Worth Watching Stock Yahoo! Inc. (YHOO)

Angelica Greene
May 20, 2017

Yahoo! Inc. (NASDAQ:YHOO)'s stock had its "buy" rating reiterated by stock analysts at MKM Partners in a research report issued on Wednesday. The Company focuses on informing, connecting and entertaining its users with its search (Yahoo search), communications, including Yahoo Mail and Yahoo Messenger, and digital content products, including Tumblr, and its four verticals, such as Yahoo News, Yahoo Sports, Yahoo Finance and Yahoo Lifestyle. 663.52 million shares or 5.16% more from 630.97 million shares in 2016Q3 were reported. Cantor Fitzgerald reiterated an "overweight" rating and issued a $51.00 target price (up from $50.00) on shares of Yahoo! in a research note on Tuesday, January 24th. The stock rose 2.24% or $1.11 reaching $50.74. However the company reported $0.09 earnings per share for the same quarter during previous year. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 2.83 on scale of 1-5. The stock now has a consensus rating of "Hold" and an average target price of $46.70. (NASDAQ:YHOO). Jpmorgan Chase And, a New York-based fund reported 2.50M shares.

If we look at stock performance in last active day trading, we see that stock has moved went down -3.92% to end the day at $13.97. The stock now has a Market Cap of $192.05B. Company's distance from 20 day simple moving average is 1.88% and distance from 50-Day simple moving average is 4.77%. Yahoo! also saw some unusual options trading on Monday. The stock has "Buy" rating by FBR Capital on Monday, September 21. This is an increase of 560% compared to the typical daily volume of 6,641 call options.

Yahoo! had a positive return on equity of 0.65% and a negative net margin of 4.15%. (NASDAQ:YHOO) last posted its quarterly earnings data on Tuesday, April 18th. Yahoo! The firm had revenue of $833.80 million during the quarter, compared to the consensus estimate of $814.32 million.

Last time, the company shocked Wall Street by reporting EPS of $0.45, smashing the consensus of $0.44 per share. Finally, Credit Suisse AG boosted its stake in Yahoo! by 5.9% in the first quarter.

ILLEGAL ACTIVITY WARNING: This piece was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another domain, it was stolen and republished in violation of United States and worldwide copyright and trademark law. The Company has 52-week high of $51.12 and 52-week low of $35.05. Utzschneider Lisa sold $26,446 worth of stock. Iridian Asset Management LLC CT now owns 9,690,965 shares of the digital content provider's stock valued at $374,750,000 after buying an additional 730,813 shares during the period. The sale was disclosed in a filing with the SEC, which is accessible through this link. However the six-month change in the insider ownership was recorded -0.91%, as well as three-month change in the institutional ownership was recorded 1.31%.

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YHOO has been the topic of several other reports. Comerica Bank boosted its stake in shares of Yahoo! by 1.7% in the fourth quarter. Yahoo! reported earnings per share of ($0.05) in the same quarter last year, which would indicate a positive year-over-year growth rate of 280%. Mason Capital Management LLC acquired a new stake in shares of Yahoo! during the third quarter worth about $244,343,000. Coronation Fund Managers Ltd. now owns 1,116,786 shares of the digital content provider's stock worth $48,134,000 after buying an additional 120,592 shares during the last quarter.

Claar Advisors Llc increased Yahoo Inc (YHOO) stake by 18.67% reported in 2016Q4 SEC filing. Edmond DE Rothschild Monaco acquired a new stake in shares of Yahoo! during the third quarter worth about $129,000. The fund owned 25,000 shares of the digital content provider's stock after selling 1,100,000 shares during the period. Finally, Boston Private Wealth LLC raised its position in shares of Yahoo! by 1.0% in the first quarter.

A number of large investors have recently modified their holdings of the stock.

Yahoo! Inc., along with its subsidiaries, is engaged in digital information discovery.

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