Sohu.com Limited (NASDAQ:SOHU) Shares Bought by State Street Corp

State Street Corp raised its holdings in Sohu.com Limited (NASDAQ:SOHU) by 17.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 44,206 shares of the information services provider’s stock after acquiring an additional 6,715 shares during the quarter. State Street Corp’s holdings in Sohu.com were worth $696,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Headlands Technologies LLC acquired a new stake in shares of Sohu.com in the second quarter valued at $36,000. BNP Paribas Financial Markets increased its holdings in Sohu.com by 75.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,519 shares of the information services provider’s stock worth $87,000 after purchasing an additional 2,367 shares during the period. Blue Trust Inc. raised its position in Sohu.com by 213.3% in the 3rd quarter. Blue Trust Inc. now owns 12,730 shares of the information services provider’s stock valued at $200,000 after purchasing an additional 8,667 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Sohu.com in the 3rd quarter valued at about $312,000. Finally, Bank of Montreal Can acquired a new position in shares of Sohu.com during the third quarter worth about $2,357,000. Institutional investors and hedge funds own 33.02% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Sohu.com from a “hold” rating to a “buy” rating in a report on Wednesday, November 13th.

Sohu.com Trading Down 2.4 %

Sohu.com stock opened at $12.87 on Friday. The company has a fifty day simple moving average of $13.37 and a 200-day simple moving average of $14.37. The stock has a market cap of $416.38 million, a P/E ratio of -4.58 and a beta of 1.16. Sohu.com Limited has a 12-month low of $8.79 and a 12-month high of $17.24.

About Sohu.com

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.