SouFun Holdings Ltd. (NYSE:SFUN) was downgraded by equities researchers at Nomura from a “buy” rating to a “reduce” rating in a note issued to investors on Monday.

A number of other research firms also recently issued reports on SFUN. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $4.50 price target on shares of SouFun Holdings in a research note on Wednesday, August 31st. downgraded shares of SouFun Holdings from an “underperform” rating to a “sell” rating and cut their target price for the stock from $6.00 to $4.50 in a research note on Friday, August 26th. Zacks Investment Research raised shares of SouFun Holdings from a “hold” rating to a “buy” rating and set a $5.00 target price on the stock in a research note on Wednesday, September 28th. Brean Capital reaffirmed a “hold” rating on shares of SouFun Holdings in a research note on Tuesday, August 16th. Finally, TheStreet downgraded shares of SouFun Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, September 13th. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $5.70.

SouFun Holdings (NYSE:SFUN) traded down 15.74% on Monday, hitting $2.89. 14,135,616 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $3.37 and its 200-day moving average price is $4.55. SouFun Holdings has a 12-month low of $2.80 and a 12-month high of $7.52. The company’s market cap is $1.37 billion.

SouFun Holdings (NYSE:SFUN) last released its quarterly earnings results on Monday, November 28th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.02. The business had revenue of $250.10 million for the quarter, compared to the consensus estimate of $296.46 million. SouFun Holdings had a negative net margin of 18.43% and a negative return on equity of 36.04%. The business’s revenue was up .6% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.08) EPS. Analysts forecast that SouFun Holdings will post ($0.36) earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its position in SouFun Holdings by 1.1% in the second quarter. Ameriprise Financial Inc. now owns 94,817 shares of the company’s stock valued at $477,000 after buying an additional 1,041 shares during the period. BlackRock Japan Co. Ltd boosted its position in SouFun Holdings by 0.6% in the third quarter. BlackRock Japan Co. Ltd now owns 309,181 shares of the company’s stock valued at $1,388,000 after buying an additional 1,762 shares during the period. Panagora Asset Management Inc. boosted its position in SouFun Holdings by 2.9% in the second quarter. Panagora Asset Management Inc. now owns 68,564 shares of the company’s stock valued at $345,000 after buying an additional 1,925 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in SouFun Holdings by 13.2% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 25,800 shares of the company’s stock valued at $116,000 after buying an additional 3,000 shares during the period. Finally, Timber Hill LLC boosted its position in SouFun Holdings by 52.0% in the third quarter. Timber Hill LLC now owns 28,339 shares of the company’s stock valued at $127,000 after buying an additional 9,695 shares during the period. Institutional investors own 47.86% of the company’s stock.

About SouFun Holdings

Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China. The Company’s Websites and mobile applications support active online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China.

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