Leonetti & Associates LLC bought a new position in Yandex (NASDAQ:YNDX) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 223,845 shares of the information services provider’s stock, valued at approximately $7,331,000. Yandex comprises approximately 2.0% of Leonetti & Associates LLC’s portfolio, making the stock its 14th largest position. Leonetti & Associates LLC owned approximately 0.07% of Yandex as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Aperio Group LLC acquired a new position in Yandex during the third quarter valued at approximately $342,000. Sei Investments Co. raised its stake in shares of Yandex by 6.4% during the third quarter. Sei Investments Co. now owns 295,235 shares of the information services provider’s stock valued at $9,728,000 after purchasing an additional 17,689 shares during the period. Advisor Group Inc. raised its stake in shares of Yandex by 34.3% during the third quarter. Advisor Group Inc. now owns 29,738 shares of the information services provider’s stock valued at $980,000 after purchasing an additional 7,602 shares during the period. TCW Group Inc. purchased a new stake in shares of Yandex during the third quarter valued at approximately $1,239,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Yandex during the third quarter valued at approximately $305,000. 67.88% of the stock is currently owned by institutional investors and hedge funds.
Shares of Yandex stock opened at $39.39 on Friday. Yandex has a 52 week low of $21.40 and a 52 week high of $44.49. The stock has a market capitalization of $12,941.22, a price-to-earnings ratio of 48.63, a price-to-earnings-growth ratio of 0.92 and a beta of 2.67.
Yandex (NASDAQ:YNDX) last issued its quarterly earnings results on Thursday, February 15th. The information services provider reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. The firm had revenue of $483.70 million for the quarter. Yandex had a net margin of 9.32% and a return on equity of 17.70%. Yandex’s revenue was up 26.0% compared to the same quarter last year. During the same quarter last year, the firm posted $9.94 earnings per share. equities analysts anticipate that Yandex will post 1.23 EPS for the current year.
YNDX has been the subject of a number of research analyst reports. Deutsche Bank lifted their price target on shares of Yandex to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, January 16th. BidaskClub upgraded shares of Yandex from a “sell” rating to a “hold” rating in a research note on Tuesday, December 12th. Zacks Investment Research lowered shares of Yandex from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. JPMorgan Chase reiterated an “overweight” rating and set a $47.00 target price on shares of Yandex in a research note on Thursday, February 8th. Finally, TheStreet raised shares of Yandex from a “c” rating to a “b+” rating in a report on Thursday, February 15th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company’s stock. Yandex has a consensus rating of “Buy” and an average target price of $39.91.
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Yandex N.V. operates an Internet search engine in Russia and internationally. The company offers search, location-based, personalized, and mobile services that enable users to find information, and communicate and connect over the Internet from desktops and mobile devices. It provides maps and location-based services, such as Yandex.Maps, Yandex.Navigator, and Yandex.Transport; Yandex.Mail that provides users access to their email accounts; Yandex.Disk, a cloud-based storage service; Yandex.News, an online news aggregation service; Yandex.Weather, a service that offers hyperlocal weather information; and Yandex Browser for desktops and mobile platforms.
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