YuMe, Inc. (NYSE:YUME) announced a quarterly dividend on Wednesday, August 9th, Wall Street Journal reports. Shareholders of record on Friday, September 29th will be paid a dividend of 0.03 per share by the business services provider on Monday, October 9th. This represents a $0.12 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend is Thursday, September 28th.
YuMe (YUME) traded up 0.42% during trading on Friday, reaching $4.80. 209,007 shares of the company were exchanged. The stock has a market capitalization of $165.78 million, a price-to-earnings ratio of 41.74 and a beta of 0.62. The firm’s 50 day moving average price is $4.52 and its 200-day moving average price is $4.21. YuMe has a one year low of $3.11 and a one year 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, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.09. The firm had revenue of $42.82 million during the quarter. YuMe had a return on equity of 4.36% and a net margin of 2.46%. On average, equities research analysts predict that YuMe will post $0.25 earnings per share for the current year.
Separately, ValuEngine raised 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 four have assigned a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $3.42.
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A hedge fund recently raised its stake in YuMe stock. Northern Trust Corp boosted its position in shares of YuMe, Inc. (NYSE:YUME) by 4.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,851 shares of the business services provider’s stock after buying an additional 2,333 shares during the period. Northern Trust Corp owned approximately 0.17% of YuMe worth $267,000 at the end of the most recent reporting period. 37.71% of the stock is currently owned by institutional investors.
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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