UBS Group AG cut its position in SouFun Holdings Limited (NYSE:SFUN) by 85.8% during the first quarter, Holdings Channel reports. The fund owned 34,282 shares of the information services provider’s stock after selling 207,334 shares during the period. UBS Group AG’s holdings in SouFun Holdings Limited were worth $112,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of SFUN. Acrospire Investment Management LLC bought a new stake in SouFun Holdings Limited during the first quarter worth approximately $101,000. Profund Advisors LLC boosted its stake in SouFun Holdings Limited by 59.7% in the first quarter. Profund Advisors LLC now owns 37,825 shares of the information services provider’s stock worth $123,000 after buying an additional 14,134 shares during the last quarter. Parametrica Management Ltd bought a new stake in SouFun Holdings Limited during the first quarter worth approximately $135,000. Stevens Capital Management LP boosted its stake in SouFun Holdings Limited by 290.7% in the first quarter. Stevens Capital Management LP now owns 87,857 shares of the information services provider’s stock worth $286,000 after buying an additional 65,369 shares during the last quarter. Finally, SG Americas Securities LLC boosted its stake in SouFun Holdings Limited by 216.2% in the first quarter. SG Americas Securities LLC now owns 93,818 shares of the information services provider’s stock worth $306,000 after buying an additional 64,148 shares during the last quarter. Institutional investors and hedge funds own 50.12% of the company’s stock.

SouFun Holdings Limited (SFUN) traded down 1.56% on Friday, hitting $3.16. 1,550,500 shares of the company’s stock were exchanged. The stock’s market cap is $1.40 billion. The firm has a 50 day moving average price of $3.20 and a 200-day moving average price of $3.30. SouFun Holdings Limited has a 52-week low of $2.46 and a 52-week high of $5.14.

SouFun Holdings Limited (NYSE:SFUN) last released its earnings results on Tuesday, June 20th. The information services provider reported ($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by $0.01. The business had revenue of $109.80 million during the quarter, compared to analysts’ expectations of $123.73 million. SouFun Holdings Limited had a negative return on equity of 14.64% and a negative net margin of 8.27%. The firm’s quarterly revenue was down 46.3% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.23) earnings per share. Analysts predict that SouFun Holdings Limited will post $0.09 earnings per share for the current fiscal year.

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SFUN has been the topic of a number of recent research reports. Benchmark Co. initiated coverage on shares of SouFun Holdings Limited in a research note on Tuesday, April 18th. They issued a “hold” rating on the stock. Zacks Investment Research raised shares of SouFun Holdings Limited from a “hold” rating to a “buy” rating and set a $4.25 price objective on the stock in a research note on Wednesday, July 5th. T.H. Capital dropped their price objective on shares of SouFun Holdings Limited from $9.00 to $4.50 and set a “buy” rating on the stock in a research note on Friday, June 16th. Bank of America Corporation reaffirmed a “buy” rating and issued a $4.60 price objective (down from $5.00) on shares of SouFun Holdings Limited in a research note on Wednesday, June 21st. Finally, BidaskClub raised shares of SouFun Holdings Limited from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Five research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $3.84.

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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Institutional Ownership by Quarter for SouFun Holdings Limited (NYSE:SFUN)

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