Five ADRs To Buy Now

Hedge fund interest in Shire PLC (ADR) (NASDAQ:SHPG) has cooled down a bit during the previous quarter, as the total number of long positions fell to 40 at the end of 2015 from 43 at the end of September. Still, hedge funds have a significant presence, as together they control 25% of the company’s outstanding shares. Billionaire John Paulson is betting big on Shire PLC (ADR) (NASDAQ:SHPG), having invested roughly 8% of Paulson & Co’s equity portfolio in this stock. According to its latest 13F filing, Paulson holds 6.84 million shares valued at more than $1.4 billion. The stock is currently trading at a trailing Price-to-Earnings (P/E) ratio of 25 and is paying an annual dividend of $0.79 per share, which offers a yield of 0.5%. Having ended 2015 down by 2.6%, the stock continued its slide into 2016 and is currently down by roughly 20% for the year.

The status of NetEase Inc (ADR) (NASDAQ:NTES) has remained roughly the same over the past quarter, with the number of hedge funds invested in the stock having inched down to 25, whereas at the end of the third quarter 26 of them owned a position. William B. Gray’s Orbis Investment Management held the largest stake in NetEase Inc (ADR) (NASDAQ:NTES) among the hedge funds followed by Insider Monkey, having reported ownership of 10.2 million shares worth $1.85 billion in its latest 13F filing. Rob Citrone’s Discovery Capital Management decided to reduce its exposure to this stock, having dumped nearly half of its position over the quarter and reportedly holds 1.11 million shares valued at $201 million. NetEase Inc (ADR) (NASDAQ:NTES) has a market cap of $19.5 billion and pays an annual dividend of $2.03 per share, providing investors with a yield of 1.4%. The stock is currently trading at a trailing P/E ratio of 19, significantly lower than the industry average of 333.6, according to Yahoo Finance.

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