SouFun Holdings Ltd. (NYSE:SFUN) released its quarterly earnings data on Monday. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.05) by $0.02. SouFun Holdings had a negative return on equity of 36.04% and a negative net margin of 18.43%. The business had revenue of $250.10 million for the quarter, compared to the consensus estimate of $296.46 million. During the same quarter in the previous year, the company posted ($0.08) EPS. The company’s revenue was up .6% compared to the same quarter last year.

SouFun Holdings (NYSE:SFUN) opened at 2.89 on Tuesday. The stock has a 50 day moving average price of $3.34 and a 200-day moving average price of $4.51. SouFun Holdings has a one year low of $2.80 and a one year high of $7.52. The stock’s market cap is $1.37 billion.

Earnings History for SouFun Holdings (NYSE:SFUN)

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A number of institutional investors have recently modified their holdings of the company. Ameriprise Financial Inc. increased its position in shares of SouFun Holdings by 1.1% in the second quarter. Ameriprise Financial Inc. now owns 94,817 shares of the company’s stock worth $477,000 after buying an additional 1,041 shares in the last quarter. Vanguard Group Inc. increased its position in shares of SouFun Holdings by 134.1% in the second quarter. Vanguard Group Inc. now owns 1,428,523 shares of the company’s stock worth $7,185,000 after buying an additional 818,390 shares in the last quarter. BlackRock Investment Management LLC increased its position in shares of SouFun Holdings by 179.1% in the second quarter. BlackRock Investment Management LLC now owns 127,088 shares of the company’s stock worth $639,000 after buying an additional 81,554 shares in the last quarter. BlackRock Inc. increased its position in shares of SouFun Holdings by 79.4% in the second quarter. BlackRock Inc. now owns 212,775 shares of the company’s stock worth $1,070,000 after buying an additional 94,159 shares in the last quarter. Finally, BlackRock Fund Advisors increased its position in shares of SouFun Holdings by 96.3% in the second quarter. BlackRock Fund Advisors now owns 3,358,738 shares of the company’s stock worth $16,894,000 after buying an additional 1,647,933 shares in the last quarter. Institutional investors own 47.86% of the company’s stock.

SFUN has been the topic of a number of research reports. Nomura downgraded SouFun Holdings from a “buy” rating to a “reduce” rating in a research note on Monday. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $4.50 price objective on shares of SouFun Holdings in a research note on Wednesday, August 31st. downgraded SouFun Holdings from an “underperform” rating to a “sell” rating and reduced their price objective for the stock from $6.00 to $4.50 in a research note on Friday, August 26th. Zacks Investment Research raised SouFun Holdings from a “hold” rating to a “buy” rating and set a $5.00 price objective on the stock in a research note on Wednesday, September 28th. Finally, Brean Capital reaffirmed a “hold” rating on shares of SouFun Holdings in a research note on Tuesday, August 16th. Three investment analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. SouFun Holdings currently has a consensus rating of “Hold” and an average price target of $5.70.

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.

5 Day Chart for NYSE:SFUN

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