a short video app.
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