Economy

NetEase, Inc. (NASDAQ:NTES) Lowered to Hold at BidaskClub

NetEase, Inc. (NASDAQ:NTES) Lowered to Hold at BidaskClub

Cim LLC now owns 3,601 shares of the technology company's stock valued at $1,023,000 after buying an additional 79 shares in the last quarter.

A number of other large investors also recently modified their holdings of the stock. NetEase, Inc. has a one year low of $197.00 and a one year high of $337.55. About 946,913 shares traded or 38.64% up from the average.

Cornercap Investment Counsel Inc increased its stake in Apple Inc Com (AAPL) by 369.82% based on its latest 2016Q4 regulatory filing with the SEC. Gulf International Bank UK Ltd now owns 19,000 shares of the technology company's stock worth $5,396,000 after buying an additional 400 shares in the last quarter. The firm has a market cap of $40.97 billion, a PE ratio of 21.26 and a beta of 0.92. The stock decreased 2.18% or $2.1 on July 21, reaching $94.33. About 322,537 shares traded.

News coverage about NetEase (NASDAQ:NTES) has trended somewhat positive this week, Accern Sentiment Analysis reports. It has outperformed by 45.78% the S&P500. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company's stock. Therefore 71% are positive. NetEase had 27 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has "Sell" rating by Standpoint Research given on Wednesday, June 7. Macquarie Research maintained NetEase Inc (ADR) (NASDAQ:NTES) rating on Wednesday, September 28. Bernstein initiated it with "Underperform" rating and $200 target in Wednesday, January 11 report. On Monday, November 28 the stock rating was upgraded by Jefferies to "Buy". The stock has "Buy" rating by Jefferies on Monday, July 17.

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WARNING: "NetEase, Inc. (NTES) Stake Maintained by Gulf International Bank UK Ltd" was posted by Stock Observer and is owned by of Stock Observer. The stock of Brown-Forman Corporation (NYSE:BF.B) has "Outperform" rating given on Friday, September 16 by Credit Suisse.

BidaskClub lowered shares of NetEase, Inc. The rating was initiated by Credit Suisse with "Neutral" on Friday, August 19. Stifel Nicolaus maintained the stock with "Hold" rating in Wednesday, March 8 report. It also upped National Fuel Gas Co Nj (NYSE:NFG) stake by 14,507 shares and now owns 26,407 shares. Its up 0.24, from 0.8 in 2016Q3. Russell Investments Group, Ltd. reduced its holdings by selling 25,512 shares a decrease of 59.8% as of 06/30/2017. Stoneridge Invest Partners Llc owns 198,999 shares for 3.14% of their portfolio. Nomura Asset Management Ltd has invested 0.01% of its portfolio in Polaris Industries Inc. With 1.44 million avg volume, 1 days are for Netease Ads (NASDAQ:NTES)'s short sellers to cover NTES's short positions. Art Advsr Limited holds 0.01% or 2,913 shares in its portfolio. Weaver C Barksdale & Assocs has invested 0.04% in Polaris Industries Inc. (NASDAQ:AAPL). 8,882 are owned by Kcg Holdg Incorporated. (NYSE:PII). Fifth Third Savings Bank has invested 0.02% in Polaris Industries Inc. (NASDAQ:AAPL) for 215,996 shares. (NASDAQ:AAPL) for 3,944 shares. State Street Corp has 1.22 million shares for 0.01% of their portfolio. (NASDAQ:AAPL) news were published by: Fool.com which released: "Here's Why This Apple Inc". The value of the total investment in NetEase, Inc.

Fox Run Management L.L.C. reduced its stake in shares of NetEase, Inc.

Among 46 analysts covering Apple Inc. Therefore 67% are positive. Tech Data Corp had 10 analyst reports since August 18, 2015 according to SRatingsIntel. OTR Global downgraded the stock to "Negative" rating in Thursday, January 19 report. The firm has "Buy" rating given on Tuesday, September 20 by Stifel Nicolaus. The rating was downgraded by Standpoint Research on Friday, October 16 to "Hold". The stock of Apple Inc. (NASDAQ:NTES) opened at 307.20 on Monday. The firm has "Outperform" rating given on Wednesday, February 1 by RBC Capital Markets. The firm earned "Overweight" rating on Thursday, February 25 by JP Morgan. The company was initiated on Monday, July 18 by Brean Capital.


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