Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Sohu.com Limited (NASDAQ:SOHU – Free Report) by 16.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,700 shares of the information services provider’s stock after purchasing an additional 1,899 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Sohu.com were worth $181,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. BNP Paribas Financial Markets increased its stake in shares of 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 valued at $87,000 after acquiring an additional 2,367 shares during the last quarter. Vontobel Holding Ltd. acquired a new position in Sohu.com during the fourth quarter valued at approximately $144,000. Blue Trust Inc. increased its stake in Sohu.com by 78.7% in the fourth quarter. Blue Trust Inc. now owns 22,745 shares of the information services provider’s stock valued at $300,000 after purchasing an additional 10,015 shares in the last quarter. E Fund Management Co. Ltd. raised its holdings in Sohu.com by 129.7% in the fourth quarter. E Fund Management Co. Ltd. now owns 45,559 shares of the information services provider’s stock worth $600,000 after purchasing an additional 25,721 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. boosted its position in shares of Sohu.com by 129.7% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 45,559 shares of the information services provider’s stock worth $600,000 after purchasing an additional 25,721 shares in the last quarter. Institutional investors own 33.02% of the company’s stock.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of Sohu.com from a “hold” rating to a “buy” rating in a research report on Monday.
Sohu.com Price Performance
NASDAQ SOHU opened at $13.59 on Friday. The stock’s 50-day moving average is $13.63 and its 200-day moving average is $13.84. Sohu.com Limited has a one year low of $10.39 and a one year high of $17.24. The firm has a market cap of $439.68 million, a P/E ratio of -4.34 and a beta of 1.12.
Sohu.com (NASDAQ:SOHU – Get Free Report) last announced its earnings results on Tuesday, February 18th. The information services provider reported ($0.50) EPS for the quarter. The company had revenue of $134.68 million for the quarter. Sohu.com had a negative return on equity of 8.49% and a negative net margin of 16.76%. During the same quarter in the prior year, the business earned ($0.37) EPS.
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.
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