State Street Corp Raises Holdings in Sohu.com Limited (NASDAQ:SOHU)

State Street Corp boosted its holdings in shares of Sohu.com Limited (NASDAQ:SOHU) by 17.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 44,206 shares of the information services provider’s stock after acquiring an additional 6,715 shares during the quarter. State Street Corp owned about 0.14% of Sohu.com worth $696,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SOHU. Headlands Technologies LLC acquired a new stake in shares of Sohu.com during the 2nd quarter worth about $36,000. BNP Paribas Financial Markets boosted its stake in 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 buying an additional 2,367 shares during the period. Blue Trust Inc. increased its position in shares of Sohu.com by 213.3% during the third quarter. Blue Trust Inc. now owns 12,730 shares of the information services provider’s stock valued at $200,000 after acquiring an additional 8,667 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Sohu.com in the 3rd quarter valued at approximately $312,000. Finally, Bank of Montreal Can acquired a new position in shares of Sohu.com in the 3rd quarter worth approximately $2,357,000. Hedge funds and other institutional investors own 33.02% of the company’s stock.

Sohu.com Trading Down 2.4 %

Shares of NASDAQ SOHU opened at $12.87 on Friday. The stock has a fifty day simple moving average of $13.37 and a 200-day simple moving average of $14.37. Sohu.com Limited has a twelve month low of $8.79 and a twelve month high of $17.24. The stock has a market capitalization of $416.38 million, a PE ratio of -4.58 and a beta of 1.16.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Sohu.com from a “hold” rating to a “buy” rating in a report on Wednesday, November 13th.

Sohu.com 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.