Legal & General Group Plc lowered its holdings in Sohu.com Inc (NASDAQ:SOHU) by 63.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,300 shares of the information services provider’s stock after selling 5,791 shares during the quarter. Legal & General Group Plc’s holdings in Sohu.com were worth $180,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Macquarie Group Ltd. raised its position in Sohu.com by 1.1% in the third quarter. Macquarie Group Ltd. now owns 4,193,167 shares of the information services provider’s stock valued at $228,317,000 after purchasing an additional 43,700 shares during the period. Renaissance Technologies LLC raised its position in Sohu.com by 19.2% in the second quarter. Renaissance Technologies LLC now owns 2,398,900 shares of the information services provider’s stock valued at $108,094,000 after purchasing an additional 385,900 shares during the period. Dimensional Fund Advisors LP raised its position in Sohu.com by 38.9% in the second quarter. Dimensional Fund Advisors LP now owns 372,614 shares of the information services provider’s stock valued at $16,795,000 after purchasing an additional 104,339 shares during the period. Russell Investments Group Ltd. raised its position in Sohu.com by 113.3% in the third quarter. Russell Investments Group Ltd. now owns 361,171 shares of the information services provider’s stock valued at $19,663,000 after purchasing an additional 191,828 shares during the period. Finally, Public Sector Pension investment Board purchased a new stake in Sohu.com in the second quarter valued at $15,771,000. Institutional investors own 63.21% of the company’s stock.

Shares of Sohu.com Inc (NASDAQ SOHU) opened at $46.41 on Friday. The stock has a market capitalization of $1,850.00, a price-to-earnings ratio of -5.53 and a beta of 1.28. Sohu.com Inc has a 1-year low of $37.78 and a 1-year high of $70.86.

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

A number of research firms have commented on SOHU. Deutsche Bank downgraded Sohu.com from a “buy” rating to a “hold” rating and set a $57.00 target price on the stock. in a research report on Monday, October 30th. Zacks Investment Research downgraded Sohu.com from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 31st. TheStreet downgraded Sohu.com from a “c-” rating to a “d+” rating in a research report on Friday, December 8th. Finally, ValuEngine upgraded Sohu.com from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st. Seven analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $58.00.

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Sohu.com Company 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.

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

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