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Yandex (NASDAQ:YNDX)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $72.41 and last traded at $72.32, with a volume of 76816 shares changing hands. The stock had previously closed at $69.75.

A number of research firms recently commented on YNDX. The Goldman Sachs Group began coverage on shares of Yandex in a research report on Thursday, October 29th. They set a “buy” rating for the company. HSBC lowered shares of Yandex from a “buy” rating to a “hold” rating and set a $65.00 price target on the stock. in a research note on Wednesday, December 9th. TheStreet upgraded shares of Yandex from a “c+” rating to a “b” rating in a research note on Wednesday, October 28th. BidaskClub lowered shares of Yandex from a “buy” rating to a “hold” rating in a research note on Tuesday, December 22nd. Finally, Zacks Investment Research upgraded shares of Yandex from a “sell” rating to a “hold” rating and set a $65.00 price target on the stock in a research note on Wednesday, September 16th. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $57.69.

The stock’s fifty day moving average is $67.34 and its 200-day moving average is $60.84. The stock has a market capitalization of $23.67 billion, a PE ratio of 209.71, a P/E/G ratio of 4.05 and a beta of 1.62. The company has a debt-to-equity ratio of 0.26, a current ratio of 6.68 and a quick ratio of 6.68.

Yandex (NASDAQ:YNDX) last announced its quarterly earnings results on Wednesday, October 28th. The information services provider reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.12. Yandex had a net margin of 4.24% and a return on equity of 8.62%. The firm had revenue of $732.10 million for the quarter, compared to the consensus estimate of $810.98 million. On average, analysts forecast that Yandex will post 0.55 EPS for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Altshuler Shaham Ltd raised its stake in Yandex by 54.8% during the 3rd quarter. Altshuler Shaham Ltd now owns 466 shares of the information services provider’s stock worth $30,000 after acquiring an additional 165 shares in the last quarter. Harbor Investment Advisory LLC increased its stake in shares of Yandex by 66.4% during the third quarter. Harbor Investment Advisory LLC now owns 749 shares of the information services provider’s stock worth $49,000 after acquiring an additional 299 shares during the period. Captrust Financial Advisors increased its stake in shares of Yandex by 6.8% during the third quarter. Captrust Financial Advisors now owns 4,718 shares of the information services provider’s stock worth $300,000 after acquiring an additional 299 shares during the period. Baldwin Brothers Inc. MA increased its stake in shares of Yandex by 11.5% during the third quarter. Baldwin Brothers Inc. MA now owns 3,385 shares of the information services provider’s stock worth $220,000 after acquiring an additional 350 shares during the period. Finally, Advisors Asset Management Inc. boosted its holdings in Yandex by 1.6% during the third quarter. Advisors Asset Management Inc. now owns 23,216 shares of the information services provider’s stock worth $1,515,000 after buying an additional 373 shares in the last quarter. 76.52% of the stock is currently owned by hedge funds and other institutional investors.

Yandex Company Profile (NASDAQ:YNDX)

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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