Calixto Global Investors LP grew its stake in Yandex NV (NASDAQ:YNDX) by 13.7% in the 4th quarter, HoldingsChannel reports. The firm owned 1,323,531 shares of the information services provider’s stock after purchasing an additional 159,720 shares during the period. Yandex makes up about 13.1% of Calixto Global Investors LP’s portfolio, making the stock its 3rd biggest position. Calixto Global Investors LP’s holdings in Yandex were worth $43,346,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also modified their holdings of the company. Cerebellum GP LLC bought a new position in shares of Yandex in the 4th quarter worth about $129,000. Robeco Institutional Asset Management B.V. bought a new position in shares of Yandex in the 4th quarter worth about $147,000. Raymond James Trust N.A. bought a new position in shares of Yandex in the 4th quarter worth about $206,000. Fieldpoint Private Securities LLC bought a new position in shares of Yandex in the 3rd quarter worth about $273,000. Finally, Eaton Vance Management bought a new position in shares of Yandex in the 4th quarter worth about $301,000. Institutional investors own 66.97% of the company’s stock.
Shares of Yandex NV (NASDAQ:YNDX) opened at $43.09 on Friday. The firm has a market cap of $14,040.00, a PE ratio of 93.67, a price-to-earnings-growth ratio of 1.06 and a beta of 2.65. The company has a debt-to-equity ratio of 0.22, a quick ratio of 4.47 and a current ratio of 2.28. Yandex NV has a 12 month low of $21.40 and a 12 month high of $44.49.
Several research analysts recently issued reports on YNDX shares. ValuEngine upgraded shares of Yandex from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. BidaskClub upgraded shares of Yandex from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, February 14th. JPMorgan Chase & Co. restated an “overweight” rating and set a $47.00 price objective on shares of Yandex in a research note on Thursday, February 8th. Bank of America raised their price objective on shares of Yandex from $38.00 to $45.00 and gave the company a “buy” rating in a research note on Monday, November 27th. Finally, TheStreet upgraded shares of Yandex from a “c” rating to a “b+” rating in a research note on Thursday, February 15th. Two research analysts have rated the stock with a sell rating, two have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $38.90.
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Yandex Company Profile
Yandex N.V. is an Internet and technology company, and operates Internet search engine. The Company’s segments include Search and Portal, E-commerce, Taxi, Classifieds and Experimental businesses. The Company’s Search and Portal segment offers a range of services in Russia, Ukraine, Belarus and Kazakhstan, among which are search, location-based, personalized and mobile services, that enable the Company’s users to find relevant and objective information to communicate and connect over the Internet, from both their desktops and mobile devices.
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