Sohu.com (NASDAQ:SOHU) Downgraded to “Hold” Rating by StockNews.com

StockNews.com downgraded shares of Sohu.com (NASDAQ:SOHU) from a buy rating to a hold rating in a research report report published on Wednesday.

Sohu.com Stock Performance

SOHU stock opened at $14.74 on Wednesday. The firm has a market cap of $476.88 million, a PE ratio of -5.25 and a beta of 1.13. Sohu.com has a one year low of $8.79 and a one year high of $17.24. The firm’s 50 day moving average price is $13.19 and its 200-day moving average price is $14.10.

Sohu.com (NASDAQ:SOHU) last announced its quarterly earnings results on Tuesday, February 18th. The information services provider reported ($0.50) EPS for the quarter. The business had revenue of $134.68 million during the quarter. Sohu.com had a negative net margin of 15.14% and a negative return on equity of 7.67%. During the same quarter in the previous year, the business posted ($0.37) earnings per share.

Institutional Trading of Sohu.com

Several institutional investors have recently added to or reduced their stakes in SOHU. MASO CAPITAL PARTNERS Ltd boosted its position in shares of Sohu.com by 2.1% during the fourth quarter. MASO CAPITAL PARTNERS Ltd now owns 906,256 shares of the information services provider’s stock worth $11,944,000 after buying an additional 18,474 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Sohu.com by 63.2% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 301,388 shares of the information services provider’s stock worth $3,972,000 after acquiring an additional 116,746 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Sohu.com by 36.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 267,044 shares of the information services provider’s stock valued at $3,520,000 after acquiring an additional 71,259 shares in the last quarter. FMR LLC purchased a new stake in Sohu.com during the third quarter worth about $3,774,000. Finally, D. E. Shaw & Co. Inc. lifted its position in shares of Sohu.com by 11.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 159,628 shares of the information services provider’s stock worth $2,104,000 after purchasing an additional 16,449 shares in the last quarter. Institutional investors and hedge funds own 33.02% of the company’s stock.

Sohu.com Company Profile

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.