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

Sohu.com (NASDAQ:SOHU) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Monday.

Sohu.com Stock Performance

Shares of SOHU opened at $13.85 on Monday. The firm has a market cap of $448.09 million, a PE ratio of -4.42 and a beta of 1.12. The firm’s 50 day moving average price is $13.55 and its 200 day moving average price is $13.86. Sohu.com has a twelve month low of $10.12 and a twelve month high of $17.24.

Sohu.com (NASDAQ:SOHU) last released its quarterly earnings results on Tuesday, February 18th. The information services provider reported ($0.50) 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 business had revenue of $134.68 million for the quarter. During the same quarter in the prior year, the company earned ($0.37) EPS.

Institutional Trading of Sohu.com

Large investors have recently made changes to their positions in the stock. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Sohu.com by 166.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 184,642 shares of the information services provider’s stock worth $2,908,000 after purchasing an additional 115,407 shares during the last quarter. Bank of Montreal Can bought a new position in shares of Sohu.com in the third quarter valued at approximately $2,357,000. FMR LLC acquired a new stake in shares of Sohu.com in the third quarter worth $3,774,000. BNP Paribas Financial Markets boosted its holdings 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 buying an additional 2,367 shares during the period. Finally, State Street Corp grew its stake in Sohu.com by 17.9% in the 3rd quarter. State Street Corp now owns 44,206 shares of the information services provider’s stock valued at $696,000 after buying an additional 6,715 shares during the last quarter. Institutional investors own 33.02% of the company’s stock.

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.