SouFun Holdings Limited (NYSE:SFUN) reached a new 52-week high on Friday . The stock traded as high as $4.88 and last traded at $0.00, with a volume of shares traded.

Several research firms recently weighed in on SFUN. Zacks Investment Research upgraded shares of SouFun Holdings Limited from a “strong sell” rating to a “hold” rating in a research note on Thursday. BidaskClub upgraded shares of SouFun Holdings Limited from a “hold” rating to a “buy” rating in a research report on Friday, September 8th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $3.73.

The company has a debt-to-equity ratio of 0.54, a current ratio of 1.01 and a quick ratio of 1.01.

SouFun Holdings Limited (NYSE:SFUN) last posted its earnings results on Tuesday, August 29th. The information services provider reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.03). SouFun Holdings Limited had a negative return on equity of 8.80% and a negative net margin of 4.57%. The firm had revenue of $110.09 million during the quarter, compared to the consensus estimate of $131.83 million. During the same quarter last year, the company posted ($0.08) EPS. SouFun Holdings Limited’s revenue for the quarter was down 61.6% on a year-over-year basis. sell-side analysts forecast that SouFun Holdings Limited will post 0.06 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN boosted its holdings in shares of SouFun Holdings Limited by 5.5% in the second quarter. Wells Fargo & Company MN now owns 42,686 shares of the information services provider’s stock valued at $158,000 after acquiring an additional 2,223 shares in the last quarter. Profund Advisors LLC boosted its holdings in shares of SouFun Holdings Limited by 21.9% in the second quarter. Profund Advisors LLC now owns 46,110 shares of the information services provider’s stock valued at $171,000 after acquiring an additional 8,285 shares in the last quarter. Intellectus Partners LLC bought a new position in shares of SouFun Holdings Limited in the second quarter valued at approximately $186,000. BB&T Securities LLC boosted its holdings in shares of SouFun Holdings Limited by 445.5% in the second quarter. BB&T Securities LLC now owns 55,847 shares of the information services provider’s stock valued at $207,000 after acquiring an additional 45,609 shares in the last quarter. Finally, Pictet Asset Management Ltd. bought a new position in shares of SouFun Holdings Limited in the third quarter valued at approximately $325,000. Hedge funds and other institutional investors own 47.61% of the company’s stock.

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About SouFun Holdings Limited

Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China. The Company’s Websites and mobile applications support active online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China.

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