TIAA CREF Investment Management LLC increased its position in Changyou.com Limited (NASDAQ:CYOU) by 27.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,600 shares of the technology company’s stock after buying an additional 2,700 shares during the quarter. TIAA CREF Investment Management LLC’s holdings in Changyou.com Limited were worth $488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the stock. Capital Fund Management S.A. lifted its position in Changyou.com Limited by 1,298.3% in the 2nd quarter. Capital Fund Management S.A. now owns 117,453 shares of the technology company’s stock worth $4,552,000 after buying an additional 109,053 shares during the last quarter. CIBC World Markets Inc. bought a new stake in Changyou.com Limited in the 2nd quarter worth approximately $1,087,000. Hikari Power Ltd bought a new stake in Changyou.com Limited in the 2nd quarter worth approximately $284,000. Renaissance Group LLC lifted its position in Changyou.com Limited by 5.5% in the 2nd quarter. Renaissance Group LLC now owns 15,002 shares of the technology company’s stock worth $581,000 after buying an additional 778 shares during the last quarter. Finally, Airain ltd lifted its position in Changyou.com Limited by 60.4% in the 2nd quarter. Airain ltd now owns 38,649 shares of the technology company’s stock worth $1,498,000 after buying an additional 14,553 shares during the last quarter. Institutional investors own 28.21% of the company’s stock.

CYOU has been the subject of a number of recent research reports. Credit Suisse Group initiated coverage on Changyou.com Limited in a research report on Tuesday, October 3rd. They issued a “neutral” rating and a $40.30 target price for the company. Deutsche Bank AG upgraded Changyou.com Limited from a “hold” rating to a “buy” rating in a research report on Monday, October 30th. Zacks Investment Research downgraded Changyou.com Limited from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 2nd. ValuEngine upgraded Changyou.com Limited from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Finally, BidaskClub upgraded Changyou.com Limited from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $38.06.

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Shares of Changyou.com Limited (CYOU) opened at $36.82 on Friday. Changyou.com Limited has a 12-month low of $21.13 and a 12-month high of $44.55. The firm has a market capitalization of $1,928.48, a P/E ratio of 17.05, a price-to-earnings-growth ratio of 0.48 and a beta of 1.15.

Changyou.com Limited (NASDAQ:CYOU) last announced its quarterly earnings data on Friday, October 27th. The technology company reported ($0.13) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.04 by ($1.17). Changyou.com Limited had a net margin of 20.42% and a return on equity of 9.50%. The company had revenue of $165.60 million during the quarter, compared to the consensus estimate of $164.94 million. During the same quarter in the previous year, the firm posted $0.85 EPS. The business’s revenue for the quarter was up 21.9% compared to the same quarter last year. equities analysts expect that Changyou.com Limited will post 3.78 earnings per share for the current fiscal year.

Changyou.com Limited Company Profile

Changyou.com Limited is an online game developer and operator. The Company is engaged in the development, operation and licensing of online games for personal computers (PCs) and mobile devices. The Company’s segments include Online Game segment, which consists primarily of PC games and mobile games; the Platform Channel segment, which consists primarily of online advertising services offered on the 17173.com Website, Internet value-added services (IVAS) offered on the Dolphin Browser and RaidCall and online card and board games offered by MoboTap, and the Cinema Advertising segment, which consists primarily of the acquisition, from operators of movie theaters, and the sale, to advertisers, of pre-film advertising slots, which are advertisements shown before the screening of a movie in a cinema theater.

Institutional Ownership by Quarter for Changyou.com Limited (NASDAQ:CYOU)

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