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Fosun International LTD Trimmed Sohu Com (SOHU) Holding as Market Value Declined; As Garmin LTD Adr (GRMN) Stock Value Declined, Shareholder Meritage Portfolio Management Lowered Its Position

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Fosun International Ltd decreased its stake in Sohu Com Inc (SOHU) by 6.73% based on its latest 2017Q4 regulatory filing with the SEC. Fosun International Ltd sold 84,000 shares as the company’s stock declined 27.10% with the market. The institutional investor held 1.16M shares of the edp services company at the end of 2017Q4, valued at $50.48M, down from 1.25 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 $1.39B market cap company. The stock decreased 1.92% or $0.7 during the last trading session, reaching $35.7. About 243,920 shares traded. Sohu.com Inc. (NASDAQ:SOHU) has declined 20.58% since May 14, 2017 and is downtrending. It has underperformed by 32.13% the S&P500.

Meritage Portfolio Management decreased its stake in Garmin Ltd Adr (GRMN) by 39.23% based on its latest 2017Q4 regulatory filing with the SEC. Meritage Portfolio Management sold 40,135 shares as the company’s stock declined 1.76% with the market. The institutional investor held 62,177 shares of the industrial machinery and components company at the end of 2017Q4, valued at $3.70 million, down from 102,312 at the end of the previous reported quarter. Meritage Portfolio Management who had been investing in Garmin Ltd Adr for a number of months, seems to be less bullish one the $11.18 billion market cap company. The stock increased 0.17% or $0.1 during the last trading session, reaching $59.29. About 639,803 shares traded. Garmin Ltd. (NASDAQ:GRMN) has risen 14.52% since May 14, 2017 and is uptrending. It has outperformed by 2.97% the S&P500.

More important recent Sohu.com Inc. (NASDAQ:SOHU) news were published by: Prnewswire.com which released: “Sohu.com to Report First Quarter 2018 Financial Results on April 25, 2018” on April 16, 2018, also Fool.com published article titled: “Why Sohu.com Inc. Stock Fell Wednesday”, Benzinga.com published: “Benzinga’s Insider Buys Of The Week: Alexion Pharmaceuticals, Sohu.com And More” on May 06, 2018. More interesting news about Sohu.com Inc. (NASDAQ:SOHU) was released by: Fool.com and their article: “Sohu.com Hits 10-Year Low After Rough First Quarter” with publication date: April 25, 2018.

Fosun International Ltd, which manages about $1.14B US Long portfolio, upped its stake in Vereit Inc by 875,000 shares to 6.72M shares, valued at $52.35M in 2017Q4, according to the filing. It also increased its holding in Colony Cap Inc by 17.93 million shares in the quarter, for a total of 20.00M shares, and has risen its stake in Viewray Inc.

Among 7 analysts covering Sohu.com Inc. (NASDAQ:SOHU), 1 have Buy rating, 3 Sell and 3 Hold. Therefore 14% are positive. Sohu.com Inc. had 8 analyst reports since October 8, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Monday, November 30 by Goldman Sachs. Macquarie Research maintained the shares of SOHU in report on Monday, October 19 with “Neutral” rating. As per Friday, July 22, the company rating was downgraded by Citigroup. The stock of Sohu.com Inc. (NASDAQ:SOHU) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, August 1. Deutsche Bank downgraded the shares of SOHU in report on Monday, October 30 to “Hold” rating. JP Morgan reinitiated Sohu.com Inc. (NASDAQ:SOHU) rating on Wednesday, August 31. JP Morgan has “Underweight” rating and $40 target.

Investors sentiment increased to 1.69 in Q4 2017. Its up 0.22, from 1.47 in 2017Q3. It improved, as 13 investors sold SOHU shares while 22 reduced holdings. 27 funds opened positions while 32 raised stakes. 19.75 million shares or 4.76% more from 18.85 million shares in 2017Q3 were reported. Legal General Grp Incorporated Pcl owns 3,300 shares or 0% of their US portfolio. Royal National Bank Of Canada reported 0% in Sohu.com Inc. (NASDAQ:SOHU). Leucadia National Corporation invested in 67,500 shares. Moreover, Quantitative Invest Limited Liability Corp has 0.02% invested in Sohu.com Inc. (NASDAQ:SOHU). Guggenheim Limited Liability holds 91,846 shares or 0.01% of its portfolio. Pictet Asset Mngmt reported 11,000 shares. Deutsche Commercial Bank Ag invested in 0.02% or 838,055 shares. J Goldman Commerce LP invested 0.2% of its portfolio in Sohu.com Inc. (NASDAQ:SOHU). Credit Suisse Ag reported 20,378 shares. Macquarie Limited holds 0.34% or 4.47 million shares. Bnp Paribas Arbitrage stated it has 0% in Sohu.com Inc. (NASDAQ:SOHU). Moreover, Industries Ptnrs Limited Liability Corp has 0.19% invested in Sohu.com Inc. (NASDAQ:SOHU) for 44,470 shares. Connor Clark Lunn Invest Mngmt stated it has 0.01% in Sohu.com Inc. (NASDAQ:SOHU). Morgan Stanley accumulated 0% or 209,674 shares. Laurion Capital Mgmt LP accumulated 307,361 shares.

Since April 30, 2018, it had 4 insider buys, and 0 selling transactions for $15.03 million activity. Another trade for 128,940 shares valued at $3.98 million was bought by PHOTON GROUP LTD.

Investors sentiment decreased to 1.08 in 2017 Q4. Its down 0.29, from 1.37 in 2017Q3. It fall, as 31 investors sold GRMN shares while 121 reduced holdings. 58 funds opened positions while 106 raised stakes. 72.31 million shares or 2.58% less from 74.22 million shares in 2017Q3 were reported. Whittier Tru holds 0% or 200 shares. Janney Montgomery Scott Ltd Liability owns 24,744 shares. Omers Administration stated it has 19,700 shares. Envestnet Asset accumulated 64,718 shares. State Of Tennessee Treasury Department accumulated 28,706 shares or 0.01% of the stock. Us Bank De invested 0% in Garmin Ltd. (NASDAQ:GRMN). Company National Bank holds 0.17% in Garmin Ltd. (NASDAQ:GRMN) or 215,123 shares. Jpmorgan Chase & stated it has 615,990 shares. Cipher Lp holds 28,654 shares or 0.14% of its portfolio. Diversified Inv Strategies Ltd Liability holds 1.83% or 33,919 shares. Kentucky Retirement accumulated 6,843 shares. Meritage reported 62,177 shares or 0.35% of all its holdings. King Luther Cap Management Corporation reported 13,607 shares stake. 11.27M were reported by Blackrock. Aqr Capital Mngmt Ltd Llc reported 0.03% of its portfolio in Garmin Ltd. (NASDAQ:GRMN).

Since December 13, 2017, it had 0 buys, and 14 insider sales for $138.51 million activity. Peffer Charles sold $599,708 worth of Garmin Ltd. (NASDAQ:GRMN) on Friday, February 23. On Thursday, February 15 PEMBLE CLIFTON A sold $2.35 million worth of Garmin Ltd. (NASDAQ:GRMN) or 36,208 shares. 755 shares were sold by Biddlecombe Sean, worth $45,904 on Wednesday, December 13. On Wednesday, May 9 ELLER DONALD sold $232,944 worth of Garmin Ltd. (NASDAQ:GRMN) or 3,924 shares. Another trade for 1,929 shares valued at $116,917 was made by ETKIND ANDREW R on Friday, February 23. Another trade for 4,800 shares valued at $289,776 was made by Huang Pao-Chang on Thursday, March 15.

Meritage Portfolio Management, which manages about $1.31 billion and $1.04 billion US Long portfolio, upped its stake in Norbord Inc (NBRXF) by 38,085 shares to 107,677 shares, valued at $3.64 million in 2017Q4, according to the filing. It also increased its holding in Facebook Inc. (NASDAQ:FB) by 22,265 shares in the quarter, for a total of 79,003 shares, and has risen its stake in Apple Inc (NASDAQ:AAPL).

Among 16 analysts covering Garmin Ltd. (NASDAQ:GRMN), 3 have Buy rating, 4 Sell and 9 Hold. Therefore 19% are positive. Garmin Ltd. had 33 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, July 30. Credit Suisse maintained the stock with “Underperform” rating in Thursday, February 18 report. The stock of Garmin Ltd. (NASDAQ:GRMN) earned “Sell” rating by Credit Suisse on Monday, May 7. The company was upgraded on Wednesday, July 19 by Longbow. The stock of Garmin Ltd. (NASDAQ:GRMN) has “Neutral” rating given on Thursday, October 29 by Citigroup. The stock has “Mkt Perform” rating by Raymond James on Monday, August 22. The rating was maintained by Tigress Financial with “Buy” on Monday, March 12. Bank of America downgraded the stock to “Underperform” rating in Thursday, August 4 report. The company was initiated on Wednesday, August 17 by Longbow. The rating was upgraded by JP Morgan to “Neutral” on Monday, October 19.

Sohu.com Inc. (NASDAQ:SOHU) Institutional Positions Chart

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