Amundi Pioneer Asset Management Inc. acquired a new position in Yandex N.V. (NASDAQ:YNDX) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 119,563 shares of the information services provider’s stock, valued at approximately $3,940,000.

Several other hedge funds have also made changes to their positions in YNDX. Vanguard Group Inc. lifted its position in shares of Yandex by 128.3% in the first quarter. Vanguard Group Inc. now owns 338,656 shares of the information services provider’s stock worth $7,427,000 after purchasing an additional 190,344 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Yandex by 17.8% in the first quarter. Geode Capital Management LLC now owns 149,007 shares of the information services provider’s stock worth $3,267,000 after purchasing an additional 22,540 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Yandex by 21.7% in the first quarter. Schwab Charles Investment Management Inc. now owns 47,266 shares of the information services provider’s stock worth $1,037,000 after purchasing an additional 8,420 shares in the last quarter. State Street Corp lifted its position in shares of Yandex by 1.2% in the first quarter. State Street Corp now owns 868,299 shares of the information services provider’s stock worth $19,043,000 after purchasing an additional 10,022 shares in the last quarter. Finally, NGAM Advisors L.P. lifted its position in shares of Yandex by 45.8% in the second quarter. NGAM Advisors L.P. now owns 184,212 shares of the information services provider’s stock worth $4,834,000 after purchasing an additional 57,844 shares in the last quarter. 66.27% of the stock is currently owned by institutional investors and hedge funds.

Several analysts have issued reports on YNDX shares. Goldman Sachs Group reaffirmed a “buy” rating and set a $37.20 price target on shares of Yandex in a research report on Tuesday, September 5th. Zacks Investment Research raised shares of Yandex from a “hold” rating to a “buy” rating and set a $38.00 price target on the stock in a research report on Thursday, October 5th. Deutsche Bank upped their price target on shares of Yandex from $38.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, October 25th. TheStreet lowered shares of Yandex from a “b-” rating to a “c” rating in a research report on Tuesday, October 24th. Finally, VTB Capital lowered shares of Yandex from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $36.89.

Shares of Yandex N.V. (NASDAQ YNDX) opened at $32.53 on Friday. The company has a current ratio of 4.47, a quick ratio of 4.47 and a debt-to-equity ratio of 0.22. Yandex N.V. has a 1 year low of $18.33 and a 1 year high of $35.32. The stock has a market cap of $10,786.41, a price-to-earnings ratio of 56.12, a price-to-earnings-growth ratio of 1.76 and a beta of 2.80.

Yandex (NASDAQ:YNDX) last posted its quarterly earnings results on Tuesday, October 24th. The information services provider reported $0.13 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.13. The firm had revenue of $404.00 million for the quarter. Yandex had a net margin of 7.32% and a return on equity of 14.48%. The business’s revenue was up 21.5% compared to the same quarter last year. During the same period last year, the company posted $11.64 earnings per share. equities analysts anticipate that Yandex N.V. will post 0.57 EPS for the current fiscal year.

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Yandex 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.

Institutional Ownership by Quarter for Yandex (NASDAQ:YNDX)

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