Thornburg Investment Management INC Increased Stake in Yandex Nv (YNDX) by $3.19 Million as Shares Declined

Yandex N.V. (NASDAQ:YNDX) Corporate Logo

Based on the latest 2018Q3 regulatory filing with the SEC, Thornburg Investment Management Inc increased its holdings in Yandex Nv (YNDX) by 5.41%. 99,764 shares were bought by Thornburg Investment Management Inc as the company’s stock declined 7.95% with the market. The programming company at the end of 2018Q3 was valued at $63.91 million. It’s up from 1.84 million at the end of the previous reported quarter. Now it had 1.94M shares held by the institutional investor . Yandex Nv has $9.68B MC. YNDX reached $29.83 during the last trading session after $0.06 change.Yandex N.V. has volume of 803,212 shares. Since January 14, 2018 YNDX has declined 15.48% and is downtrending. YNDX underperformed the S&P 500 by 15.48%.

Thornburg Investment Management Inc operates about $94.41B and $11.99 billion US Long portfolio. According to a filing the fund reduced its stake in Nomad Foods Ltd by 324,258 shares to 3.01 million shares, valued at $60.91 million in 2018Q3. Thornburg Investment Management Inc has cut its stake in China Petroleum & Chem (NYSE:SNP) and also reduced its holding in Cl A by 29,601 shares in the quarter, for a total of 132,103 shares.

A couple more Yandex N.V. (NASDAQ:YNDX) news were announced by: Nasdaq.com which released on December 18, 2018 “Yandex to Acquire a Property Site for its New Moscow Headquarters – Nasdaq”, also Nasdaq.com on January 07, 2019 announced “Yandex Demonstrates Self-Driving Car Technologies on the streets of Las Vegas During CES 2019 – Nasdaq”, the next Fool.com is “6 Top International Stocks for Investors to Watch – The Motley Fool” on December 19, 2018. Nasdaq.com has article titled “Yandex (YNDX) Earnings Miss, Revenues Beat Estimates in Q3 – Nasdaq”.

Yandex N.V. (NASDAQ:YNDX) Ratings Coverage

A total of 3 analysts rate Yandex (NASDAQ:YNDX) as follows: 3 “Buy”, 0 “Hold” and 0 “Sell”. Š¢herefore 100% are bullish. (NASDAQ:YNDX) has 5 ratings reports on 14 Jan 2019 according to StockzIntelligence. On Friday, October 5 Bank of America maintained Yandex N.V. (NASDAQ:YNDX) rating. Bank of America has “Buy” rating and $47 target. On Friday, November 2 the stock of Yandex N.V. (NASDAQ:YNDX) has “Buy” rating given by Bank of America. On Tuesday, October 30 the firm earned “Buy” rating by Deutsche Bank. On Tuesday, October 23 Deutsche Bank maintained the shares of YNDX in report with “Buy” rating.

Yandex N.V. (NASDAQ:YNDX) Analyst Ratings Chart

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