Sohu.com (NASDAQ:SOHU) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Sohu.com (NASDAQ:SOHU) from a sell rating to a hold rating in a report published on Wednesday morning.

Sohu.com Stock Performance

NASDAQ SOHU opened at $10.08 on Wednesday. Sohu.com has a one year low of $7.79 and a one year high of $17.24. The company has a market capitalization of $303.06 million, a price-to-earnings ratio of -3.22 and a beta of 0.70. The company’s 50-day simple moving average is $10.47 and its two-hundred day simple moving average is $12.33.

Sohu.com (NASDAQ:SOHU) last released its quarterly earnings data on Monday, May 19th. The information services provider reported ($0.55) earnings per share (EPS) for the quarter. The business had revenue of $135.65 million for the quarter. Sohu.com had a negative net margin of 16.76% and a negative return on equity of 8.49%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Blue Trust Inc. boosted its position in Sohu.com by 78.7% during the fourth quarter. Blue Trust Inc. now owns 22,745 shares of the information services provider’s stock valued at $300,000 after purchasing an additional 10,015 shares in the last quarter. Vontobel Holding Ltd. purchased a new stake in shares of Sohu.com during the fourth quarter valued at about $144,000. E Fund Management Co. Ltd. lifted its position in shares of Sohu.com by 129.7% during the fourth quarter. E Fund Management Co. Ltd. now owns 45,559 shares of the information services provider’s stock valued at $600,000 after buying an additional 25,721 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Sohu.com by 63.2% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 301,388 shares of the information services provider’s stock valued at $3,972,000 after buying an additional 116,746 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Sohu.com by 16.1% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,700 shares of the information services provider’s stock worth $181,000 after buying an additional 1,899 shares during the last quarter. 33.02% of the stock is owned by institutional investors.

Sohu.com Company Profile

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.