Connor Clark & Lunn Investment Management Ltd. raised its holdings in Sohu.com Limited (NASDAQ:SOHU - Free Report) by 166.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 184,642 shares of the information services provider's stock after acquiring an additional 115,407 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 0.57% of Sohu.com worth $2,908,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of SOHU. Russell Investments Group Ltd. lifted its holdings in shares of Sohu.com by 31.1% during the 1st quarter. Russell Investments Group Ltd. now owns 31,074 shares of the information services provider's stock worth $328,000 after acquiring an additional 7,363 shares during the period. E Fund Management Hong Kong Co. Ltd. purchased a new position in Sohu.com during the third quarter worth approximately $312,000. Blue Trust Inc. boosted its holdings in shares of Sohu.com by 213.3% in the 3rd quarter. Blue Trust Inc. now owns 12,730 shares of the information services provider's stock valued at $200,000 after purchasing an additional 8,667 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Sohu.com by 46.5% during the 1st quarter. BNP Paribas Financial Markets now owns 3,152 shares of the information services provider's stock valued at $33,000 after buying an additional 1,000 shares during the period. Finally, Headlands Technologies LLC acquired a new stake in shares of Sohu.com during the 2nd quarter worth $36,000. 33.02% of the stock is currently owned by institutional investors and hedge funds.
Sohu.com Price Performance
SOHU stock traded up $0.16 during midday trading on Monday, reaching $12.20. 61,764 shares of the company's stock traded hands, compared to its average volume of 70,047. Sohu.com Limited has a fifty-two week low of $7.80 and a fifty-two week high of $17.24. The business has a 50-day moving average price of $14.49 and a two-hundred day moving average price of $14.18. The company has a market capitalization of $394.67 million, a P/E ratio of -4.40 and a beta of 1.19.
Analysts Set New Price Targets
Separately, StockNews.com raised Sohu.com from a "hold" rating to a "buy" rating in a research report on Wednesday, November 13th.
Get Our Latest Research Report on Sohu.com
Sohu.com Profile
(
Free Report)
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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