Natixis Advisors L.P. Buys 4,037 Shares of Yandex NV (NASDAQ:YNDX)

Natixis Advisors L.P. increased its stake in Yandex NV (NASDAQ:YNDX) by 3.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 124,386 shares of the information services provider’s stock after acquiring an additional 4,037 shares during the period. Natixis Advisors L.P.’s holdings in Yandex were worth $4,727,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Genesis Asset Managers LLP raised its position in Yandex by 1.3% during the 2nd quarter. Genesis Asset Managers LLP now owns 5,801,957 shares of the information services provider’s stock valued at $220,474,000 after purchasing an additional 76,967 shares during the last quarter. William Blair Investment Management LLC raised its position in Yandex by 21.6% during the 2nd quarter. William Blair Investment Management LLC now owns 3,905,329 shares of the information services provider’s stock valued at $148,403,000 after purchasing an additional 692,919 shares during the last quarter. Wells Fargo & Company MN raised its position in Yandex by 0.9% during the 1st quarter. Wells Fargo & Company MN now owns 3,399,443 shares of the information services provider’s stock valued at $116,737,000 after purchasing an additional 29,199 shares during the last quarter. Neuberger Berman Group LLC raised its position in Yandex by 21.8% during the 1st quarter. Neuberger Berman Group LLC now owns 2,912,723 shares of the information services provider’s stock valued at $100,023,000 after purchasing an additional 520,736 shares during the last quarter. Finally, Thornburg Investment Management Inc. raised its position in Yandex by 6.9% during the 1st quarter. Thornburg Investment Management Inc. now owns 2,224,409 shares of the information services provider’s stock valued at $76,386,000 after purchasing an additional 143,406 shares during the last quarter. 72.13% of the stock is owned by institutional investors.

Shares of Yandex stock traded down $0.02 during midday trading on Thursday, hitting $37.64. The company had a trading volume of 24,930 shares, compared to its average volume of 2,302,538. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.03 and a current ratio of 3.03. The stock has a market capitalization of $12.17 billion, a P/E ratio of 39.63 and a beta of 1.98. The company has a 50 day moving average of $37.23 and a 200 day moving average of $37.09. Yandex NV has a 52-week low of $24.90 and a 52-week high of $42.37.



Yandex (NASDAQ:YNDX) last posted its quarterly earnings results on Friday, July 26th. The information services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.10). The company had revenue of $41.40 billion during the quarter, compared to analysts’ expectations of $40.64 billion. Yandex had a return on equity of 12.09% and a net margin of 12.15%. The business’s quarterly revenue was up 41.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $15.11 EPS. Equities research analysts forecast that Yandex NV will post 1.19 EPS for the current year.

YNDX has been the subject of a number of recent analyst reports. Bank of America set a $50.00 price target on Yandex and gave the company a “buy” rating in a research report on Monday, July 15th. VTB Capital raised Yandex from a “hold” rating to a “buy” rating in a research report on Tuesday, June 11th. HSBC set a $45.00 price target on Yandex and gave the company a “buy” rating in a research report on Friday, June 14th. Renaissance Capital raised Yandex from a “hold” rating to a “buy” rating in a research report on Tuesday, June 11th. Finally, BidaskClub lowered Yandex from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 6th. Two equities research analysts have rated the stock with a sell rating and nine have issued a buy rating to the stock. Yandex currently has a consensus rating of “Buy” and a consensus price target of $44.20.

Yandex Profile

Yandex N.V., an Internet and technology company, operates an Internet search engine in Russia and internationally. The company offers search, location-based, personalized, and mobile services that enable users to find information, and communicate and connect over the Internet from desktops and mobile devices.

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Institutional Ownership by Quarter for Yandex (NASDAQ:YNDX)

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