Russell Investments Group Ltd. Has $468,000 Position in Sohu.com Limited (NASDAQ:SOHU)

Russell Investments Group Ltd. increased its position in shares of Sohu.com Limited (NASDAQ:SOHU) by 12.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,076 shares of the information services provider’s stock after buying an additional 4,002 shares during the quarter. Russell Investments Group Ltd. owned 0.11% of Sohu.com worth $468,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SOHU. State Street Corp lifted its holdings in shares of Sohu.com by 17.9% during the third quarter. State Street Corp now owns 44,206 shares of the information services provider’s stock valued at $696,000 after acquiring an additional 6,715 shares during the period. E Fund Management Hong Kong Co. Ltd. grew its holdings in shares of Sohu.com by 129.7% in 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 buying an additional 25,721 shares during the period. Blue Trust Inc. raised its holdings in Sohu.com by 78.7% during the 4th quarter. Blue Trust Inc. now owns 22,745 shares of the information services provider’s stock worth $300,000 after buying an additional 10,015 shares during the period. Vontobel Holding Ltd. acquired a new position in shares of Sohu.com during the fourth quarter worth about $144,000. Finally, E Fund Management Co. Ltd. increased its stake in Sohu.com by 129.7% in the 4th 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. 33.02% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Sohu.com Price Performance

Sohu.com stock opened at $9.13 on Thursday. The stock’s fifty day moving average price is $12.41 and its two-hundred day moving average price is $13.10. The firm has a market cap of $295.38 million, a PE ratio of -2.92 and a beta of 0.87. Sohu.com Limited has a one year low of $7.79 and a one year high of $17.24.

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

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.