Circle Wealth Management LLC purchased a new stake in shares of Baidu Inc (NASDAQ:BIDU) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 900 shares of the information services provider’s stock, valued at approximately $211,000.
A number of other hedge funds have also recently bought and sold shares of the business. TIAA CREF Investment Management LLC grew its position in Baidu by 5.5% during the fourth quarter. TIAA CREF Investment Management LLC now owns 795,650 shares of the information services provider’s stock valued at $186,349,000 after acquiring an additional 41,792 shares during the period. Teachers Advisors LLC grew its position in Baidu by 14.8% during the fourth quarter. Teachers Advisors LLC now owns 277,745 shares of the information services provider’s stock valued at $65,051,000 after acquiring an additional 35,800 shares during the period. HBK Investments L P purchased a new stake in Baidu during the fourth quarter valued at about $5,012,000. Morgens Waterfall Vintiadis & Co. Inc. purchased a new stake in Baidu during the fourth quarter valued at about $527,000. Finally, Guggenheim Capital LLC grew its position in Baidu by 29.4% during the fourth quarter. Guggenheim Capital LLC now owns 221,289 shares of the information services provider’s stock valued at $51,828,000 after acquiring an additional 50,225 shares during the period. 63.22% of the stock is owned by hedge funds and other institutional investors.
Baidu Inc (NASDAQ BIDU) opened at $265.67 on Tuesday. The company has a quick ratio of 1.71, a current ratio of 1.84 and a debt-to-equity ratio of 0.30. Baidu Inc has a one year low of $166.00 and a one year high of $274.97. The company has a market capitalization of $91,392.07, a PE ratio of 32.14, a P/E/G ratio of 1.63 and a beta of 1.77.
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Baidu Company 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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