Several other equities analysts also recently weighed in on the stock. ValuEngine downgraded shares of Sohu.com from a buy rating to a hold rating in a research note on Tuesday, July 28th. Citigroup upgraded Sohu.com from a neutral rating to a buy rating and set a $10.00 target price on the stock in a research report on Thursday, April 16th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of $11.77.
Shares of NASDAQ SOHU opened at $22.97 on Thursday. The stock has a fifty day simple moving average of $10.41 and a two-hundred day simple moving average of $9.12. Sohu.com has a 1-year low of $5.41 and a 1-year high of $23.33. The firm has a market cap of $901.09 million, a price-to-earnings ratio of -7.89 and a beta of 1.88.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Street Corp increased its holdings in shares of Sohu.com by 20.1% in the first quarter. State Street Corp now owns 207,545 shares of the information services provider’s stock worth $1,293,000 after purchasing an additional 34,707 shares during the period. Tower Research Capital LLC TRC raised its holdings in shares of Sohu.com by 314.5% in the 1st quarter. Tower Research Capital LLC TRC now owns 5,894 shares of the information services provider’s stock valued at $37,000 after acquiring an additional 4,472 shares in the last quarter. Two Sigma Advisers LP boosted its position in shares of Sohu.com by 14.0% during the 1st quarter. Two Sigma Advisers LP now owns 263,000 shares of the information services provider’s stock valued at $1,638,000 after acquiring an additional 32,200 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of Sohu.com by 319.5% during the first quarter. Deutsche Bank AG now owns 90,140 shares of the information services provider’s stock worth $562,000 after purchasing an additional 68,650 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its position in shares of Sohu.com by 27.9% in the first quarter. BNP Paribas Arbitrage SA now owns 14,229 shares of the information services provider’s stock worth $89,000 after purchasing an additional 3,103 shares during the last quarter. Hedge funds and other institutional investors own 44.21% of the company’s stock.
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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