November 25, 2016 - By Darrin Black · 0 Comments
Yahoo Inc (NASDAQ:YHOO) institutional sentiment increased to 0.88 in 2016 Q2. Its up 0.05, from 0.83 in 2016Q1. The ratio is more positive, as 224 investment managers increased or opened new stock positions, while 269 decreased and sold their stock positions in Yahoo Inc. The investment managers in our partner’s database reported: 608.46 million shares, down from 699.40 million shares in 2016Q1. Also, the number of investment managers holding Yahoo Inc in their top 10 stock positions decreased from 61 to 47 for a decrease of 14. Sold All: 61 Reduced: 208 Increased: 174 New Position: 50.
Yahoo! Inc. , along with its subsidiaries, is engaged in digital information discovery. The company has a market cap of $39.04 billion. The Company’s divisions include the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific. It currently has negative earnings. The Firm 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.
About 117,391 shares traded hands. Yahoo! Inc. (NASDAQ:YHOO) has risen 9.28% since April 22, 2016 and is uptrending. It has outperformed by 3.88% the S&P500.
Analysts await Yahoo! Inc. (NASDAQ:YHOO) to report earnings on February, 7. They expect $0.14 earnings per share, up 600.00% or $0.12 from last year’s $0.02 per share. YHOO’s profit will be $133.40 million for 73.16 P/E if the $0.14 EPS becomes a reality. After $0.06 actual earnings per share reported by Yahoo! Inc. for the previous quarter, Wall Street now forecasts 133.33% EPS growth.
According to Zacks Investment Research, “Yahoo! Inc. is a global Internet communications, commerce and media company that offers a comprehensive branded network of services. As one of the first online navigational guides to the World Wide Web, Yahoo! is one of the leading guides in terms of traffic, advertising, and household and business user reach. The company also provides online business and enterprise services designed to enhance the productivity and Web presence of Yahoo!’s clients.”
Wingspan Investment Management Lp holds 49.52% of its portfolio in Yahoo! Inc. for 1.97 million shares. Courage Capital Management Llc owns 1.70 million shares or 35.69% of their US portfolio. Moreover, Owl Creek Asset Management L.P. has 35.69% invested in the company for 15.16 million shares. The New York-based Stonehill Capital Management Llc has invested 35% in the stock. Indaba Capital Management L.P., a California-based fund reported 2.30 million shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 16 insider sales for $368,010 net activity.
Ratings analysis reveals 48% of Yahoo! Inc.’s analysts are positive. Out of 33 Wall Street analysts rating Yahoo! Inc., 16 give it “Buy”, 1 “Sell” rating, while 16 recommend “Hold”. The lowest target is $31 while the high is $62. The stock’s average target of $41.99 is 2.49% above today’s ($40.97) share price. YHOO was included in 105 notes of analysts from July 22, 2015. FBR Capital maintained the stock with “Buy” rating in Monday, September 21 report. As per Tuesday, July 26, the company rating was maintained by Credit Suisse. The stock of Yahoo! Inc. (NASDAQ:YHOO) earned “Outperform” rating by FBR Capital on Wednesday, February 3. Nomura maintained it with “Neutral” rating and $39 target price in Tuesday, July 19 report. The firm has “Buy” rating given on Tuesday, October 20 by S&P Research. The stock has “Buy” rating given by UBS on Thursday, August 13. The firm has “Neutral” rating by Mizuho given on Wednesday, October 21. The firm has “Sector Weight” rating given on Tuesday, July 19 by Pacific Crest. M Partners maintained the shares of YHOO in a report on Monday, October 17 with “Buy” rating. The firm earned “Buy” rating on Friday, October 9 by Needham.
Yahoo! Inc. (Yahoo), along with its subsidiaries, incorporated in 1995, is engaged in digital information discovery. The Firm 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 over four verticals, such as Yahoo News, Yahoo Sports, Yahoo Finance and Yahoo Lifestyle. The Company’s divisions include the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific.
Another recent and important Yahoo! Inc. (NASDAQ:YHOO) news was published by Wsj.com which published an article titled: “Yahoo Looking to Determine If Hacker Has Access to User Accounts” on November 09, 2016.
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By Darrin Black