Public Employees Retirement System of Ohio Has $442,000 Holdings in Sohu.com Inc. (SOHU)

Public Employees Retirement System of Ohio lessened its position in shares of Sohu.com Inc. (NASDAQ:SOHU) by 17.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,800 shares of the information services provider’s stock after selling 2,100 shares during the period. Public Employees Retirement System of Ohio’s holdings in Sohu.com were worth $442,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. California Public Employees Retirement System boosted its holdings in shares of Sohu.com by 0.6% in the 2nd quarter. California Public Employees Retirement System now owns 108,200 shares of the information services provider’s stock valued at $4,875,000 after buying an additional 600 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Sohu.com by 12.9% in the 1st quarter. Wells Fargo & Company MN now owns 6,191 shares of the information services provider’s stock valued at $243,000 after buying an additional 706 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Sohu.com by 23.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,397 shares of the information services provider’s stock valued at $469,000 after buying an additional 1,988 shares in the last quarter. Matthews International Capital Management LLC boosted its holdings in shares of Sohu.com by 39.4% in the 2nd quarter. Matthews International Capital Management LLC now owns 9,900 shares of the information services provider’s stock valued at $446,000 after buying an additional 2,800 shares in the last quarter. Finally, UBS Group AG boosted its holdings in shares of Sohu.com by 48.8% in the 1st quarter. UBS Group AG now owns 8,812 shares of the information services provider’s stock valued at $347,000 after buying an additional 2,891 shares in the last quarter. Institutional investors own 63.81% of the company’s stock.

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Several brokerages have recently issued reports on SOHU. Zacks Investment Research cut shares of Sohu.com from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 31st. Deutsche Bank AG cut shares of Sohu.com from a “buy” rating to a “hold” rating and set a $57.00 target price for the company. in a report on Monday, October 30th. ValuEngine upgraded shares of Sohu.com from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. TheStreet upgraded shares of Sohu.com from a “d+” rating to a “c-” rating in a research report on Friday, August 18th. Finally, BidaskClub upgraded shares of Sohu.com from a “hold” rating to a “buy” rating in a research report on Friday, August 4th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $58.00.

Sohu.com Inc. (NASDAQ SOHU) opened at $54.79 on Tuesday. Sohu.com Inc. has a 12-month low of $32.60 and a 12-month high of $70.86.

Sohu.com (NASDAQ:SOHU) last posted its quarterly earnings results on Friday, October 27th. The information services provider reported ($2.38) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($1.24) by ($1.14). Sohu.com had a negative return on equity of 21.72% and a negative net margin of 18.51%. The company had revenue of $516.10 million for the quarter, compared to analyst estimates of $493.47 million. During the same period last year, the company earned ($1.68) earnings per share. The business’s revenue for the quarter was up 25.7% compared to the same quarter last year. equities analysts predict that Sohu.com Inc. will post -7.47 earnings per share for the current year.

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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