Rhumbline Advisers Trims Holdings in Sohu.com Inc. (NASDAQ:SOHU)

Rhumbline Advisers reduced its holdings in shares of Sohu.com Inc. (NASDAQ:SOHU) by 72.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 3,514 shares of the information services provider’s stock after selling 9,467 shares during the period. Rhumbline Advisers’ holdings in Sohu.com were worth $46,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. raised its stake in Sohu.com by 63.2% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 301,388 shares of the information services provider’s stock valued at $3,972,000 after acquiring an additional 116,746 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Sohu.com by 36.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 267,044 shares of the information services provider’s stock valued at $3,520,000 after buying an additional 71,259 shares during the period. E Fund Management Co. Ltd. raised its position in Sohu.com by 129.7% during the 4th quarter. E Fund Management Co. Ltd. now owns 45,559 shares of the information services provider’s stock worth $600,000 after buying an additional 25,721 shares during the last quarter. Caption Management LLC purchased a new stake in shares of Sohu.com in the fourth quarter valued at about $315,000. Finally, MASO CAPITAL PARTNERS Ltd increased its stake in shares of Sohu.com by 2.1% during the fourth quarter. MASO CAPITAL PARTNERS Ltd now owns 906,256 shares of the information services provider’s stock worth $11,944,000 after acquiring an additional 18,474 shares during the period. 33.02% of the stock is currently owned by institutional investors and hedge funds.

Sohu.com Price Performance

Sohu.com stock opened at $12.91 on Friday. The stock’s 50 day moving average price is $10.58 and its 200 day moving average price is $12.09. Sohu.com Inc. has a 1-year low of $7.79 and a 1-year high of $17.24. The company has a market cap of $388.20 million, a PE ratio of 3.49 and a beta of 0.71.

Sohu.com (NASDAQ:SOHU) last released its earnings results on Monday, May 19th. The information services provider reported ($0.55) EPS for the quarter. Sohu.com had a net margin of 17.97% and a negative return on equity of 7.86%. The business had revenue of $135.65 million during the quarter.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised Sohu.com from a “sell” rating to a “hold” rating in a report on Wednesday, May 28th.

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.