National Pension Service raised its position in shares of Yahoo Inc. (NASDAQ:YHOO) by 8.6% during the third quarter, Holdings Channel reports. The institutional investor owned 631,337 shares of the digital content provider’s stock after buying an additional 50,105 shares during the period. National Pension Service’s holdings in Yahoo were worth $27,211,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of YHOO. Vanguard Group Inc. increased its position in shares of Yahoo by 2.2% in the second quarter. Vanguard Group Inc. now owns 53,298,983 shares of the digital content provider’s stock worth $2,001,909,000 after buying an additional 1,126,726 shares during the period. Canyon Capital Advisors LLC increased its position in shares of Yahoo by 66.9% in the second quarter. Canyon Capital Advisors LLC now owns 18,572,403 shares of the digital content provider’s stock worth $697,579,000 after buying an additional 7,445,247 shares during the period. Iridian Asset Management LLC CT increased its position in shares of Yahoo by 13.2% in the second quarter. Iridian Asset Management LLC CT now owns 9,790,482 shares of the digital content provider’s stock worth $367,731,000 after buying an additional 1,141,403 shares during the period. BlackRock Group LTD increased its position in shares of Yahoo by 1.8% in the second quarter. BlackRock Group LTD now owns 7,277,040 shares of the digital content provider’s stock worth $273,327,000 after buying an additional 129,920 shares during the period. Finally, Primecap Management Co. CA increased its position in shares of Yahoo by 6.1% in the second quarter. Primecap Management Co. CA now owns 6,300,380 shares of the digital content provider’s stock worth $236,642,000 after buying an additional 362,300 shares during the period. Institutional investors and hedge funds own 77.67% of the company’s stock.

Institutional Ownership by Quarter for Yahoo (NASDAQ:YHOO)

Yahoo Inc. (NASDAQ:YHOO) traded down 0.495% during midday trading on Tuesday, hitting $41.245. 1,923,035 shares of the stock were exchanged. The firm’s market capitalization is $39.35 billion. Yahoo Inc. has a 1-year low of $26.15 and a 1-year high of $44.92. The firm’s 50-day moving average price is $41.44 and its 200 day moving average price is $40.21.

Yahoo (NASDAQ:YHOO) last posted its earnings results on Tuesday, October 18th. The digital content provider reported $0.20 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.06. Yahoo had a negative net margin of 96.74% and a positive return on equity of 0.16%. The company had revenue of $857 million for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the prior year, the business posted $0.15 EPS. The firm’s revenue was down 14.6% compared to the same quarter last year. Analysts expect that Yahoo Inc. will post $0.58 earnings per share for the current fiscal year.

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A number of brokerages have commented on YHOO. Vetr downgraded Yahoo from a “hold” rating to a “sell” rating and set a $43.29 target price on the stock. in a research note on Tuesday, September 6th. SunTrust Banks Inc. restated a “neutral” rating and issued a $42.00 target price on shares of Yahoo in a research note on Thursday, September 22nd. Robert W. Baird restated a “neutral” rating and issued a $42.00 target price on shares of Yahoo in a research note on Friday, September 23rd. Bank of America Corp. restated a “buy” rating and issued a $55.00 target price on shares of Yahoo in a research note on Friday, September 23rd. Finally, Oppenheimer Holdings Inc. restated an “outperform” rating and issued a $55.00 target price (up previously from $48.00) on shares of Yahoo in a research note on Monday, September 19th. One equities research analyst has rated the stock with a sell rating, twenty-two have issued a hold rating and sixteen have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $42.91.

In other Yahoo news, CRO Lisa Utzschneider sold 732 shares of the company’s stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $41.20, for a total value of $30,158.40. Following the completion of the sale, the executive now directly owns 593,518 shares of the company’s stock, valued at approximately $24,452,941.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 9.20% of the stock is currently owned by corporate insiders.

About Yahoo

Yahoo! Inc (Yahoo), along with its subsidiaries, is engaged in digital information discovery. The Company’s segments include the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific. 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.

5 Day Chart for NASDAQ:YHOO

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