Renaissance Technologies LLC Has $12.16 Million Stake in Sohu.com Limited (NASDAQ:SOHU)

Renaissance Technologies LLC lessened its holdings in shares of Sohu.com Limited (NASDAQ:SOHU - Free Report) by 5.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 922,773 shares of the information services provider's stock after selling 54,500 shares during the period. Renaissance Technologies LLC owned approximately 2.85% of Sohu.com worth $12,162,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SOHU. BNP Paribas Financial Markets grew its stake in shares of Sohu.com by 75.1% in the third quarter. BNP Paribas Financial Markets now owns 5,519 shares of the information services provider's stock worth $87,000 after acquiring an additional 2,367 shares during the last quarter. Vontobel Holding Ltd. acquired a new position in shares of Sohu.com during the fourth quarter valued at about $144,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Sohu.com by 16.1% during the fourth 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 buying an additional 1,899 shares in the last quarter. Sei Investments Co. increased its stake in Sohu.com by 47.6% during 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 period. Finally, Blue Trust Inc. raised its holdings in Sohu.com by 78.7% in the 4th quarter. Blue Trust Inc. now owns 22,745 shares of the information services provider's stock valued at $300,000 after acquiring an additional 10,015 shares in the last quarter. Institutional investors own 33.02% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com lowered Sohu.com from a "buy" rating to a "hold" rating in a research note on Tuesday, April 1st.

Sohu.com Trading Down 0.4 %

NASDAQ:SOHU traded down $0.03 during mid-day trading on Monday, hitting $8.30. The company's stock had a trading volume of 14,621 shares, compared to its average volume of 81,791. The company has a market capitalization of $268.53 million, a price-to-earnings ratio of -2.64 and a beta of 0.87. Sohu.com Limited has a fifty-two week low of $7.79 and a fifty-two week high of $17.24. The stock has a fifty day moving average of $12.65 and a 200-day moving average of $13.19.

Sohu.com (NASDAQ:SOHU - Get Free Report) last announced its quarterly earnings results 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 company had revenue of $134.68 million during the quarter. During the same quarter last year, the company posted ($0.37) earnings per share.

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.