Sohu.com (NASDAQ:SOHU) Raised to Buy at StockNews.com

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

Sohu.com Trading Down 1.8 %

SOHU stock opened at $13.85 on Monday. Sohu.com has a one year low of $10.12 and a one year high of $17.24. The firm has a 50-day moving average of $13.55 and a two-hundred day moving average of $13.86. The firm has a market capitalization of $448.09 million, a PE ratio of -4.42 and a beta of 1.12.

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 net margin of 16.76% and a negative return on equity of 8.49%. The firm had revenue of $134.68 million during the quarter. During the same period in the previous year, the business posted ($0.37) EPS.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake 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 acquiring an additional 1,899 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Sohu.com by 75.1% during the third quarter. BNP Paribas Financial Markets now owns 5,519 shares of the information services provider’s stock worth $87,000 after purchasing an additional 2,367 shares during the period. Russell Investments Group Ltd. grew its position in Sohu.com by 12.9% during the fourth quarter. Russell Investments Group Ltd. now owns 35,076 shares of the information services provider’s stock valued at $468,000 after purchasing an additional 4,002 shares in the last quarter. Sei Investments Co. increased its stake in Sohu.com by 47.6% in the 4th quarter. Sei Investments Co. now owns 17,354 shares of the information services provider’s stock valued at $229,000 after buying an additional 5,600 shares during the period. Finally, State Street Corp lifted its position 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 worth $696,000 after buying an additional 6,715 shares in the last quarter. 33.02% of the stock is owned by institutional investors and hedge funds.

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.