Sohu.com (NASDAQ:SOHU) Earns “Hold (C)” Rating from Weiss Ratings

Sohu.com (NASDAQ:SOHU)‘s stock had its “hold (c)” rating reissued by stock analysts at Weiss Ratings in a research note issued on Saturday,Weiss Ratings reports.

Separately, Citigroup reiterated a “buy” rating and set a $20.00 target price (up previously from $17.00) on shares of Sohu.com in a research note on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.00.

Sohu.com Stock Performance

SOHU opened at $14.84 on Friday. Sohu.com has a one year low of $7.79 and a one year high of $16.45. The company has a market cap of $446.24 million, a P/E ratio of 3.56 and a beta of 0.36. The business’s 50-day simple moving average is $15.36 and its 200-day simple moving average is $13.20.

Sohu.com (NASDAQ:SOHU) last posted its earnings results on Monday, August 4th. The information services provider reported ($0.69) EPS for the quarter. Sohu.com had a net margin of 22.70% and a negative return on equity of 6.37%. The company had revenue of $126.27 million during the quarter.

Hedge Funds Weigh In On Sohu.com

Several hedge funds have recently added to or reduced their stakes in SOHU. Goldman Sachs Group Inc. increased its position in Sohu.com by 21.8% during the first quarter. Goldman Sachs Group Inc. now owns 51,197 shares of the information services provider’s stock worth $674,000 after buying an additional 9,168 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Sohu.com by 8.5% during the first quarter. Russell Investments Group Ltd. now owns 38,069 shares of the information services provider’s stock valued at $506,000 after acquiring an additional 2,993 shares during the last quarter. Strs Ohio purchased a new stake in Sohu.com during the 1st quarter worth about $1,379,000. E Fund Management Hong Kong Co. Ltd. raised its stake in Sohu.com by 7.5% in the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 68,476 shares of the information services provider’s stock valued at $911,000 after purchasing an additional 4,794 shares during the last quarter. Finally, Legacy Capital Group California Inc. purchased a new position in Sohu.com in the 1st quarter valued at about $214,000. 33.02% of the stock is currently owned by hedge funds and other institutional investors.

About Sohu.com

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.