Sohu.com Limited (NASDAQ:SOHU) Holdings Increased by E Fund Management Hong Kong Co. Ltd.

E Fund Management Hong Kong Co. Ltd. increased its stake in Sohu.com Limited (NASDAQ:SOHU) by 129.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,559 shares of the information services provider’s stock after acquiring an additional 25,721 shares during the period. Sohu.com makes up approximately 0.5% of E Fund Management Hong Kong Co. Ltd.’s investment portfolio, making the stock its 19th biggest position. E Fund Management Hong Kong Co. Ltd.’s holdings in Sohu.com were worth $600,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. FMR LLC acquired a new stake in Sohu.com in the 3rd quarter valued at about $3,774,000. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Sohu.com by 166.7% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 184,642 shares of the information services provider’s stock valued at $2,908,000 after purchasing an additional 115,407 shares during the last quarter. Bank of Montreal Can acquired a new stake in Sohu.com during the third quarter valued at approximately $2,357,000. Public Employees Retirement System of Ohio bought a new stake in Sohu.com during the third quarter worth approximately $1,350,000. Finally, State Street Corp grew its position in Sohu.com by 17.9% in the third quarter. State Street Corp now owns 44,206 shares of the information services provider’s stock worth $696,000 after buying an additional 6,715 shares during the last quarter. Institutional investors and hedge funds own 33.02% of the company’s stock.

Sohu.com Price Performance

Shares of SOHU opened at $12.84 on Monday. The business’s 50-day moving average price is $13.00 and its 200 day moving average price is $14.23. Sohu.com Limited has a 1-year low of $8.79 and a 1-year high of $17.24.

Sohu.com (NASDAQ:SOHU) last released its earnings results on Tuesday, November 12th. The information services provider reported ($0.39) earnings per share for the quarter. The firm had revenue of $151.99 million during the quarter. Sohu.com had a negative return on equity of 7.67% and a negative net margin of 15.14%.

Analyst Ratings Changes

Separately, StockNews.com raised Sohu.com from a “hold” rating to a “buy” rating in a research note on Wednesday, November 13th.

About Sohu.com

Sohu.com Limited engages in the provision of online media, video, and game products and services on personal computers (PCs) and mobile devices in China. It operates through two segments: Sohu and Changyou. The company offers online news, information, and content services through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video content and services through mobile phone application Sohu Video APP and tv.sohu.com, as well as ifox, a video application for PC.