Fosun International LTD Position in Sohu Com INC (SOHU) Decreased by $32.72 Million

February 14, 2018 - By Richard Conner

Investors sentiment increased to 1.47 in Q3 2017. Its up 0.08, from 1.39 in 2017Q2. It improved, as 13 investors sold SOHU shares while 19 reduced holdings. 19 funds opened positions while 28 raised stakes. 18.85 million shares or 3.07% more from 18.29 million shares in 2017Q2 were reported. Connecticut-based Aqr Management Limited Liability Corp has invested 0% in Sohu.com Inc. (NASDAQ:SOHU). Renaissance Technology Ltd Llc holds 2.36 million shares or 0.15% of its portfolio. River & Mercantile Asset Mngmt Limited Liability Partnership holds 48,550 shares. Bogle Mngmt Limited Partnership De holds 191,612 shares. Essex Invest Management Comm Ltd, a Massachusetts-based fund reported 20,015 shares. Pub Sector Pension Inv Board invested in 234,012 shares. Vanguard stated it has 0% in Sohu.com Inc. (NASDAQ:SOHU). Majedie Asset Mgmt Ltd stated it has 255,452 shares. Fisher Asset Mgmt Ltd Liability holds 0% or 16,291 shares in its portfolio. Strs Ohio holds 0.04% of its portfolio in Sohu.com Inc. (NASDAQ:SOHU) for 180,200 shares. Hillhouse Capital Management Ltd accumulated 1.65M shares. California Employees Retirement holds 60,342 shares. Cubist Systematic Strategies Ltd Co reported 0.04% in Sohu.com Inc. (NASDAQ:SOHU). Moreover, Credit Suisse Ag has 0% invested in Sohu.com Inc. (NASDAQ:SOHU). 51,000 are held by Quantitative Inv Mngmt Lc.

Fosun International Ltd decreased its stake in Sohu Com Inc (SOHU) by 32.68% based on its latest 2017Q3 regulatory filing with the SEC. Fosun International Ltd sold 605,922 shares as the company’s stock rose 17.23% with the market. The institutional investor held 1.25M shares of the edp services company at the end of 2017Q3, valued at $67.98 million, down from 1.85 million at the end of the previous reported quarter. Fosun International Ltd who had been investing in Sohu Com Inc for a number of months, seems to be less bullish one the $1.33B market cap company. The stock increased 2.76% or $0.92 during the last trading session, reaching $34.21. About 445,936 shares traded. Sohu.com Inc. (NASDAQ:SOHU) has risen 19.17% since February 14, 2017 and is uptrending. It has outperformed by 2.47% the S&P500.

Fosun International Ltd, which manages about $1.01B US Long portfolio, upped its stake in Colony Cap Inc by 7.50M shares to 12.53M shares, valued at $12.59M in 2017Q3, according to the filing. It also increased its holding in Ikang Healthcare Group Inc (NASDAQ:KANG) by 1.02M shares in the quarter, for a total of 3.57 million shares, and has risen its stake in Fanhua Inc.

More notable recent Sohu.com Inc. (NASDAQ:SOHU) news were published by: Seekingalpha.com which released: “Sohu.Com’s (SOHU) CEO Chaoyang Zhang on Q4 2017 Results – Earnings Call Transcript” on January 29, 2018, also Investorplace.com with their article: “Sohu.com Inc. Stock Plunges on Earnings Miss” published on January 29, 2018, Nasdaq.com published: “Sohu.com Inc. (SOHU) Has Fallen To A 7-Month Low After Q4 Loss” on January 29, 2018. More interesting news about Sohu.com Inc. (NASDAQ:SOHU) were released by: Nasdaq.com and their article: “RSI Alert: Sohu.com (SOHU) Now Oversold” published on February 02, 2018 as well as Nasdaq.com‘s news article titled: “Sohu.com’s (SOHU) Q4 Loss Widens Y/Y but Revenues Improve” with publication date: January 30, 2018.

Sohu.com Inc. (NASDAQ:SOHU) Ratings Coverage

Among 7 analysts covering Sohu.com Inc. (NASDAQ:SOHU), 1 have Buy rating, 2 Sell and 4 Hold. Therefore 14% are positive. Sohu.com Inc. had 7 analyst reports since October 8, 2015 according to SRatingsIntel. On Wednesday, August 31 the stock rating was reinitiated by JP Morgan with “Underweight”. The rating was maintained by Macquarie Research with “Neutral” on Monday, October 19. The stock has “Sell” rating by Goldman Sachs on Monday, November 30. As per Monday, October 30, the company rating was downgraded by Deutsche Bank. The rating was downgraded by Citigroup to “Neutral” on Friday, July 22. As per Tuesday, August 1, the company rating was upgraded by Morgan Stanley.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: