Sohu.com Inc. $SOHU Shares Purchased by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. increased its position in shares of Sohu.com Inc. (NASDAQ:SOHU) by 21.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 51,197 shares of the information services provider’s stock after acquiring an additional 9,168 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.17% of Sohu.com worth $674,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of SOHU. BNP Paribas Financial Markets boosted its position in Sohu.com by 226.5% during the fourth quarter. BNP Paribas Financial Markets now owns 18,021 shares of the information services provider’s stock worth $238,000 after acquiring an additional 12,502 shares during the last quarter. Man Group plc acquired a new position in shares of Sohu.com in the 4th quarter valued at $166,000. Two Sigma Advisers LP acquired a new position in shares of Sohu.com in the 4th quarter valued at $134,000. Public Employees Retirement System of Ohio boosted its holdings in shares of Sohu.com by 12.1% in the 4th quarter. Public Employees Retirement System of Ohio now owns 96,096 shares of the information services provider’s stock valued at $1,267,000 after purchasing an additional 10,400 shares during the last quarter. Finally, Contravisory Investment Management Inc. acquired a new position in shares of Sohu.com in the 1st quarter valued at $216,000. Institutional investors and hedge funds own 33.02% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on SOHU. Wall Street Zen upgraded shares of Sohu.com from a “sell” rating to a “hold” rating in a report on Wednesday, May 28th. Citigroup reiterated a “buy” rating and issued a $20.00 price target (up previously from $17.00) on shares of Sohu.com in a report on Monday, August 4th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $20.00.

Sohu.com Price Performance

Sohu.com stock opened at $15.59 on Thursday. Sohu.com Inc. has a 12-month low of $7.79 and a 12-month high of $17.24. The company has a market capitalization of $468.79 million, a price-to-earnings ratio of 3.74 and a beta of 0.37. The firm’s fifty day moving average price is $15.55 and its 200 day moving average price is $12.91.

Sohu.com (NASDAQ:SOHU) last released its quarterly earnings results on Monday, August 4th. The information services provider reported ($0.69) earnings per share (EPS) for the quarter. Sohu.com had a negative return on equity of 6.37% and a net margin of 22.70%.The firm had revenue of $126.27 million for the quarter.

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.