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

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

Sohu.com Price Performance

Sohu.com stock opened at $14.38 on Wednesday. Sohu.com has a 1-year low of $8.79 and a 1-year high of $17.24. The stock has a market cap of $465.19 million, a PE ratio of -4.59 and a beta of 1.13. The stock’s fifty day moving average is $13.20 and its two-hundred day moving average is $14.10.

Sohu.com (NASDAQ:SOHU) last posted 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 8.33%. The business had revenue of $134.68 million during the quarter. During the same quarter in the previous year, the company posted ($0.37) EPS.

Hedge Funds Weigh In On Sohu.com

Several institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its holdings in Sohu.com by 75.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,519 shares of the information services provider’s stock valued at $87,000 after purchasing an additional 2,367 shares in the last quarter. Seldon Capital LP purchased a new stake in shares of Sohu.com during the 4th quarter worth approximately $132,000. Two Sigma Advisers LP purchased a new stake in shares of Sohu.com during the 4th quarter worth approximately $134,000. Vontobel Holding Ltd. purchased a new stake in shares of Sohu.com during the 4th quarter worth approximately $144,000. Finally, Man Group plc purchased a new stake in shares of Sohu.com during the 4th quarter worth approximately $166,000. Institutional investors and hedge funds 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.