Boothbay Fund Management LLC bought a new position in Sohu.com Inc. (NASDAQ:SOHU) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,806 shares of the information services provider’s stock, valued at approximately $316,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SOHU. Dimensional Fund Advisors LP grew its stake in shares of Sohu.com by 523.5% in the first quarter. Dimensional Fund Advisors LP now owns 268,275 shares of the information services provider’s stock worth $10,559,000 after acquiring an additional 225,246 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Sohu.com by 13.0% during the second quarter. First Trust Advisors LP now owns 40,000 shares of the information services provider’s stock valued at $1,802,000 after buying an additional 4,605 shares during the last quarter. Penserra Capital Management LLC boosted its position in shares of Sohu.com by 239.3% during the second quarter. Penserra Capital Management LLC now owns 33,774 shares of the information services provider’s stock valued at $1,521,000 after buying an additional 23,820 shares during the last quarter. Airain ltd purchased a new stake in shares of Sohu.com during the second quarter valued at $1,021,000. Finally, Neuberger Berman Group LLC purchased a new stake in shares of Sohu.com during the second quarter valued at $1,172,000. 63.27% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Sohu.com Inc. (SOHU) opened at $45.86 on Tuesday. Sohu.com Inc. has a 12-month low of $33.69 and a 12-month high of $70.86.

Sohu.com (NASDAQ:SOHU) last released its quarterly earnings data on Friday, October 27th. The information services provider reported ($2.38) EPS for the quarter, missing the consensus estimate of ($1.24) by ($1.14). Sohu.com had a negative net margin of 18.51% and a negative return on equity of 21.72%. The business had revenue of $516.10 million for the quarter, compared to analysts’ expectations of $493.47 million. During the same period last year, the business earned ($1.68) earnings per share. The company’s quarterly revenue was up 25.7% on a year-over-year basis. sell-side analysts forecast that Sohu.com Inc. will post -7.92 EPS for the current year.

SOHU has been the topic of several recent analyst reports. Zacks Investment Research cut Sohu.com from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 31st. Deutsche Bank cut Sohu.com from a “buy” rating to a “hold” rating and set a $57.00 price objective on the stock. in a research report on Monday, October 30th. TheStreet raised Sohu.com from a “d+” rating to a “c-” rating in a research report on Friday, August 18th. Finally, ValuEngine raised Sohu.com from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $58.00.

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Sohu.com Profile

Sohu.com Inc (Sohu) is an online media, search and game service company, which is engaged in providing online products and services on personal computers (PCs) and mobile devices in the People’s Republic of China (the PRC). The Company operates through three segments: the Sohu segment; the Sogou segment, and the Changyou segment.

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Institutional Ownership by Quarter for Sohu.com (NASDAQ:SOHU)

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