Toscafund Asset Management LLP

revealed that they own 7.2% of YuMe Inc (NYSE:YUME) in a Schedule 13G disclosure that was filed with the Securities and Exchange Commission (SEC) on Thursday, January 11th. The investor owns 2,511,070 shares of the stock worth approximately $12,053,136. The disclosure is available through the SEC website at this hyperlink.

Toscafund Asset Management LLP

provided the following explanation of their ownership:

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Algert Global LLC boosted its holdings in YuMe by 423.5% in the 3rd quarter. Algert Global LLC now owns 630,444 shares of the business services provider’s stock valued at $2,919,000 after purchasing an additional 510,013 shares during the period. Tenzing Global Management LLC bought a new position in YuMe in the 3rd quarter valued at $1,158,000. Dimensional Fund Advisors LP boosted its holdings in YuMe by 65.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 593,729 shares of the business services provider’s stock valued at $2,749,000 after purchasing an additional 235,475 shares during the period. Hillsdale Investment Management Inc. bought a new position in YuMe in the 3rd quarter valued at $821,000. Finally, Nationwide Fund Advisors bought a new position in YuMe in the 3rd quarter valued at $575,000. 48.03% of the stock is owned by institutional investors.

Shares of YuMe Inc (NYSE YUME) opened at $4.80 on Thursday. YuMe Inc has a fifty-two week low of $3.35 and a fifty-two week high of $6.06. The company has a current ratio of 2.19, a quick ratio of 2.19 and a debt-to-equity ratio of 0.01. The stock has a market cap of $164.25, a price-to-earnings ratio of 20.00 and a beta of 0.46.

A number of research firms have recently issued reports on YUME. TheStreet downgraded shares of YuMe from a “b-” rating to a “c+” rating in a report on Friday, October 20th. ValuEngine downgraded shares of YuMe from a “hold” rating to a “sell” rating in a report on Friday, September 15th.

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YuMe Company Profile

YuMe, Inc (YuMe) is an independent provider of multi-screen video advertising technology, connecting brand advertisers, digital media property owners and consumers of video content across a range of Internet-connected devices. The Company operating segments include Domestic and International. The Company offers advertising customers end-to-end marketing solutions by combining data-driven technologies with deep insight into audience behavior.

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Institutional Ownership by Quarter for YuMe (NYSE:YUME)

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