Sohu.com Limited (NASDAQ:SOHU) Shares Purchased by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Sohu.com Limited (NASDAQ:SOHU) by 63.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 301,388 shares of the information services provider’s stock after purchasing an additional 116,746 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in Sohu.com were worth $3,972,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SOHU. FMR LLC acquired a new position in Sohu.com during the 3rd quarter worth $3,774,000. Bank of Montreal Can purchased a new stake in Sohu.com during the 3rd quarter worth about $2,357,000. Public Employees Retirement System of Ohio purchased a new stake in Sohu.com during the 3rd quarter worth about $1,350,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in Sohu.com by 129.7% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 45,559 shares of the information services provider’s stock worth $600,000 after buying an additional 25,721 shares during the last quarter. Finally, E Fund Management Co. Ltd. lifted its holdings in Sohu.com by 129.7% during the 4th quarter. E Fund Management Co. Ltd. now owns 45,559 shares of the information services provider’s stock worth $600,000 after buying an additional 25,721 shares during the last quarter. 33.02% of the stock is owned by institutional investors and hedge funds.

Sohu.com Price Performance

Shares of NASDAQ SOHU opened at $13.88 on Monday. The company has a market capitalization of $449.06 million, a price-to-earnings ratio of -4.43 and a beta of 1.12. The business has a 50-day moving average of $13.35 and a two-hundred day moving average of $13.91. Sohu.com Limited has a 1 year low of $9.65 and a 1 year high of $17.24.

Sohu.com (NASDAQ:SOHU) last announced its quarterly earnings results on Tuesday, February 18th. The information services provider reported ($0.50) earnings per share (EPS) for the quarter. The business had revenue of $134.68 million for the quarter. Sohu.com had a negative return on equity of 8.49% and a negative net margin of 16.76%. During the same period last year, the business earned ($0.37) earnings per share.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Sohu.com from a “buy” rating to a “hold” rating in a report on Wednesday, February 19th.

Sohu.com Profile

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.