Prince Street Capital Management Has Lowered Baidu (BIDU) Position by $6.29 Million; Cadence Bank Na Has Cut Norfolk Southern (NSC) Position by $360,000; Shares Declined

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Cadence Bank Na decreased its stake in Norfolk Southern Corp (NSC) by 11.02% based on its latest 2018Q3 regulatory filing with the SEC. Cadence Bank Na sold 2,000 shares as the company’s stock declined 13.46% with the market. The institutional investor held 16,147 shares of the railroads company at the end of 2018Q3, valued at $2.92 million, down from 18,147 at the end of the previous reported quarter. Cadence Bank Na who had been investing in Norfolk Southern Corp for a number of months, seems to be less bullish one the $48.37 billion market cap company. The stock increased 0.14% or $0.25 during the last trading session, reaching $180.86. About 854,152 shares traded. Norfolk Southern Corporation (NYSE:NSC) has risen 10.53% since February 13, 2018 and is uptrending. It has outperformed by 10.53% the S&P500. Some Historical NSC News: 05/04/2018 – Railway Track: Norfolk Southern safety train to visit 23 cities in 15 states; 24/05/2018 – Norfolk Southern announces BiTA membership; 23/04/2018 – NORFOLK SOUTHERN OFFERS TO EXCHANGE UP TO $1.5B OF NOTES; 25/04/2018 – Norfolk Southern Tops Views, Increases Buyback Program — Earnings Review; 24/05/2018 – Norfolk Southern Announces Blockchain in Transport Alliance Membership; 09/05/2018 – NORFOLK SOUTHERN ANNOUNCES PARTNERSHIP WITH PLUG AND PLAY; 13/05/2018 – Geo English: NSC expected to meet over Nawaz’s remarks; 21/03/2018 – CFO Earhart Gifts 135 Of Norfolk Southern Corp; 25/04/2018 – NORFOLK SOUTHERN CORP – QTRLY MERCHANDISE REVENUE $1,605 MLN VS $1,584 MLN; 25/04/2018 – NORFOLK SOUTHERN 1Q RAILWAY OPER REV $2.7B, EST. $2.68B

Prince Street Capital Management Llc decreased its stake in Baidu Inc (BIDU) by 38.6% based on its latest 2018Q3 regulatory filing with the SEC. Prince Street Capital Management Llc sold 27,600 shares as the company’s stock declined 16.10% with the market. The institutional investor held 43,900 shares of the technology company at the end of 2018Q3, valued at $10.04 million, down from 71,500 at the end of the previous reported quarter. Prince Street Capital Management Llc who had been investing in Baidu Inc for a number of months, seems to be less bullish one the $60.72B market cap company. The stock increased 2.33% or $3.96 during the last trading session, reaching $174.21. About 1.57 million 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: 29/04/2018 – Baidu: Du Xiaoman Will Raise Approximately $1.9B; 28/04/2018 – BAIDU SAYS FINANCE ARM RAISED $1.9B FROM TPG, OTHERS; 19/03/2018 – China tech IPOs set to eclipse last year’s total as Baidu unit eyes $2.7bn listing; 19/03/2018 – Baidu Waimai Chairman Gong leaves, third high-level departure since Ele.me’s acquisition, sources say; 18/03/2018 – Fitch Rates Baidu’s Proposed Notes at ‘A(EXP)’; 15/03/2018 – MEDIA-Baidu CEO sees self-driving cars in commercial use within 3-5 years – China Daily; 18/03/2018 – Baidu video streaming unit iQiyi launches $2.4 bln U.S. IPO; 29/04/2018 – Baidu Enters Into Definitive Agreements to Divest Its Fincl Services Business; 29/04/2018 – Baidu Expects That Du Xiaoman Will Be Deconsolidated From Baidu’s Consolidated Fincl Statements; 19/03/2018 – Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc , has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content

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. Barclays Capital maintained the shares of BIDU in report on Monday, April 16 with “Equal-Weight” rating. The stock of Baidu, Inc. (NASDAQ:BIDU) has “Market Perform” rating given on Friday, May 11 by Bernstein. As per Monday, July 9, the company rating was upgraded by Credit Suisse. KeyBanc Capital Markets upgraded Baidu, Inc. (NASDAQ:BIDU) on Monday, July 9 to “Overweight” rating. Macquarie Research maintained the stock with “Outperform” rating in Monday, May 2 report. The stock has “Neutral” rating by Macquarie Research on Monday, October 31. On Friday, May 18 the stock rating was downgraded by Credit Suisse to “Neutral”. The stock of Baidu, Inc. (NASDAQ:BIDU) earned “Underperform” rating by Credit Agricole on Tuesday, July 28. The firm earned “Sell” rating on Friday, July 14 by Bernstein. The stock has “Buy” rating by Citigroup on Tuesday, January 22.

More notable recent Baidu, Inc. (NASDAQ:BIDU) news were published by: Nasdaq.com which released: “Notable ETF Inflow Detected – EEM, BABA, BIDU, JD – Nasdaq” on January 18, 2019, also Seekingalpha.com with their article: “Baidu: No Google Threat – Seeking Alpha” published on December 12, 2018, Nasdaq.com published: “Technology Sector Update for 01/18/2019: CASA, BABA, TEAM, BIDU, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” on January 18, 2019. More interesting news about Baidu, Inc. (NASDAQ:BIDU) were released by: Nasdaq.com and their article: “Baidu to Help Deliver Groceries Through Apollo Powered Vans – Nasdaq” published on January 15, 2019 as well as Seekingalpha.com‘s news article titled: “Baidu: Waiting For A Swing – Seeking Alpha” with publication date: September 07, 2018.

Prince Street Capital Management Llc, which manages about $1.36B and $473.23M US Long portfolio, upped its stake in Beigene Ltd by 12,500 shares to 62,800 shares, valued at $10.82 million in 2018Q3, according to the filing. It also increased its holding in Yamana Gold Inc (NYSE:AUY) by 2.36M shares in the quarter, for a total of 3.22 million shares, and has risen its stake in Mercadolibre Inc (NASDAQ:MELI).

More notable recent Norfolk Southern Corporation (NYSE:NSC) news were published by: Benzinga.com which released: “CSX Corporation (NYSE:CSX), Norfolk Souther Corporation (NYSE:NSC) – Coal Exports Face Delays As U.S. East Coast Rail Service Slows For Florence – Benzinga” on September 13, 2018, also Benzinga.com with their article: “CSX Corporation (NYSE:CSX), Norfolk Souther Corporation (NYSE:NSC) – CSX’s intermodal Efficiency Drive Cuts Some Union Pacific Services – Benzinga” published on August 09, 2018, Seekingalpha.com published: “Buy PayPal Up To $98 – Cramer’s Lightning Round (7/10/18) – Seeking Alpha” on July 11, 2018. More interesting news about Norfolk Southern Corporation (NYSE:NSC) were released by: Benzinga.com and their article: “CSX Corporation (NYSE:CSX), Norfolk Souther Corporation (NYSE:NSC) – A Former Counsel Of The Chief Rail U.S Rail Regulator Wonders About Its Future Mission – Benzinga” published on January 14, 2019 as well as Benzinga.com‘s news article titled: “J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), Norfolk Souther Corporation (NYSE:NSC) – Hunt, NSC Intermodal Honchos Dish ELDs, Drivers, Equipment At SMC3 Event – Benzinga” with publication date: January 29, 2019.

Investors sentiment increased to 0.92 in 2018 Q3. Its up 0.12, from 0.8 in 2018Q2. It improved, as 32 investors sold NSC shares while 354 reduced holdings. 111 funds opened positions while 245 raised stakes. 187.99 million shares or 3.43% less from 194.66 million shares in 2018Q2 were reported. Ontario Teachers Pension Plan Board holds 0.01% of its portfolio in Norfolk Southern Corporation (NYSE:NSC) for 3,687 shares. Cadence Capital Mngmt Ltd Co holds 0.11% or 10,979 shares in its portfolio. Sun Life Fincl Inc has invested 0.03% in Norfolk Southern Corporation (NYSE:NSC). The New Hampshire-based Curbstone Fincl Management has invested 0.13% in Norfolk Southern Corporation (NYSE:NSC). Clifford Swan Counsel Ltd Company reported 7,571 shares. Victory Cap Mgmt invested in 110,730 shares or 0.04% of the stock. Mitsubishi Ufj Tru & Corp holds 218,156 shares. Da Davidson & has 16,032 shares for 0.05% of their portfolio. Stewart & Patten Commerce Llc invested 0.23% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). Choate Investment reported 5,837 shares. Moreover, Nbt Fincl Bank N A New York has 0.37% invested in Norfolk Southern Corporation (NYSE:NSC) for 12,605 shares. Wade G W And Inc has 0.06% invested in Norfolk Southern Corporation (NYSE:NSC) for 3,373 shares. Jump Trading Ltd Liability accumulated 1,820 shares or 0.02% of the stock. Schroder Investment Management Group, Maine-based fund reported 610,341 shares. 934 were reported by Polaris Greystone Financial Grp Lc.

Norfolk Southern Corporation (NYSE:NSC) Institutional Positions Chart