/As Baidu (BIDU) Stock Value Declined, Indus Capital Partners Has Trimmed Its Stake by $1.06 Million; Ghp Investment Advisors Cut Its International Business Machs (IBM) Position by $374,482 (via Qpute.com)
Baidu, Inc. (NASDAQ:BIDU) Logo

As Baidu (BIDU) Stock Value Declined, Indus Capital Partners Has Trimmed Its Stake by $1.06 Million; Ghp Investment Advisors Cut Its International Business Machs (IBM) Position by $374,482 (via Qpute.com)


Baidu, Inc. (NASDAQ:BIDU) Logo

Ghp Investment Advisors Inc decreased its stake in International Business Machs (IBM) by 26.56% based on its latest 2018Q4 regulatory filing with the SEC. Ghp Investment Advisors Inc sold 3,314 shares as the company’s stock rose 12.54% with the market. The institutional investor held 9,165 shares of the computer manufacturing company at the end of 2018Q4, valued at $1.04M, down from 12,479 at the end of the previous reported quarter. Ghp Investment Advisors Inc who had been investing in International Business Machs for a number of months, seems to be less bullish one the $124.46 billion market cap company. The stock increased 0.56% or $0.78 during the last trading session, reaching $140.37. About 1.40M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 10.00% since May 3, 2018 and is downtrending. It has underperformed by 14.37% the S&P500. Some Historical IBM News: 10/05/2018 – WRAL NEWS in NC: #BREAKING: IBM chooses NC State as partner for first IBM Quantum Computing Hub in North America; 16/05/2018 – FINJAN HOLDINGS INC – PURSUANT TO PATENT ASSIGNMENT AGREEMENT, IBM ASSIGNED TO FINJAN BLUE 30 U.S. PATENTS, 11 RELATED INTERNATIONAL PATENTS; 15/05/2018 – BERKSHIRE EXITED IBM, GHC IN 1Q: 13F; 24/04/2018 – IBM: Intnl Bus. Mach: IBM Board Approves Increase in Quarterly Cash Dividend for the 23rd Consecutive Year; 15/05/2018 – Veridium to Use IBM Blockchain Technology to Create Social and Environmental Impact Tokens; 19/03/2018 – Media Alert: IBM Chairman, President and CEO Ginni Rometty To Keynote IBM THINK 2018 (Live Webcast); 15/05/2018 – Environmental tech start-up Veridium will use IBM’s technology to issue and manage carbon credit-backed tokens on the blockchain; 17/04/2018 – IBM CFO JAMES KAVANAUGH: DISAPPOINTED W/ STORAGE REVENUE GROWTH; 26/04/2018 – Amazon Web Services: AWS Database Migration Service & AWS Schema Conversion Tool add IBM Db2 as a source for migrations!; 27/03/2018 – Stefanini Wins Award at IBM Think 2018 Event in Las Vegas

Indus Capital Partners Llc decreased its stake in Baidu Inc (BIDU) by 11.15% based on its latest 2018Q4 regulatory filing with the SEC. Indus Capital Partners Llc sold 6,700 shares as the company’s stock declined 14.60% while stock markets rallied. The hedge fund held 53,402 shares of the technology company at the end of 2018Q4, valued at $8.47 million, down from 60,102 at the end of the previous reported quarter. Indus Capital Partners Llc who had been investing in Baidu Inc for a number of months, seems to be less bullish one the $58.45 billion market cap company. The stock increased 0.64% or $1.07 during the last trading session, reaching $167.31. About 1.49 million shares traded. Baidu, Inc. (NASDAQ:BIDU) has declined 35.57% since May 3, 2018 and is downtrending. It has underperformed by 39.94% the S&P500. Some Historical BIDU News: 17/04/2018 – Alibaba, Baidu, JD.com to list in China as early as June, sources say; 14/03/2018 – Baidu Conference Call Scheduled By Aliya Capital for Mar. 22; 07/03/2018 – ATOMWISE – NEW INVESTORS IN SERIES A FINANCING INCLUDE BAIDU VENTURES, TENCENT, AND DOLBY FAMILY VENTURE VENTURES; 22/03/2018 – GUIDANCE: Baidu $Benchmark 5.5Y +125#, 10Y +160#; 19/03/2018 – Baidu Waimai Chairman Gong leaves, third high-level departure since Ele.me’s acquisition, sources say; 18/03/2018 – Baidu video streaming unit iQiyi launches $2.4bn US IPO; 16/04/2018 – JD.com takes $85 mln stake in Allianz China unit; 18/03/2018 – Moody’s Assigns A3 To Baidu’s Proposed Senior Notes, Outlook Stable; 01/05/2018 – Alibaba, Tencent and Baidu turn sights on short video; 28/04/2018 – Robin Li and Melissa Ma Donate RMB 660 Million to Peking University to Fund Tech Research and Innovation

More notable recent Baidu, Inc. (NASDAQ:BIDU) news were published by: Nasdaq.com which released: “Baidu Inc. (BIDU) Stock Moves -0.37%: What You Should Know – Nasdaq” on May 01, 2019, also Investorplace.com with their article: “Investors Should Take Another Look at IQ Stock Before Q1 Earnings – Investorplace.com” published on April 30, 2019, Nasdaq.com published: “Alphabet Stock Is Still a Buy On Every Dip – Nasdaq” on April 16, 2019. More interesting news about Baidu, Inc. (NASDAQ:BIDU) were released by: Nasdaq.com and their article: “Will Alibaba Stock Rally on Rival Amazon’s Partial Exit From China? – Nasdaq” published on April 23, 2019 as well as Seekingalpha.com‘s news article titled: “Baidu, Alibaba, And Tencent – Strange Bedfellows United By Common Foes – Seeking Alpha” with publication date: April 16, 2019.

Indus Capital Partners Llc, which manages about $7.51B and $553.05M US Long portfolio, upped its stake in Graftech Intl Ltd by 1.95M shares to 2.00M shares, valued at $22.83 million in 2018Q4, according to the filing. It also increased its holding in Vipshop Hldgs Ltd (NYSE:VIPS) by 1.17 million shares in the quarter, for a total of 2.62M shares, and has risen its stake in China Online Ed Group.

Investors sentiment decreased to 0.59 in Q4 2018. Its down 0.32, from 0.91 in 2018Q3. It dropped, as 129 investors sold IBM shares while 678 reduced holdings. 121 funds opened positions while 353 raised stakes. 523.62 million shares or 6.28% more from 492.69 million shares in 2018Q3 were reported. Intact Invest Mgmt has invested 0.46% in International Business Machines Corporation (NYSE:IBM). First Bankshares has 0.19% invested in International Business Machines Corporation (NYSE:IBM) for 9,398 shares. 117,774 are held by Dnb Asset Management As. Arete Wealth Limited Liability Corporation has invested 0.41% of its portfolio in International Business Machines Corporation (NYSE:IBM). Financial Counselors stated it has 64,762 shares or 0.36% of all its holdings. Jnba Financial has invested 0.05% of its portfolio in International Business Machines Corporation (NYSE:IBM). 18,097 are held by First Trust. Heritage Corp holds 0.85% or 112,002 shares in its portfolio. Dorsey & Whitney Trust Limited Liability Com owns 12,416 shares or 0.25% of their US portfolio. Moreover, Delta Asset Llc Tn has 0.11% invested in International Business Machines Corporation (NYSE:IBM) for 6,114 shares. Farmers Trust reported 0.57% stake. Janney Montgomery Scott Ltd Com has 306,038 shares. Country Club Tru Company Na owns 0.99% invested in International Business Machines Corporation (NYSE:IBM) for 66,353 shares. Rhenman Prtnrs Asset Management Ab has invested 0.03% in International Business Machines Corporation (NYSE:IBM). Yorktown Research reported 45,000 shares.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Seekingalpha.com which released: “Apple, IBM, Costco among those expected to raise payouts next week – Seeking Alpha” on April 26, 2019, also Investorplace.com with their article: “IBM Stock Is On Its Last Legs — Sell, Sell, Sell! – Investorplace.com” published on April 11, 2019, Investorplace.com published: “IBM Stock Won’t Rise as Fast as Investors Expect – Investorplace.com” on April 15, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: 247Wallst.com and their article: “Top Analyst Upgrades and Downgrades: Apple, Chipotle, CEMEX, CVS, Eli Lilly, Hewlett Packard Enterprise, IBM, Incyte, MercadoLibre, US Steel and More – 24/7 Wall St.” published on April 11, 2019 as well as Fool.com‘s news article titled: “3 Things to Watch in the Stock Market This Week – The Motley Fool” with publication date: April 14, 2019.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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