Platinum Investment Management LTD Increased Baidu (BIDU) Holding; International Business Machs (IBM) Holder Gradient Investments Has Trimmed Its Position

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Platinum Investment Management Ltd increased its stake in Baidu Inc (BIDU) by 39.74% based on its latest 2018Q3 regulatory filing with the SEC. Platinum Investment Management Ltd bought 119,865 shares as the company’s stock declined 16.10% with the market. The hedge fund held 421,469 shares of the technology company at the end of 2018Q3, valued at $96.38 million, up from 301,604 at the end of the previous reported quarter. Platinum Investment Management Ltd who had been investing in Baidu Inc for a number of months, seems to be bullish on the $61.02 billion market cap company. The stock increased 2.83% or $4.81 during the last trading session, reaching $175.06. About 1.32M shares traded. Baidu, Inc. (NASDAQ:BIDU) has declined 23.09% since February 13, 2018 and is downtrending. It has underperformed by 23.09% the S&P500. Some Historical BIDU News: 10/04/2018 – Fitch Rates Baidu’s USD Notes Final ‘A’; 29/04/2018 – Baidu: Transactions Are Currently Expected to Close in the 2H of 2018; 18/05/2018 – Baidu: Haifeng Wang Has Been Promoted to Senior Vice Pres and General Manager of Baidu’s AI Group; 16/03/2018 – Caixin: Quick Take: Baidu Invests in Smart-TV Maker; 16/03/2018 – BAIDU – ANNOUNCED STRATEGIC PARTNERSHIP WITH SKYWORTH TO DEVELOP FULLY-INTEGRATED IN-HOME ECOSYSTEM POWERED BY ARTIFICIAL INTELLIGENCE; 08/05/2018 – Baidu customized ads, content services managers quit, sources say; 28/03/2018 – Dutch navigation firm TomTom looks for potential buyer; 29/03/2018 – Baidu Announces Pricing of Initial Public Offering of iQIYI, Inc; 18/05/2018 – Qi Lu to Transition into New Role at Baidu, Baidu Promotes Haifeng Wang to Senior Vice President; 26/04/2018 – Baidu 1Q Rev $3.33B

Gradient Investments Llc decreased its stake in International Business Machs (IBM) by 94.69% based on its latest 2018Q3 regulatory filing with the SEC. Gradient Investments Llc sold 57,049 shares as the company’s stock declined 16.83% with the market. The institutional investor held 3,198 shares of the computer manufacturing company at the end of 2018Q3, valued at $484,000, down from 60,247 at the end of the previous reported quarter. Gradient Investments Llc who had been investing in International Business Machs for a number of months, seems to be less bullish one the $124.41 billion market cap company. The stock increased 0.62% or $0.84 during the last trading session, reaching $136.89. About 1.64 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 21.12% since February 13, 2018 and is downtrending. It has underperformed by 21.12% the S&P500. Some Historical IBM News: 19/03/2018 – WlSeKey and IBM To Showcase Their integrated Solution to Secure IoT at THINK2018 Conference; 05/04/2018 – Rabobank Desensitizes Client Data for GDPR and DevOps with IBM; 17/04/2018 – IBM Earnings: There Are a Lot of Moving Parts Here — Barron’s Blog; 22/05/2018 – WhiteSource Launches Next-generation Software Composition Analysis Technology for Prioritizing Open Source Security Alerts; 06/03/2018 – BayCare Hospitals Named Among Nation’s 100 Top Hospitals by IBM Watson Health; 24/04/2018 – IBM Board Approves Increase In Quarterly Cash Dividend For The 23rd Consecutive Year; 17/04/2018 – IBM 1Q Cognitive Solutions Rev $4.3B; 24/04/2018 – IBM IBM.N INCREASES QUARTERLY DIVIDEND BY 5 PCT; 17/04/2018 – IBM – COMPANY EXPECTS FY 2018 GAAP DILUTED EARNINGS PER SHARE OF AT LEAST $11.58; 02/04/2018 – Flashpoint Accelerates Channel and Strategic Partner Initiatives; Appoints Former IBM Executive Jeff Seifert as Global Channel

Platinum Investment Management Ltd, which manages about $22.00B and $3.53 billion US Long portfolio, decreased its stake in Alphabet Inc by 16,700 shares to 167,702 shares, valued at $202.43M in 2018Q3, according to the filing. It also reduced its holding in Nomad Foods Ltd by 91,300 shares in the quarter, leaving it with 770,200 shares, and cut its stake in Intel Corp (NASDAQ:INTC).

More notable recent Baidu, Inc. (NASDAQ:BIDU) news were published by: Nasdaq.com which released: “Baidu to Help Deliver Groceries Through Apollo Powered Vans – Nasdaq” on January 15, 2019, also Nasdaq.com with their article: “5 Futuristic Artificial Intelligence Stocks to Buy – Nasdaq” published on February 12, 2019, Nasdaq.com published: “5 Artificial Intelligence Stocks to Consider – Nasdaq” on January 18, 2019. More interesting news about Baidu, Inc. (NASDAQ:BIDU) were released by: Streetinsider.com and their article: “China’s Baidu pledges to improve search service after complaint – StreetInsider.com” published on January 23, 2019 as well as Seekingalpha.com‘s news article titled: “Market Mispricing Hides Weibo’s Strong Fundamentals – Seeking Alpha” with publication date: January 17, 2019.

Among 27 analysts covering Baidu (NASDAQ:BIDU), 15 have Buy rating, 2 Sell and 10 Hold. Therefore 56% are positive. Baidu had 78 analyst reports since July 28, 2015 according to SRatingsIntel. Credit Suisse downgraded the stock to “Neutral” rating in Friday, October 28 report. The stock has “Hold” rating by Deutsche Bank on Wednesday, September 9. The firm earned “Underperform” rating on Wednesday, January 11 by Bernstein. The firm has “Outperform” rating given on Monday, August 3 by Oppenheimer. The firm earned “Equal-Weight” rating on Tuesday, January 8 by Morgan Stanley. The stock of Baidu, Inc. (NASDAQ:BIDU) has “Overweight” rating given on Thursday, February 15 by Morgan Stanley. The firm has “Market Perform” rating by Bernstein given on Friday, May 11. The stock of Baidu, Inc. (NASDAQ:BIDU) earned “Neutral” rating by Credit Suisse on Friday, May 18. JP Morgan upgraded Baidu, Inc. (NASDAQ:BIDU) on Monday, January 9 to “Neutral” rating. As per Wednesday, February 14, the company rating was upgraded by Daiwa Securities.

Among 35 analysts covering International Business Machines (NYSE:IBM), 14 have Buy rating, 5 Sell and 16 Hold. Therefore 40% are positive. International Business Machines had 142 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by UBS with “Neutral” on Tuesday, October 20. The stock of International Business Machines Corporation (NYSE:IBM) has “Sell” rating given on Tuesday, April 4 by Berenberg. The company was maintained on Wednesday, October 18 by Citigroup. Bank of America maintained International Business Machines Corporation (NYSE:IBM) rating on Thursday, January 18. Bank of America has “Buy” rating and $200.0 target. The stock of International Business Machines Corporation (NYSE:IBM) earned “Market Perform” rating by BMO Capital Markets on Thursday, July 19. RBC Capital Markets maintained the shares of IBM in report on Friday, January 15 with “Sector Perform” rating. The firm earned “Hold” rating on Wednesday, January 20 by Deutsche Bank. As per Friday, October 16, the company rating was initiated by Cantor Fitzgerald. On Wednesday, August 16 the stock rating was maintained by Jefferies with “Sell”. The company was maintained on Tuesday, July 19 by Barclays Capital.

Investors sentiment increased to 0.91 in 2018 Q3. Its up 0.01, from 0.9 in 2018Q2. It improved, as 65 investors sold IBM shares while 594 reduced holdings. 116 funds opened positions while 481 raised stakes. 492.69 million shares or 0.61% more from 489.70 million shares in 2018Q2 were reported. Gamble Jones Counsel owns 0.3% invested in International Business Machines Corporation (NYSE:IBM) for 21,264 shares. 56,452 are owned by Motco. Aviva Public Limited Com stated it has 445,869 shares or 0.37% of all its holdings. Wellington Shields Mgmt Llc holds 0.42% or 17,238 shares. Barbara Oil holds 0.44% or 5,000 shares. Northstar Investment Advsrs Llc holds 1.96% or 65,208 shares. Oarsman Capital owns 5,810 shares. Amer Assets Invest Management Lc holds 18,000 shares. Teachers Retirement System Of The State Of Kentucky holds 83,381 shares. Rockland Trust invested 0.25% of its portfolio in International Business Machines Corporation (NYSE:IBM). Hikari Pwr Limited reported 144,990 shares stake. Afam Cap holds 1.04% or 49,197 shares. Tarbox Family Office accumulated 2,370 shares. Factory Mutual Insurance has invested 0.16% in International Business Machines Corporation (NYSE:IBM). Tiaa Cref Mngmt Ltd Liability Co stated it has 2.77 million shares or 0.27% of all its holdings.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Benzinga.com which released: “How IBM Watson Plays In The Fintech Space (NYSE:IBM) – Benzinga” on February 08, 2019, also Seekingalpha.com with their article: “Crash Protection Kicks In For IBM – Seeking Alpha” published on November 25, 2018, Benzinga.com published: “International Business Machines Corporation (NYSE:IBM), Procter & Gamble Company (The) (NYSE:PG) – Today’s Pickup: Markets Mixed; Stock Futures Rise; Shutdown Having Big Impact On U.S. – Benzinga” on January 23, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Seekingalpha.com and their article: “IBM: Reasons To Quit – Seeking Alpha” published on January 24, 2019 as well as Finance.Yahoo.com‘s news article titled: “Aetna, Anthem, Health Care Service Corporation, PNC Bank and IBM announce collaboration to establish blockchain-based ecosystem for the healthcare industry – Yahoo Finance” with publication date: January 24, 2019.

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