Sohu.com (NASDAQ:SOHU) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of Sohu.com (NASDAQ:SOHU) from a hold rating to a buy rating in a report issued on Tuesday.

Sohu.com Stock Up 1.1%

SOHU stock opened at $9.97 on Tuesday. The company has a market cap of $299.75 million, a PE ratio of -3.19 and a beta of 0.70. The business has a 50-day simple moving average of $10.96 and a 200 day simple moving average of $12.50. Sohu.com has a 52 week low of $7.79 and a 52 week high of $17.24.

Sohu.com (NASDAQ:SOHU) last posted its quarterly earnings results on Monday, May 19th. The information services provider reported ($0.55) EPS for the quarter. The company had revenue of $135.65 million during the quarter. Sohu.com had a negative net margin of 16.76% and a negative return on equity of 8.49%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. MASO CAPITAL PARTNERS Ltd raised its stake in Sohu.com by 2.1% during the fourth quarter. MASO CAPITAL PARTNERS Ltd now owns 906,256 shares of the information services provider’s stock worth $11,944,000 after acquiring an additional 18,474 shares in the last quarter. Acadian Asset Management LLC increased its stake in shares of Sohu.com by 1.5% in the first quarter. Acadian Asset Management LLC now owns 665,858 shares of the information services provider’s stock valued at $8,743,000 after buying an additional 10,058 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of 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 valued at $3,972,000 after buying an additional 116,746 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of 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 valued at $3,520,000 after buying an additional 71,259 shares during the period. Finally, D. E. Shaw & Co. Inc. increased its stake in shares of Sohu.com by 11.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 159,628 shares of the information services provider’s stock valued at $2,104,000 after buying an additional 16,449 shares during the period. Institutional investors and hedge funds 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.