OLD National Bancorp IN reduced its position in shares of Yandex N.V. (NASDAQ:YNDX) by 60.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,448 shares of the information services provider’s stock after selling 15,720 shares during the quarter. OLD National Bancorp IN’s holdings in Yandex N.V. were worth $344,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bank of Nova Scotia purchased a new stake in shares of Yandex N.V. during the 2nd quarter worth about $1,658,000. Advisors Asset Management Inc. boosted its stake in shares of Yandex N.V. by 86.7% during the 2nd quarter. Advisors Asset Management Inc. now owns 34,445 shares of the information services provider’s stock worth $904,000 after acquiring an additional 15,999 shares in the last quarter. Hosking Partners LLP boosted its stake in shares of Yandex N.V. by 1.6% during the 2nd quarter. Hosking Partners LLP now owns 383,120 shares of the information services provider’s stock worth $10,053,000 after acquiring an additional 6,165 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Yandex N.V. by 8.0% during the 2nd quarter. Wells Fargo & Company MN now owns 5,387,122 shares of the information services provider’s stock worth $141,359,000 after acquiring an additional 401,041 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Yandex N.V. by 128.3% during the 1st quarter. Vanguard Group Inc. now owns 338,656 shares of the information services provider’s stock worth $7,427,000 after acquiring an additional 190,344 shares in the last quarter. 62.79% of the stock is currently owned by institutional investors and hedge funds.

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Yandex N.V. (NASDAQ:YNDX) last announced its quarterly earnings results on Tuesday, October 24th. The information services provider reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13. Yandex N.V. had a net margin of 7.32% and a return on equity of 14.48%. The company had revenue of $404.00 million for the quarter. During the same period last year, the company earned $11.64 EPS. The firm’s revenue for the quarter was up 21.5% on a year-over-year basis.

YNDX has been the topic of a number of research reports. TheStreet raised shares of Yandex N.V. from a “c-” rating to a “b-” rating in a research note on Friday, July 28th. Zacks Investment Research raised shares of Yandex N.V. from a “hold” rating to a “buy” rating and set a $38.00 price target on the stock in a research note on Thursday, October 5th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and issued a $37.20 price target on shares of Yandex N.V. in a research note on Tuesday, September 5th. VTB Capital raised shares of Yandex N.V. from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research note on Thursday, August 3rd. Finally, HSBC Holdings plc reaffirmed a “buy” rating and issued a $34.60 price target (up from $33.40) on shares of Yandex N.V. in a research note on Friday, July 14th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. Yandex N.V. currently has a consensus rating of “Hold” and a consensus price target of $35.73.

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

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