Sohu.com (NASDAQ:SOHU) Stock Rating Upgraded by StockNews.com

Sohu.com (NASDAQ:SOHU – Get Free Report) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday.

Separately, Citigroup reduced their price objective on shares of Sohu.com from $22.00 to $21.00 in a research report on Monday, May 15th.

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Sohu.com Stock Performance

SOHU stock opened at $11.35 on Tuesday. The company has a market capitalization of $382.95 million, a PE ratio of -10.13 and a beta of 1.33. Sohu.com has a one year low of $10.83 and a one year high of $18.30. The company’s 50 day moving average price is $11.74 and its two-hundred day moving average price is $13.66.

Sohu.com (NASDAQ:SOHU – Get Free Report) last issued its earnings results on Monday, May 15th. The information services provider reported ($0.39) EPS for the quarter, topping the consensus estimate of ($0.53) by $0.14. Sohu.com had a negative net margin of 5.40% and a negative return on equity of 2.96%. The company had revenue of $161.79 million for the quarter, compared to the consensus estimate of $159.71 million. On average, research analysts predict that Sohu.com will post -1.66 EPS for the current year.

Institutional Trading of Sohu.com

A number of hedge funds have recently modified their holdings of SOHU. Tower Research Capital LLC TRC bought a new position in Sohu.com in the 1st quarter worth about $30,000. Barclays PLC boosted its stake in Sohu.com by 117,363.6% in the 4th quarter. Barclays PLC now owns 12,921 shares of the information services provider’s stock worth $177,000 after purchasing an additional 12,910 shares in the last quarter. Virtu Financial LLC bought a new position in Sohu.com in the 4th quarter worth about $191,000. American Century Companies Inc. boosted its stake in Sohu.com by 16.3% in the 1st quarter. American Century Companies Inc. now owns 12,428 shares of the information services provider’s stock worth $209,000 after purchasing an additional 1,740 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in Sohu.com by 17.9% in the 1st quarter. Mercer Global Advisors Inc. ADV now owns 14,488 shares of the information services provider’s stock worth $213,000 after purchasing an additional 2,199 shares in the last quarter. Institutional investors own 37.10% of the company’s stock.

About Sohu.com

(Get Free Report)

Sohu.com Limited provides online media, video, and game products and services on PCs and mobile devices in China. 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.

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