BNP Paribas Financial Markets Acquires 12,502 Shares of Sohu.com Limited (NASDAQ:SOHU)

BNP Paribas Financial Markets increased its position in shares of Sohu.com Limited (NASDAQ:SOHU) by 226.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,021 shares of the information services provider’s stock after buying an additional 12,502 shares during the period. BNP Paribas Financial Markets owned 0.06% of Sohu.com worth $238,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SOHU. Seldon Capital LP bought a new stake in shares of Sohu.com in the 4th quarter worth approximately $132,000. Vontobel Holding Ltd. acquired a new stake in Sohu.com in the 4th quarter valued at about $144,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake 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 buying an additional 1,899 shares during the period. Sei Investments Co. boosted its stake in shares of Sohu.com by 47.6% in the 4th quarter. Sei Investments Co. now owns 17,354 shares of the information services provider’s stock valued at $229,000 after purchasing an additional 5,600 shares during the last quarter. Finally, Blue Trust Inc. increased its holdings in Sohu.com by 78.7% in the fourth quarter. Blue Trust Inc. now owns 22,745 shares of the information services provider’s stock valued at $300,000 after purchasing an additional 10,015 shares during the last quarter. Institutional investors and hedge funds own 33.02% of the company’s stock.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Sohu.com from a “sell” rating to a “hold” rating in a report on Wednesday.

Sohu.com Trading Up 0.2%

Shares of SOHU stock opened at $9.89 on Thursday. The firm has a market capitalization of $297.34 million, a P/E ratio of -3.16 and a beta of 0.70. Sohu.com Limited has a 1 year low of $7.79 and a 1 year high of $17.24. The firm’s fifty day moving average price is $10.63 and its two-hundred day moving average price is $12.38.

Sohu.com (NASDAQ:SOHU) last issued its earnings results on Monday, May 19th. The information services provider reported ($0.55) EPS for the quarter. The business 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%.

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.