YuMe Inc (YUME) Shares Bought by Dimensional Fund Advisors LP
Dimensional Fund Advisors LP lifted its holdings in shares of YuMe Inc (NYSE:YUME) by 32.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 358,254 shares of the business services provider’s stock after acquiring an additional 86,830 shares during the period. Dimensional Fund Advisors LP owned 1.05% of YuMe worth $1,684,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Campbell & CO Investment Adviser LLC acquired a new stake in shares of YuMe during the 2nd quarter worth about $199,000. Algert Global LLC acquired a new position in YuMe during the second quarter worth approximately $566,000. Acadian Asset Management LLC increased its position in YuMe by 31.7% during the second quarter. Acadian Asset Management LLC now owns 324,428 shares of the business services provider’s stock worth $1,524,000 after buying an additional 78,146 shares during the period. Bank of America Corp DE increased its position in YuMe by 877.7% during the first quarter. Bank of America Corp DE now owns 67,458 shares of the business services provider’s stock worth $276,000 after buying an additional 60,558 shares during the period. Finally, Renaissance Technologies LLC increased its position in YuMe by 12.9% during the first quarter. Renaissance Technologies LLC now owns 519,877 shares of the business services provider’s stock worth $2,126,000 after buying an additional 59,350 shares during the period. 47.74% of the stock is currently owned by institutional investors and hedge funds.
Several research analysts have commented on the company. ValuEngine lowered YuMe from a “hold” rating to a “sell” rating in a research report on Friday, September 15th. TheStreet raised YuMe from a “c” rating to a “b-” rating in a research report on Wednesday, August 23rd.
YuMe Inc (NYSE:YUME) traded down $0.09 on Thursday, reaching $3.64. The company’s stock had a trading volume of 55,600 shares, compared to its average volume of 148,512. The firm has a market capitalization of $130.35, a price-to-earnings ratio of 37.30 and a beta of 0.55. YuMe Inc has a 52 week low of $3.34 and a 52 week high of $6.06. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.19 and a current ratio of 2.19.
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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