Sohu.com Ltd – (NASDAQ:SOHU)’s stock price was up 7.2% during trading on Thursday . The company traded as high as $19.38 and last traded at $19.22, approximately 1,396,023 shares changed hands during mid-day trading. An increase of 128% from the average daily volume of 611,928 shares. The stock had previously closed at $17.93.

Several equities analysts have issued reports on SOHU shares. Morgan Stanley raised shares of Sohu.com from an “underweight” rating to an “equal weight” rating in a report on Friday. TheStreet raised shares of Sohu.com from a “d” rating to a “c-” rating in a report on Wednesday. ValuEngine lowered shares of Sohu.com from a “buy” rating to a “hold” rating in a report on Tuesday. Citigroup raised shares of Sohu.com from a “neutral” rating to a “buy” rating and set a $10.00 price target on the stock in a report on Thursday, April 16th. Finally, BidaskClub raised shares of Sohu.com from a “hold” rating to a “buy” rating in a report on Thursday. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $11.77.

The company has a market capitalization of $901.11 million, a PE ratio of -7.89 and a beta of 1.88. The firm’s fifty day simple moving average is $10.41 and its 200 day simple moving average is $9.12.

Sohu.com (NASDAQ:SOHU) last issued its quarterly earnings data on Monday, May 18th. The information services provider reported ($0.47) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.72) by $0.25. The business had revenue of $436.00 million during the quarter. Sohu.com had a negative net margin of 6.00% and a negative return on equity of 8.61%. As a group, equities analysts forecast that Sohu.com Ltd – will post -1.17 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in SOHU. Norges Bank acquired a new stake in shares of Sohu.com in the 4th quarter valued at $7,479,000. Acadian Asset Management LLC raised its stake in Sohu.com by 510.1% during the 1st quarter. Acadian Asset Management LLC now owns 515,066 shares of the information services provider’s stock worth $3,206,000 after acquiring an additional 430,644 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in Sohu.com by 18.7% during the 1st quarter. Parametric Portfolio Associates LLC now owns 493,974 shares of the information services provider’s stock worth $3,077,000 after acquiring an additional 77,987 shares in the last quarter. Two Sigma Advisers LP raised its stake in Sohu.com by 14.0% during the 1st quarter. Two Sigma Advisers LP now owns 263,000 shares of the information services provider’s stock worth $1,638,000 after acquiring an additional 32,200 shares in the last quarter. Finally, State Street Corp grew its position in Sohu.com by 20.1% during the 1st quarter. State Street Corp now owns 207,545 shares of the information services provider’s stock worth $1,293,000 after purchasing an additional 34,707 shares during the last quarter. Institutional investors own 44.21% of the company’s stock.

About Sohu.com (NASDAQ:SOHU)

Sohu.com Limited provides online media, search, and game services on personal computers (PCs) and mobile devices in the People's Republic of China. The company provides online news and information through a mobile phone application, Sohu News APP; sohu.com for PCs; and m.sohu.com mobile portal, as well as online video content and service through tv.sohu.com for PCs, as well as Sohu Video APP mobile phone application.

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