Dymon Asia Capital Singapore PTE. LTD. bought a new stake in shares of Baidu, Inc. (NASDAQ:BIDU – Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 37,771 shares of the information services provider’s stock, valued at approximately $4,935,000. Baidu comprises approximately 0.5% of Dymon Asia Capital Singapore PTE. LTD.’s investment portfolio, making the stock its 17th biggest holding.
Other large investors have also recently bought and sold shares of the company. Central Asset Investments & Management Holdings HK Ltd acquired a new position in Baidu during the 4th quarter valued at $2,626,000. Yarbrough Capital LLC acquired a new position in Baidu during the 4th quarter valued at $1,697,000. Earnest Partners LLC raised its stake in Baidu by 21.9% during the 3rd quarter. Earnest Partners LLC now owns 818,930 shares of the information services provider’s stock valued at $107,910,000 after purchasing an additional 146,992 shares during the last quarter. ARK Investment Management LLC raised its stake in Baidu by 72.7% during the 3rd quarter. ARK Investment Management LLC now owns 508,388 shares of the information services provider’s stock valued at $66,990,000 after purchasing an additional 213,941 shares during the last quarter. Finally, TT International Asset Management LTD acquired a new position in Baidu during the 4th quarter valued at $33,727,000.
Baidu Trading Down 0.3%
Shares of Baidu stock opened at $115.77 on Friday. The company’s fifty day moving average price is $126.68 and its two-hundred day moving average price is $129.85. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.85 and a quick ratio of 1.85. Baidu, Inc. has a 52-week low of $83.30 and a 52-week high of $165.30. The firm has a market capitalization of $39.39 billion, a PE ratio of -964.67, a price-to-earnings-growth ratio of 1.98 and a beta of 0.54.
Analyst Upgrades and Downgrades
View Our Latest Report on Baidu
Baidu Company Profile
Baidu, Inc, founded in 2000 and headquartered in Beijing, is a Chinese multinational technology company best known for operating one of China’s leading internet search engines. The company built its business around online search and related advertising services, providing search, content aggregation and targeted ad placements to consumers and marketers across China. Baidu went public on the NASDAQ in 2005 and has since diversified beyond search into a broader technology and AI-focused portfolio.
Core products and services include the Baidu search platform and mobile app, Baidu Maps and Baidu Baike (an online encyclopedia), along with digital content initiatives.
Featured Articles
- Five stocks we like better than Baidu
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Want to see what other hedge funds are holding BIDU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Baidu, Inc. (NASDAQ:BIDU – Free Report).
Receive News & Ratings for Baidu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baidu and related companies with MarketBeat.com's FREE daily email newsletter.
