Pacific Capital Wealth Advisors Inc. acquired a new position in shares of Baidu, Inc. (NASDAQ:BIDU – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 406 shares of the information services provider’s stock, valued at approximately $48,000.
Several other large investors have also made changes to their positions in BIDU. Bruce G. Allen Investments LLC acquired a new position in shares of Baidu during the 4th quarter worth about $25,000. Headinvest LLC acquired a new position in Baidu in the 3rd quarter valued at approximately $36,000. FNY Investment Advisers LLC acquired a new position in Baidu in the 4th quarter valued at approximately $42,000. ING Groep NV raised its holdings in Baidu by 103.2% in the 3rd quarter. ING Groep NV now owns 443 shares of the information services provider’s stock valued at $60,000 after acquiring an additional 225 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new position in Baidu in the 3rd quarter valued at approximately $73,000.
Baidu Price Performance
NASDAQ:BIDU traded down $2.80 during mid-day trading on Tuesday, reaching $110.53. 3,101,860 shares of the company were exchanged, compared to its average volume of 3,425,120. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.23. The stock has a market cap of $38.76 billion, a PE ratio of 14.32 and a beta of 0.68. Baidu, Inc. has a 12 month low of $94.25 and a 12 month high of $156.98. The company has a fifty day moving average of $103.03 and a 200 day moving average of $108.09.
Analysts Set New Price Targets
View Our Latest Stock Analysis on Baidu
About Baidu
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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