Arrowstreet Capital Limited Partnership Acquires 71,259 Shares of Sohu.com Limited (NASDAQ:SOHU)

Arrowstreet Capital Limited Partnership boosted its stake in Sohu.com Limited (NASDAQ:SOHU - Free Report) by 36.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 267,044 shares of the information services provider's stock after buying an additional 71,259 shares during the period. Arrowstreet Capital Limited Partnership owned 0.83% of Sohu.com worth $3,520,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SOHU. FMR LLC bought a new stake in Sohu.com during the third quarter worth approximately $3,774,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Sohu.com by 63.2% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 301,388 shares of the information services provider's stock worth $3,972,000 after acquiring an additional 116,746 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Sohu.com during the 3rd quarter worth about $1,350,000. E Fund Management Hong Kong Co. Ltd. lifted its stake in Sohu.com by 129.7% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 45,559 shares of the information services provider's stock valued at $600,000 after acquiring an additional 25,721 shares during the last quarter. Finally, E Fund Management Co. Ltd. boosted its holdings in Sohu.com by 129.7% in the fourth quarter. E Fund Management Co. Ltd. now owns 45,559 shares of the information services provider's stock worth $600,000 after purchasing an additional 25,721 shares in the last quarter. Institutional investors own 33.02% of the company's stock.

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Sohu.com Stock Performance

Shares of SOHU traded up $0.17 during trading hours on Monday, reaching $8.54. 48,358 shares of the company traded hands, compared to its average volume of 76,090. Sohu.com Limited has a 1-year low of $8.32 and a 1-year high of $17.24. The stock has a market cap of $276.42 million, a P/E ratio of -2.74 and a beta of 0.87. The stock's fifty day moving average is $13.19 and its 200 day moving average is $13.47.

Sohu.com (NASDAQ:SOHU - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The information services provider reported ($0.50) earnings per share (EPS) for the quarter. The business had revenue of $134.68 million during the quarter. Sohu.com had a negative net margin of 16.76% and a negative return on equity of 8.49%. During the same quarter in the previous year, the business earned ($0.37) earnings per share.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Sohu.com from a "buy" rating to a "hold" rating in a report on Tuesday, April 1st.

Sohu.com 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.