Public Employees Retirement System of Ohio acquired a new stake in Sohu.com Limited (NASDAQ:SOHU – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 85,696 shares of the information services provider’s stock, valued at approximately $1,350,000.
A number of other large investors have also added to or reduced their stakes in SOHU. Blue Trust Inc. raised its holdings in Sohu.com by 1,973.0% in the 2nd quarter. Blue Trust Inc. now owns 4,063 shares of the information services provider’s stock valued at $57,000 after buying an additional 3,867 shares during the last quarter. Headlands Technologies LLC acquired a new stake in Sohu.com during the 2nd quarter valued at approximately $36,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Sohu.com during the 3rd quarter valued at approximately $312,000. Connor Clark & Lunn Investment Management Ltd. increased its position in Sohu.com by 166.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 184,642 shares of the information services provider’s stock valued at $2,908,000 after purchasing an additional 115,407 shares during the period. Finally, Bank of Montreal Can acquired a new stake in Sohu.com during the 3rd quarter valued at approximately $2,357,000. Institutional investors own 33.02% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Sohu.com from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th.
Sohu.com Stock Down 1.8 %
Shares of SOHU stock opened at $12.81 on Thursday. The company has a market cap of $414.44 million, a price-to-earnings ratio of -4.56 and a beta of 1.16. Sohu.com Limited has a 52 week low of $8.79 and a 52 week high of $17.24. The firm has a 50 day moving average of $13.71 and a 200-day moving average of $14.35.
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.
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