Davis Selected Advisers increased its position in shares of SouFun Holdings Limited (NYSE:SFUN) by 33.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,239,493 shares of the information services provider’s stock after purchasing an additional 6,803,651 shares during the period. Davis Selected Advisers owned 6.17% of SouFun Holdings Limited worth $101,059,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SFUN. Fosun International Ltd increased its position in SouFun Holdings Limited by 13.4% during the first quarter. Fosun International Ltd now owns 25,107,453 shares of the information services provider’s stock worth $81,850,000 after purchasing an additional 2,974,909 shares during the last quarter. FIL Ltd increased its position in SouFun Holdings Limited by 581.0% during the first quarter. FIL Ltd now owns 3,265,780 shares of the information services provider’s stock worth $10,646,000 after purchasing an additional 2,786,255 shares during the last quarter. JPMorgan Chase & Co. increased its position in SouFun Holdings Limited by 679.8% during the first quarter. JPMorgan Chase & Co. now owns 1,087,291 shares of the information services provider’s stock worth $3,544,000 after purchasing an additional 947,858 shares during the last quarter. Bank of America Corp DE increased its position in SouFun Holdings Limited by 6.1% during the first quarter. Bank of America Corp DE now owns 9,057,448 shares of the information services provider’s stock worth $29,527,000 after purchasing an additional 519,731 shares during the last quarter. Finally, Penserra Capital Management LLC increased its position in SouFun Holdings Limited by 236.6% during the second quarter. Penserra Capital Management LLC now owns 326,174 shares of the information services provider’s stock worth $1,210,000 after purchasing an additional 229,262 shares during the last quarter. Hedge funds and other institutional investors own 46.19% of the company’s stock.

Several research firms recently issued reports on SFUN. Zacks Investment Research cut shares of SouFun Holdings Limited from a “hold” rating to a “strong sell” rating in a research report on Saturday. UBS AG cut shares of SouFun Holdings Limited from a “buy” rating to a “neutral” rating in a research report on Thursday, May 25th. BidaskClub upgraded shares of SouFun Holdings Limited from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. T.H. Capital cut their price objective on shares of SouFun Holdings Limited from $9.00 to $4.50 and set a “buy” rating for the company in a research report on Friday, June 16th. Finally, Bank of America Corporation restated a “buy” rating and set a $4.60 price objective (down from $5.00) on shares of SouFun Holdings Limited in a research report on Wednesday, June 21st. Four research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $3.73.

Shares of SouFun Holdings Limited (NYSE:SFUN) traded up 1.693% on Wednesday, reaching $3.905. 2,306,731 shares of the company’s stock traded hands. The stock’s market capitalization is $1.70 billion. The stock’s 50-day moving average price is $3.33 and its 200-day moving average price is $3.30. SouFun Holdings Limited has a 52 week low of $2.46 and a 52 week high of $4.63.

SouFun Holdings Limited (NYSE:SFUN) last posted its quarterly earnings data on Tuesday, August 29th. The information services provider reported ($0.01) EPS for the quarter, missing the Zacks’ consensus estimate of $0.02 by $0.03. SouFun Holdings Limited had a negative net margin of 4.57% and a negative return on equity of 8.80%. The company had revenue of $110.09 million for the quarter, compared to analyst estimates of $131.83 million. During the same period in the prior year, the company earned ($0.08) EPS. The company’s revenue was down 61.6% compared to the same quarter last year. Equities analysts predict that SouFun Holdings Limited will post $0.04 EPS for the current year.

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SouFun Holdings Limited Company Profile

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.

Institutional Ownership by Quarter for SouFun Holdings Limited (NYSE:SFUN)

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