Sohu.com (NASDAQ:SOHU) Stock Rating Lowered by StockNews.com

Sohu.com (NASDAQ:SOHU) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

Sohu.com Price Performance

NASDAQ:SOHU opened at $14.38 on Wednesday. The firm has a 50-day moving average of $13.20 and a two-hundred day moving average of $14.10. The stock has a market cap of $465.19 million, a P/E ratio of -4.59 and a beta of 1.13. Sohu.com has a 1-year low of $8.79 and a 1-year high of $17.24.

Sohu.com (NASDAQ:SOHU) last issued its quarterly earnings results on Tuesday, February 18th. The information services provider reported ($0.50) EPS for the quarter. Sohu.com had a negative return on equity of 8.33% and a negative net margin of 16.76%. The company had revenue of $134.68 million for the quarter. During the same quarter last year, the firm earned ($0.37) earnings per share.

Hedge Funds Weigh In On Sohu.com

A number of large investors have recently bought and sold shares of SOHU. FMR LLC bought a new position in Sohu.com in the third quarter worth about $3,774,000. Bank of Montreal Can bought a new position in Sohu.com in the third quarter worth about $2,357,000. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Sohu.com by 63.2% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 301,388 shares of the information services provider’s stock worth $3,972,000 after acquiring an additional 116,746 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in Sohu.com in the third quarter worth about $1,350,000. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Sohu.com by 36.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 267,044 shares of the information services provider’s stock worth $3,520,000 after acquiring an additional 71,259 shares during the last quarter. Institutional investors own 33.02% of the company’s stock.

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.