E Fund Management Co. Ltd. Increases Stock Holdings in Sohu.com Limited (NASDAQ:SOHU)

E Fund Management Co. Ltd. lifted its stake in shares of Sohu.com Limited (NASDAQ:SOHU - Free Report) by 129.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,559 shares of the information services provider's stock after acquiring an additional 25,721 shares during the quarter. E Fund Management Co. Ltd. owned approximately 0.14% of Sohu.com worth $600,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets raised its position in shares of Sohu.com by 75.1% during the third quarter. BNP Paribas Financial Markets now owns 5,519 shares of the information services provider's stock worth $87,000 after acquiring an additional 2,367 shares during the last quarter. Vontobel Holding Ltd. acquired a new stake in Sohu.com during the fourth quarter worth approximately $144,000. Blue Trust Inc. grew its stake in Sohu.com by 78.7% during the fourth quarter. Blue Trust Inc. now owns 22,745 shares of the information services provider's stock worth $300,000 after purchasing an additional 10,015 shares during the period. E Fund Management Hong Kong Co. Ltd. grew its stake in Sohu.com by 129.7% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 45,559 shares of the information services provider's stock worth $600,000 after purchasing an additional 25,721 shares during the period. Finally, State Street Corp grew its stake in Sohu.com by 17.9% during the third quarter. State Street Corp now owns 44,206 shares of the information services provider's stock worth $696,000 after purchasing an additional 6,715 shares during the period. 33.02% of the stock is currently owned by institutional investors.

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Sohu.com Stock Performance

Sohu.com stock traded up $0.26 during mid-day trading on Tuesday, reaching $13.78. The stock had a trading volume of 67,966 shares, compared to its average volume of 70,455. Sohu.com Limited has a fifty-two week low of $9.25 and a fifty-two week high of $17.24. The stock's 50-day simple moving average is $13.28 and its 200-day simple moving average is $13.95. The firm has a market capitalization of $445.82 million, a PE ratio of -4.40 and a beta of 1.12.

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

Analyst Ratings Changes

Separately, StockNews.com cut Sohu.com from a "buy" rating to a "hold" rating in a research note on Wednesday, February 19th.

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.