Altshuler Shaham Ltd purchased a new position in Sohu.com Limited (NASDAQ:SOHU) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,646 shares of the information services provider’s stock, valued at approximately $33,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in shares of Sohu.com by 34.4% in the first quarter. Royal Bank of Canada now owns 4,722 shares of the information services provider’s stock worth $30,000 after purchasing an additional 1,208 shares during the period. Banque Cantonale Vaudoise bought a new position in shares of Sohu.com in the third quarter worth $30,000. California Public Employees Retirement System increased its holdings in shares of Sohu.com by 4.1% in the third quarter. California Public Employees Retirement System now owns 70,760 shares of the information services provider’s stock worth $1,405,000 after purchasing an additional 2,800 shares during the period. AJO LP bought a new position in shares of Sohu.com in the second quarter worth $64,000. Finally, Two Sigma Advisers LP increased its holdings in shares of Sohu.com by 3.5% in the second quarter. Two Sigma Advisers LP now owns 272,100 shares of the information services provider’s stock worth $2,506,000 after purchasing an additional 9,100 shares during the period. 42.90% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages recently issued reports on SOHU. TheStreet upgraded shares of Sohu.com from a “d” rating to a “c-” rating in a research report on Wednesday, July 29th. Citigroup upped their target price on shares of Sohu.com from $10.00 to $32.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. They noted that the move was a valuation call. ValuEngine lowered shares of Sohu.com from a “buy” rating to a “hold” rating in a research report on Tuesday, July 28th. BidaskClub upgraded shares of Sohu.com from a “hold” rating to a “buy” rating in a research report on Saturday, October 31st. Finally, Zacks Investment Research lowered shares of Sohu.com from a “buy” rating to a “hold” rating and set a $25.00 price target for the company. in a research report on Monday, August 10th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $22.77.

NASDAQ SOHU opened at $19.46 on Friday. The company has a 50-day simple moving average of $19.17 and a two-hundred day simple moving average of $15.04. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.09. Sohu.com Limited has a 12-month low of $5.41 and a 12-month high of $25.71. The firm has a market cap of $763.40 million, a price-to-earnings ratio of -5.41 and a beta of 2.39.

Sohu.com (NASDAQ:SOHU) last posted its quarterly earnings results on Monday, November 16th. The information services provider reported ($0.39) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.51) by $0.12. Sohu.com had a negative net margin of 7.66% and a negative return on equity of 4.15%. During the same quarter last year, the business earned ($0.47) earnings per share. Equities analysts expect that Sohu.com Limited will post -3.8 earnings per share for the current fiscal year.

Sohu.com Company Profile

Sohu.com Limited provides online media, search, and game services on personal computers (PCs) and mobile devices in the People's Republic of China. The company provides online news and information through a mobile phone application, Sohu News APP; sohu.com for PCs; and m.sohu.com mobile portal, as well as online video content and service through tv.sohu.com for PCs, as well as Sohu Video APP mobile phone application.

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Institutional Ownership by Quarter for Sohu.com (NASDAQ:SOHU)

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