19,838 Shares in Sohu.com Limited (NASDAQ:SOHU) Purchased by E Fund Management Hong Kong Co. Ltd.

E Fund Management Hong Kong Co. Ltd. acquired a new stake in Sohu.com Limited (NASDAQ:SOHU) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 19,838 shares of the information services provider’s stock, valued at approximately $312,000. Sohu.com accounts for approximately 0.2% of E Fund Management Hong Kong Co. Ltd.’s investment portfolio, making the stock its 23rd largest holding.

Other institutional investors also recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its position in shares of Sohu.com by 46.5% in the first quarter. BNP Paribas Financial Markets now owns 3,152 shares of the information services provider’s stock valued at $33,000 after acquiring an additional 1,000 shares in the last quarter. GSA Capital Partners LLP lifted its position in Sohu.com by 4.1% during the first quarter. GSA Capital Partners LLP now owns 48,435 shares of the information services provider’s stock worth $512,000 after buying an additional 1,914 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Sohu.com by 31.1% during the first quarter. Russell Investments Group Ltd. now owns 31,074 shares of the information services provider’s stock worth $328,000 after buying an additional 7,363 shares in the last quarter. Blue Trust Inc. raised its position in Sohu.com by 1,973.0% in the second quarter. Blue Trust Inc. now owns 4,063 shares of the information services provider’s stock valued at $57,000 after purchasing an additional 3,867 shares during the period. Finally, Headlands Technologies LLC purchased a new stake in Sohu.com in the second quarter valued at $36,000. 33.02% of the stock is owned by institutional investors and hedge funds.

Sohu.com Stock Up 0.1 %

NASDAQ:SOHU opened at $14.33 on Thursday. Sohu.com Limited has a 52 week low of $7.80 and a 52 week high of $17.24. The company has a market capitalization of $473.59 million, a P/E ratio of -12.79 and a beta of 1.18. The stock’s fifty day moving average is $15.22 and its two-hundred day moving average is $13.93.

Sohu.com (NASDAQ:SOHU) last issued its quarterly earnings data on Monday, August 5th. The information services provider reported ($1.04) earnings per share for the quarter. Sohu.com had a negative net margin of 9.00% and a negative return on equity of 7.34%. The firm had revenue of $172.33 million during the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Sohu.com from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th.

About Sohu.com

Sohu.com Limited engages in the provision of online media, video, and game products and services on personal computers (PCs) and mobile devices in China. It operates through two segments: Sohu and Changyou. The company offers online news, information, and content services through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video content and services through mobile phone application Sohu Video APP and tv.sohu.com, as well as ifox, a video application for PC.