MML Investors Services LLC Takes $355,000 Position in Sohu.com Limited (NASDAQ:SOHU)

MML Investors Services LLC acquired a new stake in shares of Sohu.com Limited (NASDAQ:SOHU – Get Rating) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 22,115 shares of the information services provider’s stock, valued at approximately $355,000. MML Investors Services LLC owned 0.07% of Sohu.com as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in SOHU. American Century Companies Inc. boosted its holdings in shares of Sohu.com by 16.3% during the first quarter. American Century Companies Inc. now owns 12,428 shares of the information services provider’s stock valued at $209,000 after acquiring an additional 1,740 shares during the period. Citigroup Inc. raised its position in Sohu.com by 273.6% in the first quarter. Citigroup Inc. now owns 69,664 shares of the information services provider’s stock worth $1,172,000 after acquiring an additional 51,015 shares in the last quarter. BlackRock Inc. raised its position in Sohu.com by 7.0% in the first quarter. BlackRock Inc. now owns 648,129 shares of the information services provider’s stock worth $10,901,000 after acquiring an additional 42,122 shares in the last quarter. Vanguard Group Inc. raised its position in Sohu.com by 13.0% in the first quarter. Vanguard Group Inc. now owns 1,094,018 shares of the information services provider’s stock worth $18,402,000 after acquiring an additional 125,554 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in Sohu.com by 23.8% in the first quarter. Arrowstreet Capital Limited Partnership now owns 286,278 shares of the information services provider’s stock worth $4,815,000 after acquiring an additional 55,110 shares in the last quarter.

Sohu.com Stock Performance

Sohu.com stock opened at $14.50 on Friday. The company has a 50 day moving average price of $15.32 and a 200 day moving average price of $15.51. Sohu.com Limited has a 52 week low of $12.87 and a 52 week high of $20.02. The firm has a market capitalization of $489.23 million, a price-to-earnings ratio of -27.88 and a beta of 1.38.

Analysts Set New Price Targets

SOHU has been the topic of several research reports. Citigroup dropped their price target on shares of Sohu.com from $22.00 to $21.00 and set a “buy” rating on the stock in a research report on Tuesday, November 15th. StockNews.com downgraded Sohu.com from a “buy” rating to a “hold” rating in a report on Friday, November 11th. Finally, TheStreet cut shares of Sohu.com from a “c” rating to a “d+” rating in a report on Tuesday, December 6th.

About Sohu.com

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Sohu.com Ltd. is an online media, search, and game service company, which engages in online products and services on PC and mobile devices. It provides a network of web properties and community based/Web 2.0 products, which offer the vast Sohu user community a broad array of choices regarding information, entertainment and communication.