Yahoo Inc. (NASDAQ:YHOO) had its price target boosted by MKM Partners from $44.00 to $51.00 in a research note released on Monday. MKM Partners currently has a buy rating on the digital content provider’s stock.

YHOO has been the topic of several other reports. Bank of America Corp. reissued a buy rating and set a $53.00 target price (up from $50.00) on shares of Yahoo in a research note on Tuesday, August 23rd. Vetr raised shares of Yahoo from a sell rating to a hold rating and set a $43.17 price target on the stock in a research note on Monday, September 5th. SunTrust Banks Inc. reaffirmed a neutral rating on shares of Yahoo in a research note on Friday, September 30th. Oppenheimer Holdings Inc. reaffirmed an outperform rating and issued a $55.00 price target (up from $48.00) on shares of Yahoo in a research note on Monday, September 19th. Finally, Robert W. Baird reaffirmed a neutral rating and issued a $42.00 price target on shares of Yahoo in a research note on Friday, September 23rd. Two research analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and sixteen have given a buy rating to the company’s stock. Yahoo presently has a consensus rating of Hold and a consensus price target of $41.04.

Yahoo (NASDAQ:YHOO) traded up 1.72% during trading on Monday, reaching $42.51. The company’s stock had a trading volume of 1,822,119 shares. The firm’s market capitalization is $40.46 billion. Yahoo has a 52 week low of $26.15 and a 52 week high of $44.92. The firm has a 50-day moving average price of $43.16 and a 200-day moving average price of $39.26.

Yahoo (NASDAQ:YHOO) last announced its earnings results on Monday, July 18th. The digital content provider reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.01. Yahoo had a negative net margin of 100.08% and a positive return on equity of 0.32%. The firm had revenue of $842 million for the quarter, compared to analyst estimates of $1.08 billion. During the same period last year, the firm earned $0.16 earnings per share. Yahoo’s revenue for the quarter was down 19.3% compared to the same quarter last year. On average, equities analysts anticipate that Yahoo will post $0.49 EPS for the current fiscal year.

In other Yahoo news, CRO Lisa Utzschneider sold 732 shares of the business’s stock in a transaction dated Monday, August 22nd. The shares were sold at an average price of $42.84, for a total value of $31,358.88. Following the completion of the sale, the executive now owns 612,081 shares of the company’s stock, valued at approximately $26,221,550.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 9.20% of the stock is currently owned by company insiders.

A number of hedge funds have recently bought and sold shares of YHOO. TCI Fund Management Ltd. acquired a new stake in Yahoo during the first quarter worth about $530,211,000. Canyon Capital Advisors LLC increased its stake in 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 in the last quarter. Natixis increased its stake in Yahoo by 33.7% in the first quarter. Natixis now owns 14,099,072 shares of the digital content provider’s stock worth $518,987,000 after buying an additional 3,552,539 shares in the last quarter. Jericho Capital Asset Management L.P. acquired a new stake in Yahoo during the first quarter worth about $123,399,000. Finally, State Street Corp increased its stake in Yahoo by 9.9% in the first quarter. State Street Corp now owns 36,235,550 shares of the digital content provider’s stock worth $1,333,822,000 after buying an additional 3,253,009 shares in the last quarter. 73.86% of the stock is owned by hedge funds and other institutional investors.

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.

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