Fifth Third Bancorp reduced its holdings in Yandex (NASDAQ:YNDX) by 0.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 48,171 shares of the information services provider’s stock after selling 211 shares during the period. Fifth Third Bancorp’s holdings in Yandex were worth $3,143,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in YNDX. Morgan Stanley lifted its holdings in Yandex by 15.7% in the first quarter. Morgan Stanley now owns 5,077,855 shares of the information services provider’s stock valued at $172,900,000 after buying an additional 687,536 shares during the period. State Street Corp lifted its holdings in Yandex by 6.2% in the first quarter. State Street Corp now owns 471,203 shares of the information services provider’s stock valued at $16,044,000 after buying an additional 27,375 shares during the period. Vident Investment Advisory LLC acquired a new position in Yandex in the second quarter valued at approximately $237,000. Calamos Advisors LLC lifted its holdings in Yandex by 43.1% in the second quarter. Calamos Advisors LLC now owns 35,000 shares of the information services provider’s stock valued at $1,751,000 after buying an additional 10,535 shares during the period. Finally, Pitcairn Co. acquired a new position in Yandex in the second quarter valued at approximately $316,000. Institutional investors and hedge funds own 76.52% of the company’s stock.
Shares of YNDX stock opened at $61.94 on Friday. The firm has a fifty day moving average of $60.56 and a 200-day moving average of $54.71. The company has a quick ratio of 6.68, a current ratio of 6.68 and a debt-to-equity ratio of 0.26. Yandex has a 12-month low of $27.93 and a 12-month high of $70.11. The company has a market capitalization of $20.11 billion, a price-to-earnings ratio of 182.18, a P/E/G ratio of 4.05 and a beta of 1.62.
Yandex N.V., an Internet and technology company, provides 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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