SouFun Holdings Limited (NYSE:SFUN) was upgraded by investment analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report released on Monday, July 31st.

SFUN has been the topic of several other reports. Benchmark Co. initiated coverage on SouFun Holdings Limited in a research note on Tuesday, April 18th. They set a “hold” rating on the stock. Zacks Investment Research upgraded SouFun Holdings Limited from a “hold” rating to a “buy” rating and set a $4.25 price target on the stock in a research note on Wednesday, July 5th. T.H. Capital lowered their price target on SouFun Holdings Limited from $9.00 to $4.50 and set a “buy” rating on the stock in a research note on Friday, June 16th. Bank of America Corporation reissued a “buy” rating and issued a $4.60 target price (down from $5.00) on shares of SouFun Holdings Limited in a report on Wednesday, June 21st. Finally, UBS AG cut shares of SouFun Holdings Limited from a “buy” rating to a “neutral” rating in a research report on Thursday, May 25th. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $3.84.

Shares of SouFun Holdings Limited (NYSE SFUN) traded down 1.56% on Monday, reaching $3.16. The company had a trading volume of 1,550,500 shares. SouFun Holdings Limited has a 52-week low of $2.46 and a 52-week high of $5.14. The firm’s market capitalization is $1.40 billion. The company has a 50-day moving average price of $3.20 and a 200-day moving average price of $3.30.

SouFun Holdings Limited (NYSE:SFUN) last posted its quarterly earnings data on Tuesday, June 20th. The information services provider reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by $0.01. SouFun Holdings Limited had a negative return on equity of 14.64% and a negative net margin of 8.27%. The business had revenue of $109.80 million during the quarter, compared to the consensus estimate of $123.73 million. During the same quarter in the previous year, the firm posted ($0.23) earnings per share. The company’s revenue for the quarter was down 46.3% on a year-over-year basis. Equities research analysts forecast that SouFun Holdings Limited will post $0.09 EPS for the current fiscal year.

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Institutional investors have recently made changes to their positions in the company. Wells Fargo & Company MN raised its position 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 worth $158,000 after buying an additional 2,223 shares during the last quarter. Profund Advisors LLC raised its position 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 worth $171,000 after buying an additional 8,285 shares during the last quarter. Penserra Capital Management LLC raised its position in shares of SouFun Holdings Limited by 19.4% in the first quarter. Penserra Capital Management LLC now owns 96,912 shares of the information services provider’s stock worth $315,000 after buying an additional 15,725 shares during the last quarter. Acrospire Investment Management LLC acquired a new position in SouFun Holdings Limited during the first quarter worth approximately $101,000. Finally, Parametrica Management Ltd acquired a new position in SouFun Holdings Limited during the first quarter worth approximately $135,000. 50.12% of the stock is owned by hedge funds and other institutional investors.

SouFun Holdings Limited Company Profile

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.

Analyst Recommendations for SouFun Holdings Limited (NYSE:SFUN)

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