Baillie Gifford & Co. boosted its position in shares of Sohu.com Ltd – (NASDAQ:SOHU) by 0.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 706,870 shares of the information services provider’s stock after purchasing an additional 5,159 shares during the period. Baillie Gifford & Co. owned approximately 1.82% of Sohu.com worth $14,053,000 at the end of the most recent quarter.
A number of other hedge funds have also recently modified their holdings of SOHU. Nomura Holdings Inc. acquired a new position in shares of Sohu.com in the second quarter valued at approximately $888,000. PEAK6 Investments L.P. grew its holdings in shares of Sohu.com by 200.4% in the second quarter. PEAK6 Investments L.P. now owns 45,864 shares of the information services provider’s stock valued at $1,628,000 after purchasing an additional 91,564 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Sohu.com by 101.2% in the second quarter. Jane Street Group LLC now owns 45,919 shares of the information services provider’s stock valued at $1,630,000 after purchasing an additional 23,095 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Sohu.com by 92.7% in the second quarter. BlackRock Inc. now owns 2,359,171 shares of the information services provider’s stock valued at $83,752,000 after purchasing an additional 1,134,983 shares in the last quarter. Finally, Maso Capital Partners Ltd grew its holdings in shares of Sohu.com by 185.9% in the second quarter. Maso Capital Partners Ltd now owns 274,500 shares of the information services provider’s stock valued at $9,745,000 after purchasing an additional 178,500 shares in the last quarter. 61.62% of the stock is currently owned by institutional investors.
Shares of SOHU stock opened at $20.85 on Friday. The company has a quick ratio of 2.02, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $793.91 million, a P/E ratio of -2.38 and a beta of 1.01. Sohu.com Ltd – has a fifty-two week low of $15.89 and a fifty-two week high of $51.38.
Separately, BidaskClub upgraded shares of Sohu.com from a “hold” rating to a “buy” rating in a report on Saturday, November 17th.
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Sohu.com Company Profile
Sohu.com Inc provides online media, search, and game services on personal computers (PCs), mobile devices, and tablets in the People's Republic of China. The company operates sohu.com, which provides online news and information; Sohu News APP, a mobile phone application, as well as m.sohu.com mobile portal; tv.sohu.com that offers online video content and service, as well as Sohu Video APP, a mobile phone application; and focus.cn, which provides online real estate information and services.
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