Mizuho Securities Usa adds YAHOO! INC COM (YHOO) to its portfolio

YAHOO! INC COM (YHOO) : Mizuho Securities Usa added new position in YAHOO! INC COM during the most recent quarter end. The investment management firm now holds 150,000 shares of YAHOO! INC COM which is valued at $5,622,000 , the company said in a statement filed on Apr 21, 2016 with the SEC.YAHOO! INC COM makes up approximately 1.40% of Mizuho Securities Usa’s portfolio.

YAHOO! INC COM closed down -0.16 points or -0.43% at $36.95 with 1,64,01,847 shares getting traded on Wednesday. Post opening the session at $37.52, the shares hit an intraday low of $36.63 and an intraday high of $37.59 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Cornerstone Advisors boosted its stake in YHOO in the latest quarter, The investment management firm added 148 additional shares and now holds a total of 875 shares of YAHOO! INC COM which is valued at $32,795. YAHOO! INC COM makes up approx 0.03% of Cornerstone Advisors’s portfolio. Oakbrook Investments sold out all of its stake in YHOO during the most recent quarter. The investment firm sold 52,650 shares of YHOO which is valued $1,922,252.Benjamin F. Edwards Company reduced its stake in YHOO by selling 1,000 shares or 14.51% in the most recent quarter. The Hedge Fund company now holds 5,891 shares of YHOO which is valued at $215,080. YAHOO! INC COM makes up approx 0.04% of Benjamin F. Edwards Company’s portfolio.Exxonmobil Investment Management Inc Tx boosted its stake in YHOO in the latest quarter, The investment management firm added 17,348 additional shares and now holds a total of 212,084 shares of YAHOO! INC COM which is valued at $7,743,187. YAHOO! INC COM makes up approx 0.17% of Exxonmobil Investment Management Inc Tx’s portfolio.

On the company’s financial health, YAHOO! INC COM reported $0.08 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 19, 2016. Analyst had a consensus of $0.07. The company had revenue of $859.00 million for the quarter, compared to analysts expectations of $845.90 million. The company’s revenue was down -17.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.15 EPS.

Many Wall Street Analysts have commented on YAHOO! INC COM. Company shares were Reiterated by Axiom Capital on Apr 20, 2016 to “Hold”, Firm has raised the Price Target to $ 37 from a previous price target of $36 .Company shares were Reiterated by RBC Capital Mkts on Apr 20, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 38 from a previous price target of $33 .Company shares were Reiterated by Piper Jaffray on Apr 20, 2016 to “Overweight”, Firm has raised the Price Target to $ 40 from a previous price target of $31 .

Yahoo! Inc. is a technology company. The Company is engaged in providing Internet search communication and digital content. The Company manages its business geographically: the Americas; Europe the Middle East and Africa (EMEA) and Asia Pacific. The Company’s products include Search Communications Digital content Flickr and Tumblr. Yahoo Search is a search engine serves as a starting point to navigate the Internet and discover information which is ranked and organized -based on their relevance to the query. Yahoo Mail connects users across mobile phones tablets and PC. Yahoo.com offers news and information including Yahoo original content and partner content. Flickr is a Web and mobile photo management and sharing service. Tumblr offers a Web platform and mobile applications (particularly on the iOS and Android platforms) that allow users to create share and curate content. Yahoo is also a digital publisher and advertising technology provider.

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