Baillie Gifford & Co. Has $14.05 Million Holdings in Sohu.com Ltd – (SOHU)

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.

Sohu.com (NASDAQ:SOHU) last announced its quarterly earnings data on Monday, November 5th. The information services provider reported ($0.81) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.64) by $0.83. The firm had revenue of $459.82 million during the quarter, compared to analysts’ expectations of $461.00 million. Sohu.com had a negative net margin of 24.54% and a negative return on equity of 15.31%. The business’s quarterly revenue was down 10.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($2.38) earnings per share. As a group, research analysts predict that Sohu.com Ltd – will post -5.09 EPS for the current year.

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.

See Also: Exchange-Traded Funds (ETFs)

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Institutional Ownership by Quarter for Sohu.com (NASDAQ:SOHU)

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