Sohu.com (NASDAQ:SOHU) Raised to “Buy” at StockNews.com

Sohu.com (NASDAQ:SOHU) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday.

Sohu.com Price Performance

Shares of NASDAQ SOHU opened at $9.86 on Tuesday. Sohu.com has a 1-year low of $7.79 and a 1-year high of $17.24. The business has a fifty day moving average price of $11.04 and a 200 day moving average price of $12.53. The stock has a market capitalization of $296.44 million, a P/E ratio of -3.15 and a beta of 0.70.

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

Institutional Investors Weigh In On Sohu.com

Several institutional investors have recently bought and sold shares of the company. Seldon Capital LP acquired a new position in shares of Sohu.com during the fourth quarter worth $132,000. Two Sigma Advisers LP acquired a new position in Sohu.com during the 4th quarter valued at about $134,000. Vontobel Holding Ltd. acquired a new position in Sohu.com during the 4th quarter valued at about $144,000. Man Group plc purchased a new stake in Sohu.com in the fourth quarter valued at about $166,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Sohu.com by 16.1% in the fourth 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 acquiring an additional 1,899 shares in the last quarter. 33.02% of the stock is currently owned by institutional investors and hedge funds.

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.