Deutsche Bank AG lowered shares of Sohu.com Inc. (NASDAQ:SOHU) from a buy rating to a hold rating in a research report sent to investors on Monday morning. The firm currently has $57.00 price objective on the information services provider’s stock.

A number of other equities research analysts also recently commented on the company. Zacks Investment Research raised Sohu.com from a sell rating to a hold rating in a report on Tuesday, July 11th. BidaskClub downgraded Sohu.com from a buy rating to a hold rating in a report on Tuesday, July 25th. TheStreet raised Sohu.com from a d+ rating to a c- rating in a report on Friday, August 18th. ValuEngine raised Sohu.com from a sell rating to a hold rating in a report on Friday, September 1st. Finally, Morgan Stanley raised Sohu.com from an underweight rating to an equal weight rating and lifted their target price for the stock from $36.00 to $60.00 in a report on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $58.00.

Shares of Sohu.com (NASDAQ:SOHU) traded up 1.32% during trading on Monday, hitting $57.38. 790,438 shares of the stock traded hands. The stock has a 50 day moving average of $58.65 and a 200 day moving average of $50.18. The firm’s market cap is $2.23 billion. Sohu.com has a 52-week low of $32.60 and a 52-week high of $70.86.

Sohu.com (NASDAQ:SOHU) last released its earnings results on Friday, October 27th. The information services provider reported ($2.38) EPS for the quarter, missing the Zacks’ consensus estimate of ($1.24) by ($1.14). Sohu.com had a negative return on equity of 21.39% and a negative net margin of 18.51%. The firm had revenue of $516.10 million for the quarter, compared to analyst estimates of $493.47 million. During the same period last year, the firm earned ($1.68) EPS. The company’s revenue for the quarter was up 25.7% compared to the same quarter last year. Analysts expect that Sohu.com will post ($6.69) EPS for the current year.

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A number of large investors have recently made changes to their positions in SOHU. Wells Fargo & Company MN lifted its holdings in Sohu.com by 12.9% in the first quarter. Wells Fargo & Company MN now owns 6,191 shares of the information services provider’s stock valued at $243,000 after acquiring an additional 706 shares during the period. Parametric Portfolio Associates LLC lifted its holdings in Sohu.com by 15.0% in the first quarter. Parametric Portfolio Associates LLC now owns 66,374 shares of the information services provider’s stock valued at $2,610,000 after acquiring an additional 8,637 shares during the period. SG Americas Securities LLC lifted its holdings in Sohu.com by 37.8% in the first quarter. SG Americas Securities LLC now owns 4,751 shares of the information services provider’s stock valued at $187,000 after acquiring an additional 1,302 shares during the period. California Public Employees Retirement System lifted its holdings in Sohu.com by 10.4% in the first quarter. California Public Employees Retirement System now owns 107,600 shares of the information services provider’s stock valued at $4,232,000 after acquiring an additional 10,100 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Sohu.com by 523.5% in the first quarter. Dimensional Fund Advisors LP now owns 268,275 shares of the information services provider’s stock valued at $10,559,000 after acquiring an additional 225,246 shares during the period. 63.21% of the stock is owned by institutional investors.

About Sohu.com

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.

Analyst Recommendations for Sohu.com (NASDAQ:SOHU)

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