Zurcher Kantonalbank Zurich Cantonalbank strengthens its stock position in Yandex (NASDAQ:YNDX)
Zurcher Kantonalbank Zurich Cantonalbank has increased its equity stake in Yandex (NASDAQ:YNDX – Get a rating) by 7.4% in the 1st quarter, Holdings Channel.com reports. The company held 112,242 shares of the information services provider after purchasing an additional 7,721 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Yandex were worth $1,698,000 when it last filed with the SEC.
A number of other hedge funds also bought and sold shares of the company. Schroder Investment Management Group increased its holdings in Yandex by 96.5% during the 4th quarter. Schroder Investment Management Group now owns 8,086,299 shares of the information services provider worth $489,221,000 after buying an additional 3,970,234 shares in the last quarter. Fisher Asset Management LLC increased its position in Yandex shares by 0.7% in Q4. Fisher Asset Management LLC now owns 4,772,086 shares of the information services provider worth $288,711,000 after acquiring 34,651 additional shares last quarter. William Blair Investment Management LLC increased its position in Yandex shares by 2.2% in the fourth quarter. William Blair Investment Management LLC now owns 4,315,408 shares of the information services provider worth $261,082,000 after acquiring 91,379 additional shares last quarter. State Street Corp increased its position in Yandex shares by 0.8% in the fourth quarter. State Street Corp now owns 3,270,645 shares of the information services provider worth $197,874,000 after acquiring an additional 26,842 shares last quarter. Finally, Norges Bank acquired a new stock position in Yandex in Q4 worth approximately $180,043,000. Institutional investors hold 66.79% of the company’s shares.
Shares of YNDX opened at $18.94 on Friday. The company has a market capitalization of $6.71 billion, a price-earnings ratio of -20.81 and a beta of 1.33. The stock has a 50-day moving average of $18.94 and a 200-day moving average of $29.19. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt ratio of 0.06. Yandex has a 52-week low of $14.11 and a 52-week high of $87.11.
yandex (NASDAQ:YNDX – Get a rating) last reported results on Wednesday, April 27. The information services provider reported ($0.26) EPS for the quarter. The company had revenue of $1.26 billion in the quarter. Yandex recorded a negative return on equity of 1.26% and a negative net margin of 6.46%.
Yandex profile (Get a rating)
Yandex NV, a technology company, creates smart products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The Company operates through Search and Portal, Taxi, Yandex.Market, Media Services, Classifieds and Other Business Units and Initiatives segments.
Get news and reviews for Yandex Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for Yandex and related companies with MarketBeat.com’s FREE daily newsletter.