Sohu.com Limited (NASDAQ:SOHU) Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System lowered its position in Sohu.com Limited (NASDAQ:SOHU) by 8.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,363 shares of the information services provider’s stock after selling 2,993 shares during the period. California Public Employees Retirement System’s holdings in Sohu.com were worth $453,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets raised its holdings in Sohu.com by 75.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,519 shares of the information services provider’s stock worth $87,000 after purchasing an additional 2,367 shares during the period. Vontobel Holding Ltd. purchased a new position in shares of Sohu.com during the 4th quarter valued at approximately $144,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Sohu.com by 16.1% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,700 shares of the information services provider’s stock valued at $181,000 after acquiring an additional 1,899 shares during the period. Sei Investments Co. increased its holdings in Sohu.com by 47.6% in the 4th quarter. Sei Investments Co. now owns 17,354 shares of the information services provider’s stock worth $229,000 after acquiring an additional 5,600 shares in the last quarter. Finally, Blue Trust Inc. raised its position in Sohu.com by 78.7% during the fourth quarter. Blue Trust Inc. now owns 22,745 shares of the information services provider’s stock worth $300,000 after acquiring an additional 10,015 shares during the period. 33.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Sohu.com from a “buy” rating to a “hold” rating in a research report on Tuesday, April 1st.

Sohu.com Trading Down 4.0 %

NASDAQ:SOHU opened at $10.45 on Wednesday. The stock has a 50 day moving average of $13.48 and a two-hundred day moving average of $13.64. Sohu.com Limited has a 12 month low of $10.35 and a 12 month high of $17.24. The firm has a market cap of $338.09 million, a P/E ratio of -3.34 and a beta of 0.87.

Sohu.com (NASDAQ:SOHU) last posted its quarterly earnings data on Tuesday, February 18th. The information services provider reported ($0.50) EPS for the quarter. Sohu.com had a negative net margin of 16.76% and a negative return on equity of 8.49%. The firm had revenue of $134.68 million during the quarter. During the same period in the prior year, the company posted ($0.37) earnings per share.

Sohu.com 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.