Shares of SouFun Holdings Limited (NYSE:SFUN) have earned an average rating of “Hold” from the ten ratings firms that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $3.63.
A number of brokerages have recently weighed in on SFUN. BidaskClub upgraded SouFun Holdings Limited from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 7th. Zacks Investment Research upgraded SouFun Holdings Limited from a “strong sell” rating to a “hold” rating in a report on Thursday, November 2nd.
A number of hedge funds and other institutional investors have recently modified their holdings of SFUN. KCG Holdings Inc. grew its stake in SouFun Holdings Limited by 679.1% in the first quarter. KCG Holdings Inc. now owns 101,405 shares of the information services provider’s stock valued at $331,000 after purchasing an additional 88,390 shares in the last quarter. Bank of Montreal Can grew its stake in SouFun Holdings Limited by 259.2% in the second quarter. Bank of Montreal Can now owns 153,830 shares of the information services provider’s stock valued at $571,000 after purchasing an additional 111,010 shares in the last quarter. First Trust Advisors LP grew its stake in SouFun Holdings Limited by 20.2% in the second quarter. First Trust Advisors LP now owns 528,116 shares of the information services provider’s stock valued at $1,959,000 after purchasing an additional 88,599 shares in the last quarter. BB&T Securities LLC grew its stake in SouFun Holdings Limited by 445.5% in the second quarter. BB&T Securities LLC now owns 55,847 shares of the information services provider’s stock valued at $207,000 after purchasing an additional 45,609 shares in the last quarter. Finally, Penserra Capital Management LLC grew its stake in SouFun Holdings Limited by 236.6% in the second quarter. Penserra Capital Management LLC now owns 326,174 shares of the information services provider’s stock valued at $1,210,000 after purchasing an additional 229,262 shares in the last quarter. Hedge funds and other institutional investors own 48.36% of the company’s stock.
SouFun Holdings Limited (NYSE SFUN) opened at $4.70 on Friday. SouFun Holdings Limited has a twelve month low of $2.46 and a twelve month high of $5.27. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.01 and a current ratio of 1.01.
SouFun Holdings Limited (NYSE:SFUN) last issued its quarterly earnings results on Friday, November 17th. The information services provider reported $0.03 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.03. SouFun Holdings Limited had a negative return on equity of 8.80% and a negative net margin of 4.57%. The business had revenue of $112.20 million for the quarter, compared to the consensus estimate of $106.39 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. SouFun Holdings Limited’s revenue for the quarter was down 55.1% compared to the same quarter last year. equities research analysts predict that SouFun Holdings Limited will post 0.06 earnings per share for the current year.
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SouFun Holdings Limited Company Profile
Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China. The Company’s Websites and mobile applications support active online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China.
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