Majedie Asset Management Ltd decreased its stake in Baidu Inc (BIDU) by 70.1% based on its latest 2019Q1 regulatory filing with the SEC. Majedie Asset Management Ltd sold 16,598 shares as the company’s stock declined 12.27% while stock markets rallied. The institutional investor held 7,079 shares of the technology company at the end of 2019Q1, valued at $1.17M, down from 23,677 at the end of the previous reported quarter. Majedie Asset Management Ltd who had been investing in Baidu Inc for a number of months, seems to be less bullish one the $40.92 billion market cap company. The stock decreased 1.17% or $1.39 during the last trading session, reaching $116.91. About 3.92M shares traded. Baidu, Inc. (NASDAQ:BIDU) has declined 43.99% since June 23, 2018 and is downtrending. It has underperformed by 48.42% the S&P500. Some Historical BIDU News: 28/03/2018 – Chinese streaming company iQiyi prices IPO at $18 per share; 09/04/2018 – ANALYSIS-China joins HK-US battle for Chinese tech listings; 14/03/2018 – Moody’s Revises Baidu’s Ratings Outlook To Stable From Negative; 16/03/2018 – Baidu Announces Strategic Partnership With Skyworth for Smart Homes; 21/05/2018 – Baidu Conference Call Scheduled By Aliya Capital for May. 29; 18/03/2018 – Moody’s Assigns A3 To Baidu’s Proposed Senior Notes, Outlook Stable; 18/05/2018 – BAIDU SAYS QI LU TO REMAIN VICE CHAIRMAN; 23/05/2018 – Baidu Gains for First Day in Five: Chinese ADRs Wednesday; 28/04/2018 – Robin Li and Melissa Ma Donate RMB 660 Million to Peking University to Fund Tech Research and Innovation; 15/03/2018 – Baidu, Inc. Files Its Annual Report on Form 20-F
Baillie Gifford & Company decreased its stake in Eog Resources (EOG) by 2.77% based on its latest 2019Q1 regulatory filing with the SEC. Baillie Gifford & Company sold 137,569 shares as the company’s stock declined 2.47% while stock markets rallied. The institutional investor held 4.82 million shares of the energy company at the end of 2019Q1, valued at $459.23M, down from 4.96M at the end of the previous reported quarter. Baillie Gifford & Company who had been investing in Eog Resources for a number of months, seems to be less bullish one the $53.61 billion market cap company. The stock increased 1.01% or $0.92 during the last trading session, reaching $92.37. About 3.69M shares traded or 2.35% up from the average. EOG Resources, Inc. (NYSE:EOG) has declined 20.49% since June 23, 2018 and is downtrending. It has underperformed by 24.92% the S&P500. Some Historical EOG News: 30/04/2018 – EOG Resources Presenting at Conference May 14; 03/05/2018 – EOG Resources 1Q EPS $1.10; 27/03/2018 – EOG Resources expects service costs to drop this year in shale plays; 15/05/2018 – SHANDA EXITED ACHC, NAVI, RYB, EOG, GKOS IN 1Q: 13F; 25/04/2018 – SSETS INCLUDE CONWY OILFIELD IN EAST IRISH SEA, STAKE IN COLUMBUS GAS PROJECT IN NORTH SEA -DOCUMENT; 27/03/2018 – EOG SEES LOWERING ITS WELL COSTS ANOTHER 9% IN PERMIAN BASIN; 04/05/2018 – EOG WILL `OPPORTUNISTIALLY’ LOCK IN 2019 SERVICES TO CUT COSTS; 04/05/2018 – EOG SAYS CAN REDUCE DEBT, GROW DIVIDEND AT MOST OIL PRICES; 09/03/2018 Report: Exploring Fundamental Drivers Behind EOG Resources, Alteryx, Synthetic Biologics, Extreme Networks, Knight-Swift Transp; 03/05/2018 – EOG Resources: Maintained Forecast for 2018 Cap Expenditures of $5.4B-$5.8B
More notable recent EOG Resources, Inc. (NYSE:EOG) news were published by: Fool.com which released: “6 Reasons EOG Resources Believes It’s One of the Best Oil Stocks Around – The Motley Fool” on June 01, 2019, also Finance.Yahoo.com with their article: “Did You Manage To Avoid EOG Resources’s (NYSE:EOG) 25% Share Price Drop? – Yahoo Finance” published on May 29, 2019, Seekingalpha.com published: “Halliburton: The Outlook Just Keeps Getting Worse – Seeking Alpha” on June 05, 2019. More interesting news about EOG Resources, Inc. (NYSE:EOG) were released by: Seekingalpha.com and their article: “This Is Not The End Of The Bull Market; An Agile Trader Can Be Successful Today – Seeking Alpha” published on May 30, 2019 as well as Seekingalpha.com‘s news article titled: “Pfizer To Buy Array BioPharma For $48 A Share In Cash; You Buy XBI – Seeking Alpha” with publication date: June 17, 2019.
Investors sentiment increased to 1.2 in 2019 Q1. Its up 0.25, from 0.95 in 2018Q4. It increased, as 52 investors sold EOG shares while 274 reduced holdings. 98 funds opened positions while 294 raised stakes. 486.39 million shares or 1.74% less from 495.00 million shares in 2018Q4 were reported. Davenport And Lc accumulated 0.52% or 440,621 shares. Primecap Comm Ca accumulated 0.15% or 2.17M shares. Moreover, M&T Bancorporation has 0.1% invested in EOG Resources, Inc. (NYSE:EOG). Syntal Ptnrs Ltd Liability Co reported 6,388 shares. Aviva Plc has invested 0.14% in EOG Resources, Inc. (NYSE:EOG). Icon Advisers Inc reported 1.07% stake. Strategic Advisors Limited Com holds 0.18% or 4,865 shares in its portfolio. Aspiriant Ltd Company holds 4,174 shares or 0.03% of its portfolio. Mercer Advisers has 0.26% invested in EOG Resources, Inc. (NYSE:EOG). Toronto Dominion Commercial Bank reported 465,823 shares. Calamos Advsr Ltd Llc holds 310,480 shares or 0.18% of its portfolio. Gluskin Sheff & owns 8,030 shares. British Columbia Inv Management accumulated 110,442 shares. Voloridge Investment Mgmt Ltd Llc has invested 0.43% in EOG Resources, Inc. (NYSE:EOG). First Bank & Trust Trust has invested 0.31% of its portfolio in EOG Resources, Inc. (NYSE:EOG).
Baillie Gifford & Company, which manages about $91.42B US Long portfolio, upped its stake in Novocure Ltd by 3.54 million shares to 8.04M shares, valued at $387.26M in 2019Q1, according to the filing. It also increased its holding in Veeco Instruments (NASDAQ:VECO) by 116,207 shares in the quarter, for a total of 1.63 million shares, and has risen its stake in Fastenal (NASDAQ:FAST).
Since December 20, 2018, it had 0 insider purchases, and 1 sale for $235,851 activity. Yacob Ezra Y sold $235,851 worth of stock or 2,388 shares.
Analysts await EOG Resources, Inc. (NYSE:EOG) to report earnings on August, 1. They expect $1.47 EPS, up 7.30% or $0.10 from last year’s $1.37 per share. EOG’s profit will be $853.08 million for 15.71 P/E if the $1.47 EPS becomes a reality. After $1.19 actual EPS reported by EOG Resources, Inc. for the previous quarter, Wall Street now forecasts 23.53% EPS growth.
Majedie Asset Management Ltd, which manages about $1.42 billion US Long portfolio, upped its stake in Ensco Plc (NYSE:ESV) by 475,356 shares to 19.19M shares, valued at $75.49 million in 2019Q1, according to the filing. It also increased its holding in Cboe Global Markets Inc (NASDAQ:CBOE) by 22,546 shares in the quarter, for a total of 60,847 shares, and has risen its stake in Intercontinental Exchange In (NYSE:ICE).
More notable recent Baidu, Inc. (NASDAQ:BIDU) news were published by: Seekingalpha.com which released: “Baidu: Building On Blockchain – Seeking Alpha” on June 03, 2019, also Nasdaq.com with their article: “IXUS, BABA, ERUS, BIDU: Large Inflows Detected at ETF – Nasdaq” published on June 07, 2019, Seekingalpha.com published: “Baidu Is The Best Way To Invest In China’s Future – Seeking Alpha” on May 28, 2019. More interesting news about Baidu, Inc. (NASDAQ:BIDU) were released by: Nasdaq.com and their article: “Baidu (BIDU) Down 8.4% on Target Price Cut by Susquehanna – Nasdaq” published on May 21, 2019 as well as Investorplace.com‘s news article titled: “5 Tech Stocks That Are Far Too Risky Right Now – Investorplace.com” with publication date: June 11, 2019.
Analysts await Baidu, Inc. (NASDAQ:BIDU) to report earnings on July, 30. They expect $0.42 earnings per share, down 84.39% or $2.27 from last year’s $2.69 per share. BIDU’s profit will be $147.01M for 69.59 P/E if the $0.42 EPS becomes a reality. After $-0.05 actual earnings per share reported by Baidu, Inc. for the previous quarter, Wall Street now forecasts -940.00% EPS growth.
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