General Atlantic LLC continued to hold its position in SouFun Holdings Limited (NYSE:SFUN) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,600,200 shares of the information services provider’s stock at the close of the 2nd quarter. SouFun Holdings Limited makes up approximately 12.0% of General Atlantic LLC’s holdings, making the stock its 4th largest position. General Atlantic LLC owned about 8.28% of SouFun Holdings Limited worth $135,787,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its position in shares of SouFun Holdings Limited by 5.5% in the second quarter. Wells Fargo & Company MN now owns 42,686 shares of the information services provider’s stock worth $158,000 after purchasing an additional 2,223 shares in the last quarter. Profund Advisors LLC lifted its position in shares of SouFun Holdings Limited by 21.9% in the second quarter. Profund Advisors LLC now owns 46,110 shares of the information services provider’s stock worth $171,000 after purchasing an additional 8,285 shares in the last quarter. BB&T Securities LLC lifted its position in shares of 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 worth $207,000 after purchasing an additional 45,609 shares in the last quarter. Contrarius Investment Management Ltd lifted its position in shares of SouFun Holdings Limited by 4.6% in the second quarter. Contrarius Investment Management Ltd now owns 1,275,889 shares of the information services provider’s stock worth $4,734,000 after purchasing an additional 56,476 shares in the last quarter. Finally, SG Americas Securities LLC lifted its position in shares of 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 purchasing an additional 64,148 shares in the last quarter. 46.91% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION WARNING: This article was posted by Daily Political and is the property of of Daily Political. If you are reading this article on another domain, it was stolen and republished in violation of U.S. & international copyright and trademark laws. The original version of this article can be accessed at https://www.dailypolitical.com/2017/09/24/soufun-holdings-limited-sfun-is-general-atlantic-llcs-4th-largest-position.html.

SouFun Holdings Limited (SFUN) traded up 0.23% during trading on Friday, reaching $4.29. The company had a trading volume of 959,569 shares. SouFun Holdings Limited has a 52-week low of $2.46 and a 52-week high of $4.70. The company has a 50 day moving average price of $3.63 and a 200 day moving average price of $3.38. The company’s market capitalization is $1.87 billion.

SouFun Holdings Limited (NYSE:SFUN) last released its quarterly earnings data on Tuesday, August 29th. The information services provider reported ($0.01) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.03). The business had revenue of $110.09 million for the quarter, compared to the consensus estimate of $131.83 million. SouFun Holdings Limited had a negative net margin of 4.57% and a negative return on equity of 8.80%. The company’s revenue for the quarter was down 61.6% on a year-over-year basis. During the same quarter last year, the firm earned ($0.08) EPS. On average, equities analysts forecast that SouFun Holdings Limited will post $0.04 EPS for the current fiscal year.

A number of research firms have recently issued reports on SFUN. BidaskClub raised shares of SouFun Holdings Limited from a “hold” rating to a “buy” rating in a research report on Friday, September 8th. Bank of America Corporation reissued a “buy” rating and issued a $4.60 price target (down from $5.00) on shares of SouFun Holdings Limited in a research report on Wednesday, June 21st. Zacks Investment Research lowered shares of SouFun Holdings Limited from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd. Finally, T.H. Capital reduced their price target on shares of SouFun Holdings Limited from $9.00 to $4.50 and set a “buy” rating for the company in a research report on Friday, June 16th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. SouFun Holdings Limited currently has a consensus rating of “Hold” and a consensus price target of $3.73.

SouFun Holdings Limited 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.

Want to see what other hedge funds are holding SFUN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SouFun Holdings Limited (NYSE:SFUN).

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

Receive News & Ratings for SouFun Holdings Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SouFun Holdings Limited and related companies with MarketBeat.com's FREE daily email newsletter.