Changyou.Com Ltd (NASDAQ:CYOU) Stock Holdings Trimmed by Prudential Financial Inc.

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Prudential Financial Inc. lowered its holdings in shares of Changyou.Com Ltd (NASDAQ:CYOU) by 7.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 373,200 shares of the technology company’s stock after selling 30,200 shares during the period. Prudential Financial Inc. owned approximately 0.70% of Changyou.Com worth $3,586,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Acadian Asset Management LLC raised its stake in shares of Changyou.Com by 9.8% in the 2nd quarter. Acadian Asset Management LLC now owns 721,644 shares of the technology company’s stock worth $6,932,000 after buying an additional 64,409 shares in the last quarter. AJO LP raised its stake in shares of Changyou.Com by 1,345.8% in the 1st quarter. AJO LP now owns 595,821 shares of the technology company’s stock worth $10,189,000 after buying an additional 554,611 shares in the last quarter. Maso Capital Partners Ltd raised its stake in shares of Changyou.Com by 3.3% in the 1st quarter. Maso Capital Partners Ltd now owns 502,300 shares of the technology company’s stock worth $8,589,000 after buying an additional 15,900 shares in the last quarter. New York State Common Retirement Fund raised its stake in shares of Changyou.Com by 48.5% in the 1st quarter. New York State Common Retirement Fund now owns 194,179 shares of the technology company’s stock worth $3,320,000 after buying an additional 63,400 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Changyou.Com by 53.7% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 113,907 shares of the technology company’s stock worth $1,095,000 after buying an additional 39,775 shares in the last quarter. 26.24% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NASDAQ CYOU traded down $0.16 during mid-day trading on Friday, reaching $9.00. The company had a trading volume of 191,281 shares, compared to its average volume of 455,042. The stock has a market cap of $487.77 million, a PE ratio of 4.14 and a beta of 0.83. The company has a 50-day moving average price of $6.66 and a two-hundred day moving average price of $13.03. Changyou.Com Ltd has a 1-year low of $5.43 and a 1-year high of $22.27.

Changyou.Com (NASDAQ:CYOU) last issued its earnings results on Monday, August 5th. The technology company reported $0.27 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.11). The company had revenue of $118.71 million during the quarter, compared to analyst estimates of $111.92 million. Changyou.Com had a return on equity of 16.25% and a net margin of 24.82%. The business’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.52 earnings per share. Sell-side analysts predict that Changyou.Com Ltd will post 1.82 earnings per share for the current fiscal year.

A number of analysts have recently commented on CYOU shares. Zacks Investment Research downgraded Changyou.Com from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 7th. BidaskClub raised Changyou.Com from a “strong sell” rating to a “sell” rating in a research note on Tuesday, September 10th. Jefferies Financial Group began coverage on Changyou.Com in a research note on Monday, August 5th. They issued an “underperform” rating and a $6.90 price objective on the stock. Finally, ValuEngine upgraded Changyou.Com from a “strong sell” rating to a “sell” rating in a report on Tuesday, September 10th.

Changyou.Com Profile

Changyou.com Limited develops and operates online games in the People's Republic of China. The company operates through Online Game, Platform Channel, and Cinema Advertising segments. It develops, operates, and licenses online games, including interactive online games that are accessed and played simultaneously by various game players through personal computers; and mobile games played on mobile devices.

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Institutional Ownership by Quarter for Changyou.Com (NASDAQ:CYOU)

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