Sohu.com Limited (NASDAQ:SOHU) Shares Sold by Millennium Management LLC

Millennium Management LLC reduced its position in shares of Sohu.com Limited (NASDAQ:SOHU - Free Report) by 84.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,621 shares of the information services provider's stock after selling 239,781 shares during the period. Millennium Management LLC owned about 0.14% of Sohu.com worth $588,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vontobel Holding Ltd. acquired a new stake in Sohu.com during the fourth quarter worth approximately $144,000. E Fund Management Co. Ltd. grew its position in shares of Sohu.com by 129.7% in the 4th quarter. E Fund Management Co. Ltd. now owns 45,559 shares of the information services provider's stock valued at $600,000 after buying an additional 25,721 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Sohu.com by 63.2% in the 4th 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 buying an additional 116,746 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Sohu.com by 16.1% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,700 shares of the information services provider's stock worth $181,000 after acquiring an additional 1,899 shares in the last quarter. Finally, Sei Investments Co. lifted its position in Sohu.com by 47.6% in the fourth quarter. Sei Investments Co. now owns 17,354 shares of the information services provider's stock valued at $229,000 after acquiring an additional 5,600 shares during the last quarter. Institutional investors and hedge funds own 33.02% of the company's stock.

Sohu.com Stock Down 0.2%

NASDAQ:SOHU traded down $0.02 during mid-day trading on Thursday, reaching $10.42. 72,860 shares of the stock were exchanged, compared to its average volume of 91,480. The stock has a market capitalization of $313.28 million, a P/E ratio of -3.33 and a beta of 0.71. Sohu.com Limited has a 1 year low of $7.79 and a 1 year high of $17.24. The company has a 50 day simple moving average of $10.06 and a 200-day simple moving average of $12.22.

Sohu.com (NASDAQ:SOHU - Get Free Report) last announced its earnings results on Monday, May 19th. The information services provider reported ($0.55) earnings per share (EPS) for the quarter. The business had revenue of $135.65 million for the quarter. Sohu.com had a negative return on equity of 8.49% and a negative net margin of 16.76%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised Sohu.com from a "sell" rating to a "hold" rating in a report on Wednesday, May 28th.

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.