3,126 Shares in Baidu, Inc. (BIDU) Acquired by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL acquired a new stake in shares of Baidu, Inc. (NASDAQ:BIDU) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,126 shares of the information services provider’s stock, valued at approximately $559,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. UBS Oconnor LLC raised its holdings in shares of Baidu by 3.3% during the second quarter. UBS Oconnor LLC now owns 324,980 shares of the information services provider’s stock valued at $58,126,000 after purchasing an additional 10,414 shares during the period. HighTower Advisors LLC raised its holdings in shares of Baidu by 15.3% during the second quarter. HighTower Advisors LLC now owns 37,623 shares of the information services provider’s stock valued at $6,777,000 after purchasing an additional 4,980 shares during the period. YorkBridge Wealth Partners LLC raised its holdings in shares of Baidu by 8.7% during the second quarter. YorkBridge Wealth Partners LLC now owns 2,126 shares of the information services provider’s stock valued at $383,000 after purchasing an additional 170 shares during the period. People s United Financial Inc. raised its holdings in shares of Baidu by 11,419.0% during the second quarter. People s United Financial Inc. now owns 11,519 shares of the information services provider’s stock valued at $2,060,000 after purchasing an additional 11,419 shares during the period. Finally, First Allied Advisory Services Inc. raised its holdings in shares of Baidu by 14.0% during the second quarter. First Allied Advisory Services Inc. now owns 4,901 shares of the information services provider’s stock valued at $877,000 after purchasing an additional 602 shares during the period. Hedge funds and other institutional investors own 64.15% of the company’s stock.

Shares of Baidu, Inc. (NASDAQ:BIDU) opened at 252.22 on Tuesday. The firm has a 50-day moving average of $234.93 and a 200-day moving average of $200.46. The company has a market capitalization of $87.46 billion, a P/E ratio of 45.98 and a beta of 1.99. Baidu, Inc. has a 12 month low of $159.54 and a 12 month high of $254.28.

Several brokerages have recently weighed in on BIDU. Zacks Investment Research upgraded shares of Baidu from a “hold” rating to a “buy” rating and set a $265.00 price objective on the stock in a report on Wednesday, September 27th. HSBC Holdings plc reiterated a “buy” rating and set a $282.00 price objective (up previously from $245.00) on shares of Baidu in a report on Wednesday, September 27th. Instinet upgraded shares of Baidu from a “neutral” rating to a “buy” rating and upped their price objective for the company from $180.00 to $241.00 in a report on Monday, July 31st. TheStreet upgraded shares of Baidu from a “c+” rating to a “b” rating in a report on Monday, July 31st. Finally, Oppenheimer Holdings, Inc. upped their price objective on shares of Baidu from $200.00 to $250.00 and gave the company an “outperform” rating in a report on Monday, July 31st. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, fourteen have issued a buy rating and three have given a strong buy rating to the company. Baidu currently has a consensus rating of “Buy” and a consensus price target of $223.12.

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Several other hedge funds and other institutional investors also recently made changes to their positions in the company. UBS Oconnor LLC raised its holdings in shares of Baidu by 3.3% during the second quarter. UBS Oconnor LLC now owns 324,980 shares of the information services provider’s stock valued at $58,126,000 after purchasing an additional 10,414 shares during the period. HighTower Advisors LLC raised its holdings in shares of Baidu by 15.3% during the second quarter. HighTower Advisors LLC now owns 37,623 shares of the information services provider’s stock valued at $6,777,000 after purchasing an additional 4,980 shares during the period. YorkBridge Wealth Partners LLC raised its holdings in shares of Baidu by 8.7% during the second quarter. YorkBridge Wealth Partners LLC now owns 2,126 shares of the information services provider’s stock valued at $383,000 after purchasing an additional 170 shares during the period. People s United Financial Inc. raised its holdings in shares of Baidu by 11,419.0% during the second quarter. People s United Financial Inc. now owns 11,519 shares of the information services provider’s stock valued at $2,060,000 after purchasing an additional 11,419 shares during the period. Finally, First Allied Advisory Services Inc. raised its holdings in shares of Baidu by 14.0% during the second quarter. First Allied Advisory Services Inc. now owns 4,901 shares of the information services provider’s stock valued at $877,000 after purchasing an additional 602 shares during the period. Hedge funds and other institutional investors own 64.15% of the company’s stock.

Shares of Baidu, Inc. (NASDAQ:BIDU) opened at 252.22 on Tuesday. The firm has a 50-day moving average of $234.93 and a 200-day moving average of $200.46. The company has a market capitalization of $87.46 billion, a P/E ratio of 45.98 and a beta of 1.99. Baidu, Inc. has a 12 month low of $159.54 and a 12 month high of $254.28.

Several brokerages have recently weighed in on BIDU. Zacks Investment Research upgraded shares of Baidu from a “hold” rating to a “buy” rating and set a $265.00 price objective on the stock in a report on Wednesday, September 27th. HSBC Holdings plc reiterated a “buy” rating and set a $282.00 price objective (up previously from $245.00) on shares of Baidu in a report on Wednesday, September 27th. Instinet upgraded shares of Baidu from a “neutral” rating to a “buy” rating and upped their price objective for the company from $180.00 to $241.00 in a report on Monday, July 31st. TheStreet upgraded shares of Baidu from a “c+” rating to a “b” rating in a report on Monday, July 31st. Finally, Oppenheimer Holdings, Inc. upped their price objective on shares of Baidu from $200.00 to $250.00 and gave the company an “outperform” rating in a report on Monday, July 31st. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, fourteen have issued a buy rating and three have given a strong buy rating to the company. Baidu currently has a consensus rating of “Buy” and a consensus price target of $223.12.

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Baidu Profile

Baidu, Inc is a Chinese language Internet search provider. The Company offers a Chinese language search platform on its Baidu.com Website that enables users to find information online, including Webpages, news, images, documents and multimedia files, through links provided on its Website. In addition to serving individual Internet search users, the Company provides a platform for businesses to reach customers.

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Institutional Ownership by Quarter for Baidu (NASDAQ:BIDU)

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