StockNews.com Downgrades Sohu.com (NASDAQ:SOHU) to Hold

StockNews.com downgraded shares of Sohu.com (NASDAQ:SOHU) from a buy rating to a hold rating in a report issued on Wednesday.

Sohu.com Stock Performance

Shares of SOHU opened at $14.74 on Wednesday. The stock has a 50-day simple moving average of $13.19 and a 200-day simple moving average of $14.10. Sohu.com has a 1 year low of $8.79 and a 1 year high of $17.24. The stock has a market capitalization of $476.88 million, a PE ratio of -5.25 and a beta of 1.13.

Sohu.com (NASDAQ:SOHU) last issued its quarterly earnings results on Tuesday, February 18th. The information services provider reported ($0.50) earnings per share (EPS) for the quarter. Sohu.com had a negative return on equity of 7.67% and a negative net margin of 15.14%. The firm had revenue of $134.68 million during the quarter. During the same period in the prior year, the company earned ($0.37) EPS.

Institutional Trading of Sohu.com

A number of institutional investors have recently bought and sold shares of SOHU. BNP Paribas Financial Markets raised its position in shares of Sohu.com by 75.1% during the 3rd 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 in the last quarter. Seldon Capital LP purchased a new position in Sohu.com in the fourth quarter valued at approximately $132,000. Two Sigma Advisers LP purchased a new stake in shares of Sohu.com during the 4th quarter worth approximately $134,000. Vontobel Holding Ltd. acquired a new position in shares of Sohu.com in the 4th quarter valued at $144,000. Finally, Man Group plc purchased a new position in shares of Sohu.com in the 4th quarter valued at $166,000. 33.02% of the stock is owned by hedge funds and other institutional investors.

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.