Trexquant Investment LP Purchases 12,873 Shares of Sohu.com Limited (NASDAQ:SOHU)

Trexquant Investment LP grew its position in shares of Sohu.com Limited (NASDAQ:SOHU) by 84.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,123 shares of the information services provider’s stock after acquiring an additional 12,873 shares during the period. Trexquant Investment LP owned about 0.09% of Sohu.com worth $371,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. increased its holdings in Sohu.com by 129.7% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 45,559 shares of the information services provider’s stock valued at $600,000 after purchasing an additional 25,721 shares during the period. Public Employees Retirement System of Ohio purchased a new position in shares of Sohu.com during the third quarter valued at approximately $1,350,000. Vontobel Holding Ltd. bought a new position in shares of Sohu.com during the fourth quarter valued at approximately $144,000. State Street Corp lifted its stake in Sohu.com by 17.9% in the third quarter. State Street Corp now owns 44,206 shares of the information services provider’s stock worth $696,000 after acquiring an additional 6,715 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in Sohu.com by 75.1% in the third quarter. BNP Paribas Financial Markets now owns 5,519 shares of the information services provider’s stock valued at $87,000 after acquiring an additional 2,367 shares in the last quarter. 33.02% of the stock is currently owned by hedge funds and other institutional investors.

Sohu.com Price Performance

Shares of SOHU opened at $8.37 on Monday. The company has a 50-day simple moving average of $13.19 and a two-hundred day simple moving average of $13.47. The firm has a market capitalization of $270.79 million, a PE ratio of -2.67 and a beta of 0.87. Sohu.com Limited has a one year low of $8.32 and a one year high of $17.24.

Sohu.com (NASDAQ:SOHU) last released its quarterly earnings results on Tuesday, February 18th. The information services provider reported ($0.50) earnings per share for the quarter. The firm had revenue of $134.68 million for the quarter. Sohu.com had a negative net margin of 16.76% and a negative return on equity of 8.49%. During the same quarter in the previous year, the company earned ($0.37) EPS.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of Sohu.com from a “buy” rating to a “hold” rating in a report on Tuesday, April 1st.

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.