Sohu.com (NASDAQ:SOHU) Stock Rating Lowered by StockNews.com

Sohu.com (NASDAQ:SOHU) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

Sohu.com Trading Up 8.9 %

Sohu.com stock traded up $1.20 during trading hours on Wednesday, reaching $14.74. 86,566 shares of the company were exchanged, compared to its average volume of 52,665. The firm has a market cap of $476.84 million, a price-to-earnings ratio of -5.25 and a beta of 1.13. The stock has a 50-day moving average of $13.19 and a 200 day moving average of $14.10. Sohu.com has a 12 month low of $8.79 and a 12 month high of $17.24.

Sohu.com (NASDAQ:SOHU) last issued 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 for the quarter. Sohu.com had a negative return on equity of 7.67% and a negative net margin of 15.14%. During the same period in the previous year, the business posted ($0.37) EPS.

Institutional Trading of Sohu.com

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