Deutsche Bank AG lowered shares of Changyou.com Limited (NASDAQ:CYOU) from a buy rating to a hold rating in a research report released on Tuesday morning. Deutsche Bank AG currently has $44.00 target price on the technology company’s stock.

CYOU has been the topic of a number of other research reports. Benchmark Co. initiated coverage on Changyou.com Limited in a research report on Tuesday, April 18th. They set a hold rating on the stock. Zacks Investment Research lowered Changyou.com Limited from a buy rating to a hold rating in a research report on Tuesday, June 27th. BidaskClub lowered Changyou.com Limited from a buy rating to a hold rating in a research report on Friday, June 23rd. HSBC Holdings plc lowered Changyou.com Limited from a buy rating to a hold rating in a research report on Tuesday, May 23rd. Finally, ValuEngine upgraded Changyou.com Limited from a buy rating to a strong-buy rating in a research report on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, one has issued a buy rating and three have given a strong buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of $37.50.

Changyou.com Limited (NASDAQ:CYOU) traded up 0.91% during midday trading on Tuesday, hitting $43.08. 115,830 shares of the stock traded hands. Changyou.com Limited has a 12 month low of $19.90 and a 12 month high of $43.72. The company has a market cap of $2.27 billion, a PE ratio of 14.36 and a beta of 1.26.

Changyou.com Limited (NASDAQ:CYOU) last announced its earnings results on Monday, July 31st. The technology company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.44. Changyou.com Limited had a return on equity of 13.57% and a net margin of 30.03%. The firm had revenue of $150.40 million for the quarter, compared to analyst estimates of $158.05 million. During the same quarter last year, the firm posted $0.68 EPS. The business’s revenue was up 16.4% on a year-over-year basis. Equities analysts forecast that Changyou.com Limited will post $3.77 EPS for the current year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. KEYWISE CAPITAL MANAGEMENT Ltd purchased a new position in Changyou.com Limited during the first quarter valued at approximately $496,000. Airain ltd purchased a new position in Changyou.com Limited during the first quarter valued at approximately $676,000. Sei Investments Co. increased its position in Changyou.com Limited by 1.2% in the first quarter. Sei Investments Co. now owns 5,320 shares of the technology company’s stock valued at $149,000 after buying an additional 61 shares in the last quarter. Karp Capital Management Corp purchased a new position in Changyou.com Limited during the first quarter valued at approximately $370,000. Finally, Pictet Asset Management Ltd. purchased a new position in Changyou.com Limited during the first quarter valued at approximately $4,833,000. 25.10% of the stock is owned by hedge funds and other institutional investors.

Changyou.com Limited Company Profile

Changyou.com Limited is an online game developer and operator. The Company is engaged in the development, operation and licensing of online games for personal computers (PCs) and mobile devices. The Company’s segments include Online Game segment, which consists primarily of PC games and mobile games; the Platform Channel segment, which consists primarily of online advertising services offered on the 17173.com Website, Internet value-added services (IVAS) offered on the Dolphin Browser and RaidCall and online card and board games offered by MoboTap, and the Cinema Advertising segment, which consists primarily of the acquisition, from operators of movie theaters, and the sale, to advertisers, of pre-film advertising slots, which are advertisements shown before the screening of a movie in a cinema theater.

Analyst Recommendations for Changyou.com Limited (NASDAQ:CYOU)

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