Sohu.com (NASDAQ:SOHU - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Wednesday.
Sohu.com Stock Down 1.6%
Shares of NASDAQ SOHU traded down $0.16 during midday trading on Wednesday, reaching $10.08. The company had a trading volume of 79,095 shares, compared to its average volume of 91,000. Sohu.com has a one year low of $7.79 and a one year high of $17.24. The firm's fifty day moving average price is $10.47 and its 200-day moving average price is $12.33. The stock has a market cap of $303.06 million, a PE ratio of -3.22 and a beta of 0.70.
Sohu.com (NASDAQ:SOHU - Get Free Report) last released its earnings results on Monday, May 19th. The information services provider reported ($0.55) earnings per share 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 $135.65 million during the quarter.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings 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 valued at $181,000 after purchasing an additional 1,899 shares during the period. Russell Investments Group Ltd. increased its holdings in Sohu.com by 8.5% during the 1st quarter. Russell Investments Group Ltd. now owns 38,069 shares of the information services provider's stock valued at $506,000 after purchasing an additional 2,993 shares during the period. Sei Investments Co. increased its holdings in Sohu.com by 47.6% during the 4th quarter. Sei Investments Co. now owns 17,354 shares of the information services provider's stock valued at $229,000 after purchasing an additional 5,600 shares during the period. Vident Advisory LLC increased its holdings in Sohu.com by 15.6% during the 1st quarter. Vident Advisory LLC now owns 47,498 shares of the information services provider's stock valued at $626,000 after purchasing an additional 6,398 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in Sohu.com by 21.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 51,197 shares of the information services provider's stock valued at $674,000 after purchasing an additional 9,168 shares during the period. Hedge funds and other institutional investors own 33.02% of the company's stock.
About Sohu.com
(
Get Free Report)
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.
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