Yandex N.V (NASDAQ:YNDX).
Thornburg Investment Management Inc reports that it sold 5,771,381 shares in the previous quarter decreasing its holdings in Yandex N.V by 80.3%. Its position was valued at $46,544,000 a decrease of $141,963,000 as of quarter end.
These firms have modified their investment in YNDX. As of quarter end Raymond James & Associates had bought 19,143 shares growing its stake by 37.9%. The value of the investment in Yandex N.V increased from $1,325,000 to $2,295,000 a change of 73.2% quarter to quarter. As of the end of the quarter Commonwealth Of Pennsylvania Public School Empls Retrmt SYS had disposed of a total of 344,681 shares trimming its position 59.9%. The value in dollars went from $15,099,000 to $7,603,000 a change of $7,496,000 quarter over quarter.
Hosking Partners Llp augmented its stake by buying 1,280 shares an increase of 0.3%. Hosking Partners Llp currently owns 384,400 shares with a value of $12,666,000. The total value of its holdings increased 26.0%.
Equity analyst Deutsche Bank AG raised the price target of the stock on October 25 changing the price objective from $38.00 to $42.00 with a “Buy” recommendation.
On September 5 Goldman Sachs Group, Inc. (The) kept the stock rating at “Buy” with a current price target of $37.20.
The company is so far trading down by 0.16% percent from yesterday’s close. The company’s P/E ratio is 95.94 and the market value is 9.98B. In the last earnings report the EPS was $0.33 with 280.92M shares outstanding.
Short traders are more bullish lately as evidenced by the decrease in short interest. The stock realized a fall in short interest between September 29, 2017 and October 13, 2017 of -9.22%. Short shares decreased 109,137 over that timeframe. With short interest at 1,074,826 and short average daily volume at 1,968,510, days to cover is 1.0 and the percentage of shorted shares was 0.00% on October 13.