*Netease.Com Adr (NTES) Stake Held by Baillie Gifford & Company

May 16, 2018 - By Sheila Anderson

In 2017Q4 Securities and Exchange filling is reported Baillie Gifford & Company’s holdings in Netease.Com Adr (NTES) which was increased by 43152.98%. The company’s stock sank 23.21% while Baillie Gifford & Company bought 2.66M shares. The miscellaneous company announced $921.49M value for the 2017Q4. Now the institutional investor is holding 2.67M shares, compared to the 6,174 from the previous quarter. Netease.Com Adr has $35.17 billion market cap. NTES touched $267.77 during the last trading session after $1.42 change.Currently NetEase, Inc. is downtrending after 2.94% change in last May 16, 2017. NTES has 799,731 shares volume. The stock underperformed the S&P500 by 14.49%.

Baillie Gifford & Company operates about $80.43 billion US Long portfolio. It decreased its stake in Seattle Genetics (NASDAQ:SGEN) by 446,686 shares to 14.96 million shares, valued at $800.60M in 2017Q4, according to the filing. Baillie Gifford & Company has cut its stake in Salesforce.Com (NYSE:CRM) and also reduced its holding in Ryanair Adr by 261,068 shares in the quarter, for a total of 6.32M shares.

For more NetEase, Inc. (NASDAQ:NTES) news posted recently go to: Seekingalpha.com, Streetinsider.com, Benzinga.com, Streetinsider.com or Fool.com. The titles are as follows: “NetEase: Great Products In An Attractive Market” posted on April 19, 2018, “Viking Global’s 13F Shows New Stakes in Alibaba (BABA), BioMarin (BMRN) and Western Digital (WDC), Increase in …” on May 15, 2018, “Earnings Scheduled For May 16, 2018” with a publish date: May 16, 2018, “Beiersdorf to cooperate with Chinese e-commerce business Kaola” and the last “Can NetEase Stock Bounce Back on Wednesday?” with publication date: May 15, 2018.

NetEase, Inc. (NASDAQ:NTES) Ratings Coverage

A total of 8 analysts rate NetEase Inc (NASDAQ:NTES) as follows: 4 “Buy”, 2 “Hold” and 2 “Sell”. Тherefore 50% are bullish. (NASDAQ:NTES) has 10 ratings reports on 16 May 2018 according to StockzIntelligence. In Friday, November 17 report Bank of America maintained it with “Buy” rating and $361 target. On Tuesday, January 23 the firm earned “Hold” rating by Jefferies. On Tuesday, April 10 the firm has “Hold” rating given by Jefferies. The company rating was maintained by Jefferies on Monday, December 18. The stock rating was maintained by Barclays Capital with “Hold” on Tuesday, November 21. On Friday, November 17 the stock of NetEase, Inc. (NASDAQ:NTES) has “Buy” rating given by Nomura. In Wednesday, April 25 report CLSA upgraded the stock to “Buy” rating. On Tuesday, February 27 the firm has “Sell” rating given by Bernstein.

NetEase, Inc. (NASDAQ:NTES) Analyst Ratings Chart

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