Campbell & CO Investment Adviser LLC Invests $199,000 in YuMe, Inc. (NYSE:YUME)

Campbell & CO Investment Adviser LLC acquired a new stake in shares of YuMe, Inc. (NYSE:YUME) during the second quarter, according to its most recent filing with the SEC. The fund acquired 42,382 shares of the business services provider’s stock, valued at approximately $199,000.

A number of other hedge funds also recently modified their holdings of the stock. Bank of New York Mellon Corp raised its stake in shares of 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 worth $141,000 after buying an additional 207 shares during the period. Acrospire Investment Management LLC raised its stake in shares of YuMe by 9.0% in the first quarter. Acrospire Investment Management LLC now owns 51,606 shares of the business services provider’s stock worth $211,000 after buying an additional 4,276 shares during the period. Bank of America Corp DE raised its stake in shares of 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 worth $276,000 after buying an additional 60,558 shares during the period. Spark Investment Management LLC raised its stake in shares of YuMe by 24.1% in the first quarter. Spark Investment Management LLC now owns 194,900 shares of the business services provider’s stock worth $797,000 after buying an additional 37,900 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of YuMe by 12.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 242,774 shares of the business services provider’s stock worth $869,000 after buying an additional 27,066 shares during the period. Hedge funds and other institutional investors own 38.00% of the company’s stock.

Shares of YuMe, Inc. (NYSE YUME) opened at 4.18 on Friday. YuMe, Inc. has a 1-year low of $3.11 and a 1-year high of $5.85. The stock’s market capitalization is $143.01 million. The company’s 50 day moving average is $4.71 and its 200-day moving average is $4.14.

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

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Separately, ValuEngine upgraded shares of YuMe from a “sell” rating to a “hold” rating in a research note on Friday, May 19th. One analyst has rated the stock with a sell rating and six have given a hold rating to the stock. YuMe has a consensus rating of “Hold” and an average target price of $3.35.

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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