Shares of YuMe, Inc. (NYSE:YUME) have been given a consensus recommendation of “Hold” by the seven brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $3.17.

Separately, ValuEngine upgraded YuMe from a “sell” rating to a “hold” rating in a report on Friday, May 19th.

Shares of YuMe (NYSE YUME) traded up 2.87% during midday trading on Friday, reaching $4.30. 91,416 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $4.71 and its 200 day moving average price is $4.14. YuMe has a 52-week low of $3.11 and a 52-week high of $5.85. The firm’s market capitalization is $147.12 million.

The company also recently declared a special dividend, which was paid on Friday, July 7th. Investors of record on Monday, July 3rd were issued a $0.03 dividend. The ex-dividend date was Thursday, June 29th. YuMe’s dividend payout ratio is -33.33%.

A number of institutional investors have recently added to or reduced their stakes in YUME. Bank of New York Mellon Corp raised its position in YuMe by 0.6% in the first quarter. Bank of New York Mellon Corp now owns 34,616 shares of the business services provider’s stock valued at $141,000 after buying an additional 207 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new position in YuMe during the second quarter valued at $199,000. Acrospire Investment Management LLC raised its position in YuMe by 9.0% in the first quarter. Acrospire Investment Management LLC now owns 51,606 shares of the business services provider’s stock valued at $211,000 after buying an additional 4,276 shares during the last quarter. Bank of America Corp DE raised its position 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 during the last quarter. Finally, Algert Global LLC bought a new position in YuMe during the second quarter valued at $566,000. 38.00% of the stock is currently owned by hedge funds and other institutional investors.

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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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