Indus Capital Partners Upped Its Baidu (BIDU) Position; Del Taco Restaurants, Inc. (TACO) Had 1 Bullish Analysts

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Indus Capital Partners Llc increased Baidu Inc (BIDU) stake by 15.47% reported in 2018Q2 SEC filing. Indus Capital Partners Llc acquired 7,412 shares as Baidu Inc (BIDU)’s stock declined 19.00%. The Indus Capital Partners Llc holds 55,313 shares with $13.44 million value, up from 47,901 last quarter. Baidu Inc now has $62.59 billion valuation. The stock decreased 0.63% or $1.14 during the last trading session, reaching $179.56. About 2.85 million shares traded. Baidu, Inc. (NASDAQ:BIDU) has declined 7.96% since December 8, 2017 and is downtrending. It has underperformed by 23.58% the S&P500. Some Historical BIDU News: 18/05/2018 – ADRs End Lower; Baidu Trades Actively; 27/04/2018 – The News Is Good for Baidu — Heard on the Street; 28/04/2018 – TPG, Carlyle Lead Over $1.9 Billion Round in Baidu’s Finance Arm; 26/04/2018 – BAIDU INC – COMPANY IS PLANNING TO DISPOSE OF A MAJORITY EQUITY STAKE IN BAIDU’S FINANCIAL SERVICE BUSINESS; 26/04/2018 – BAIDU 1Q REV. $3.33B, EST. $3.20B; 21/03/2018 – Comment: The price of Chinese companies returning to mainland listings; 18/05/2018 – Baidu: Qi Lu Will No Longer Serve as Chief Operating Officer of the Co Starting in July 2018; 21/05/2018 – BAIDU INC – ENTERED INTO DEFINITIVE AGREEMENTS WITH CERTAIN INVESTORS RELATING TO DIVESTITURE OF ITS GLOBAL AD AND TOOLS BUSINESS; 29/03/2018 – IQiyi, Baidu’s Netflix of China, Set to Raise $2.25 Billion in U.S. Offering; 10/04/2018 – Fitch Rates Baidu’s USD Notes Final ‘A’

Among 3 analysts covering Del Taco Restaurants (NASDAQ:TACO), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Del Taco Restaurants had 4 analyst reports since June 21, 2018 according to SRatingsIntel. BTIG Research downgraded the shares of TACO in report on Wednesday, October 17 to “Neutral” rating. The rating was maintained by Citigroup on Thursday, June 21 with “Buy”. The stock has “Neutral” rating by PiperJaffray on Friday, July 27. Citigroup maintained it with “Buy” rating and $13 target in Monday, October 22 report. See Del Taco Restaurants, Inc. (NASDAQ:TACO) latest ratings:

22/10/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $16 New Target: $13 Maintain
17/10/2018 Broker: BTIG Research Old Rating: Buy New Rating: Neutral New Target: $14 Downgrade
27/07/2018 Broker: PiperJaffray Old Rating: Neutral New Rating: Neutral Old Target: $12 New Target: $14 Maintain
21/06/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $13 New Target: $16 Maintain

More notable recent Del Taco Restaurants, Inc. (NASDAQ:TACO) news were published by: Nasdaq.com which released: “Yum Brands sees 2-3 pct same-store sales growth in 2019 – Nasdaq” on December 05, 2018, also Nasdaq.com with their article: “Here’s Why YUM! Brands May Look Appetizing to Investors Now – Nasdaq” published on November 13, 2018, Nasdaq.com published: “El Pollo Loco Unwraps a Holiday Tradition with New Handmade Chicken Tamales – Nasdaq” on November 19, 2018. More interesting news about Del Taco Restaurants, Inc. (NASDAQ:TACO) were released by: Restaurantnews.com and their article: “The Delicious Gift That Keeps on Giving: Del Taco Holiday Gift Cards – RestaurantNews.com” published on November 12, 2018 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: ABB, AGCO, AT&T, Broadcom, Caterpillar, Costco, First Solar, Lululemon, Roku, Verizon, Xilinx and More – 24/7 Wall St.” with publication date: December 03, 2018.

Del Taco Restaurants, Inc. develops, franchises, owns, and operates Del Taco quick-service Mexican-American restaurants in the United States. The company has market cap of $400.68 million. The companyÂ’s restaurants offer Mexican inspired and American classic dishes. It has a 8.61 P/E ratio. As of July 27, 2017, it operated 550 restaurants in 15 states.

The stock decreased 1.85% or $0.2 during the last trading session, reaching $10.61. About 165,530 shares traded. Del Taco Restaurants, Inc. (NASDAQ:TACO) has declined 13.00% since December 8, 2017 and is downtrending. It has underperformed by 28.62% the S&P500. Some Historical TACO News: 21/04/2018 – DJ Del Taco Restaurants Inc, Inst Holders, 1Q 2018 (TACO); 04/05/2018 – For Del Taco, folks that come to its restaurants in the middle of the night aren’t looking for Dollar Menu deals or small portions; 03/05/2018 – DEL TACO RESTAURANTS INC QTRLY COMPANY-OPERATED COMPARABLE RESTAURANT SALES GROWTH OF 2.6%; 28/03/2018 – Del Taco Serves Up Growth Opportunities at Upcoming Multi-Unit Franchising Conference; 03/05/2018 – DEL TACO RESTAURANTS INC – COMPANY ALSO REAFFIRMED GUIDANCE FOR FISCAL YEAR 2018; 14/03/2018 – DEL TACO RESTAURANTS INC SEES FISCAL YEAR 2018 TOTAL COMPANY-OPERATED RESTAURANT SALES BETWEEN $473 MLN AND $483 MLN; 03/05/2018 – DEL TACO RESTAURANTS INC QTRLY SYSTEM-WIDE COMPARABLE RESTAURANT SALES GROWTH OF 3.7%; 22/03/2018 – Analysis: Positioning to Benefit within Del Taco Restaurants, Myers Industries, Hawkins, Ares Commercial Real Estate, Powell In; 14/03/2018 – DEL TACO RESTAURANTS INC SEES FISCAL YEAR 2018 RESTAURANT CONTRIBUTION MARGIN BETWEEN 19.3% AND 19.8%; 14/03/2018 – Del Taco Restaurants 4Q Net $35.2M

More notable recent Baidu, Inc. (NASDAQ:BIDU) news were published by: Nasdaq.com which released: “Baidu (BIDU) Announces Notes Offering Worth $250 Million – Nasdaq” on December 05, 2018, also Seekingalpha.com with their article: “China’s Baidu Searches For Bond Buyers Amid Market Upheaval – Seeking Alpha” published on December 08, 2018, Fool.com published: “Better Buy: Baidu vs. Alphabet – The Motley Fool” on December 07, 2018. More interesting news about Baidu, Inc. (NASDAQ:BIDU) were released by: Nasdaq.com and their article: “Analysts Expect PNQI To Hit $141 – Nasdaq” published on December 06, 2018 as well as Fool.com‘s news article titled: “Forget Sogou, Baidu Is a Better Chinese Tech Stock – Motley Fool” with publication date: November 12, 2018.

Among 5 analysts covering Baidu (NASDAQ:BIDU), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Baidu had 5 analyst reports since July 9, 2018 according to SRatingsIntel. The rating was maintained by Nomura on Thursday, November 1 with “Neutral”. The stock has “Equal-Weight” rating by Barclays Capital on Thursday, November 1. The stock of Baidu, Inc. (NASDAQ:BIDU) earned “Overweight” rating by KeyBanc Capital Markets on Monday, July 9. Deutsche Bank maintained the shares of BIDU in report on Monday, October 29 with “Buy” rating. The stock of Baidu, Inc. (NASDAQ:BIDU) has “Outperform” rating given on Monday, July 9 by Credit Suisse.

Indus Capital Partners Llc decreased Alcoa Corp stake by 651,735 shares to 306,450 valued at $14.37 million in 2018Q2. It also reduced Gridsum Hldg Inc stake by 148,396 shares and now owns 130,927 shares. Stars Group Inc was reduced too.

Del Taco Restaurants, Inc. (NASDAQ:TACO) Ratings Chart

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