BNP Paribas Financial Markets Increases Stake in Sohu.com Limited (NASDAQ:SOHU)

BNP Paribas Financial Markets raised its holdings in Sohu.com Limited (NASDAQ:SOHU) by 75.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,519 shares of the information services provider’s stock after buying an additional 2,367 shares during the period. BNP Paribas Financial Markets’ holdings in Sohu.com were worth $87,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Headlands Technologies LLC purchased a new position in Sohu.com in the second quarter valued at $36,000. Blue Trust Inc. lifted its stake 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 worth $57,000 after acquiring an additional 3,867 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Sohu.com in the 3rd quarter valued at approximately $312,000. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Sohu.com by 166.7% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 184,642 shares of the information services provider’s stock worth $2,908,000 after purchasing an additional 115,407 shares in the last quarter. Finally, Bank of Montreal Can acquired a new stake in Sohu.com in the third quarter valued at $2,357,000. Institutional investors and hedge funds own 33.02% of the company’s stock.

Sohu.com Trading Down 1.8 %

Shares of SOHU stock opened at $12.81 on Thursday. Sohu.com Limited has a twelve month low of $8.79 and a twelve month high of $17.24. The business’s 50 day moving average is $13.71 and its two-hundred day moving average is $14.35. The company has a market capitalization of $414.44 million, a P/E ratio of -4.56 and a beta of 1.16.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Sohu.com from a “hold” rating to a “buy” rating in a report on Wednesday, November 13th.

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.