Sohu.com (NASDAQ:SOHU) Upgraded at Wall Street Zen

Sohu.com (NASDAQ:SOHU) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

Sohu.com Stock Performance

Shares of SOHU stock opened at $9.87 on Wednesday. The stock has a 50 day moving average price of $10.71 and a 200 day moving average price of $12.40. The firm has a market capitalization of $296.74 million, a P/E ratio of -3.15 and a beta of 0.70. Sohu.com has a 52-week low of $7.79 and a 52-week high of $17.24.

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Seldon Capital LP purchased a new position in Sohu.com during the 4th quarter worth $132,000. Two Sigma Advisers LP purchased a new position in shares of Sohu.com in the 4th quarter valued at $134,000. Vontobel Holding Ltd. purchased a new position in shares of Sohu.com in the 4th quarter valued at $144,000. Man Group plc purchased a new position in shares of Sohu.com in the 4th quarter valued at $166,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Sohu.com by 16.1% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,700 shares of the information services provider’s stock valued at $181,000 after acquiring an additional 1,899 shares during the period. 33.02% of the stock is currently owned by hedge funds and other institutional investors.

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.