BidaskClub lowered shares of Changyou.Com (NASDAQ:CYOU) from a sell rating to a strong sell rating in a research note released on Wednesday morning.
Several other analysts also recently weighed in on CYOU. Deutsche Bank upgraded shares of Changyou.Com from a hold rating to a buy rating in a research report on Monday, October 30th. ValuEngine upgraded shares of Changyou.Com from a buy rating to a strong-buy rating in a research report on Sunday, December 31st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. Changyou.Com presently has a consensus rating of Hold and a consensus price target of $38.06.
Changyou.Com (NASDAQ CYOU) opened at $27.22 on Wednesday. The stock has a market cap of $1,380.00, a PE ratio of 13.41, a PEG ratio of 0.60 and a beta of 0.80. Changyou.Com has a 52-week low of $24.53 and a 52-week high of $44.55.
A number of large investors have recently modified their holdings of the stock. BNP Paribas Arbitrage SA lifted its position in Changyou.Com by 164.3% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,543 shares of the technology company’s stock valued at $101,000 after purchasing an additional 1,581 shares during the last quarter. TIAA CREF Investment Management LLC increased its stake in Changyou.Com by 27.3% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 12,600 shares of the technology company’s stock valued at $488,000 after buying an additional 2,700 shares during the period. Aperio Group LLC increased its stake in Changyou.Com by 26.2% during the 3rd quarter. Aperio Group LLC now owns 13,489 shares of the technology company’s stock valued at $534,000 after buying an additional 2,797 shares during the period. Northern Trust Corp increased its stake in Changyou.Com by 16.3% during the 2nd quarter. Northern Trust Corp now owns 21,453 shares of the technology company’s stock valued at $832,000 after buying an additional 3,010 shares during the period. Finally, Athos Capital Ltd increased its stake in Changyou.Com by 11.0% during the 3rd quarter. Athos Capital Ltd now owns 38,200 shares of the technology company’s stock valued at $1,932,000 after buying an additional 3,794 shares during the period. Hedge funds and other institutional investors own 27.70% of the company’s stock.
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Changyou.com Limited is an online game developer and operator. The Company is engaged in the development, operation and licensing of online games for personal computers (PCs) and mobile devices. The Company’s segments include Online Game segment, which consists primarily of PC games and mobile games; the Platform Channel segment, which consists primarily of online advertising services offered on the 17173.com Website, Internet value-added services (IVAS) offered on the Dolphin Browser and RaidCall and online card and board games offered by MoboTap, and the Cinema Advertising segment, which consists primarily of the acquisition, from operators of movie theaters, and the sale, to advertisers, of pre-film advertising slots, which are advertisements shown before the screening of a movie in a cinema theater.
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