TheStreet upgraded shares of YuMe, Inc. (NYSE:YUME) from a c rating to a b- rating in a research note published on Wednesday morning.

Separately, ValuEngine upgraded shares of YuMe from a sell rating to a hold rating in a research report on Friday, May 19th. One analyst has rated the stock with a sell rating and three have issued a hold rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of $3.42.

Shares of YuMe (NYSE YUME) traded down 0.57% during mid-day trading on Wednesday, hitting $5.27. The stock had a trading volume of 284,124 shares. The firm has a market cap of $182.02 million, a PE ratio of 45.83 and a beta of 0.62. The stock’s 50-day moving average price is $4.57 and its 200-day moving average price is $4.25. YuMe has a 52-week low of $3.11 and a 52-week high of $5.85.

YuMe (NYSE:YUME) last released its quarterly earnings results on Tuesday, August 8th. The business services provider reported $0.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.09. The company had revenue of $42.82 million for the quarter. YuMe had a net margin of 2.46% and a return on equity of 4.36%. On average, analysts anticipate that YuMe will post $0.25 earnings per share for the current fiscal year.

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The company also recently declared a quarterly dividend, which will be paid on Monday, October 9th. Investors of record on Friday, September 29th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.12 annualized dividend and a yield of 2.26%. YuMe’s dividend payout ratio is presently 30.00%.

Hedge funds have recently added to or reduced their stakes in the stock. Northern Trust Corp raised its stake in YuMe by 4.3% in the second quarter. Northern Trust Corp now owns 56,851 shares of the business services provider’s stock valued at $267,000 after buying an additional 2,333 shares in the last quarter. Algert Global LLC purchased a new stake in YuMe during the second quarter valued at approximately $566,000. Campbell & CO Investment Adviser LLC purchased a new stake in YuMe during the second quarter valued at approximately $199,000. Acadian Asset Management LLC raised its stake in YuMe by 31.7% in the second quarter. Acadian Asset Management LLC now owns 324,428 shares of the business services provider’s stock valued at $1,524,000 after buying an additional 78,146 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in YuMe by 877.7% in the first quarter. Bank of America Corp DE now owns 67,458 shares of the business services provider’s stock valued at $276,000 after buying an additional 60,558 shares in the last quarter. Institutional investors own 37.71% of the company’s stock.

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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