Universal Beteiligungs und Servicegesellschaft mbH Makes New $4.37 Million Investment in Yelp Inc. (NYSE:YELP)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Yelp Inc. (NYSE:YELP - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 112,876 shares of the local business review company's stock, valued at approximately $4,368,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.17% of Yelp as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in YELP. Asset Management One Co. Ltd. grew its position in shares of Yelp by 16.9% in the fourth quarter. Asset Management One Co. Ltd. now owns 1,815 shares of the local business review company's stock valued at $70,000 after purchasing an additional 263 shares during the last quarter. Allworth Financial LP boosted its stake in Yelp by 82.5% during the 4th quarter. Allworth Financial LP now owns 637 shares of the local business review company's stock valued at $25,000 after purchasing an additional 288 shares during the period. State of Wyoming boosted its stake in Yelp by 3.5% during the 4th quarter. State of Wyoming now owns 9,030 shares of the local business review company's stock valued at $349,000 after purchasing an additional 307 shares during the period. Summit Investment Advisors Inc. grew its holdings in Yelp by 5.3% in the 4th quarter. Summit Investment Advisors Inc. now owns 6,767 shares of the local business review company's stock valued at $262,000 after buying an additional 341 shares during the last quarter. Finally, Martingale Asset Management L P increased its position in Yelp by 0.8% in the 4th quarter. Martingale Asset Management L P now owns 60,697 shares of the local business review company's stock worth $2,349,000 after buying an additional 457 shares during the period. 90.11% of the stock is owned by institutional investors.

Yelp Stock Up 1.0%

YELP traded up $0.36 during trading on Tuesday, reaching $37.51. 658,511 shares of the company's stock were exchanged, compared to its average volume of 740,452. Yelp Inc. has a fifty-two week low of $32.29 and a fifty-two week high of $41.72. The business has a 50 day moving average price of $36.31 and a 200 day moving average price of $37.36. The company has a market capitalization of $2.39 billion, a P/E ratio of 19.54, a PEG ratio of 0.76 and a beta of 0.99.

Yelp (NYSE:YELP - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The local business review company reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.05. The company had revenue of $358.53 million during the quarter, compared to the consensus estimate of $353.48 million. Yelp had a net margin of 9.41% and a return on equity of 18.07%. The firm's revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period last year, the firm earned $0.20 EPS. As a group, research analysts forecast that Yelp Inc. will post 2.22 EPS for the current year.

Insider Buying and Selling at Yelp

In other news, CTO Sam Eaton sold 12,904 shares of the firm's stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $38.18, for a total transaction of $492,674.72. Following the sale, the chief technology officer now owns 145,064 shares of the company's stock, valued at $5,538,543.52. This trade represents a 8.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO David A. Schwarzbach sold 10,000 shares of the stock in a transaction on Monday, April 14th. The stock was sold at an average price of $34.31, for a total transaction of $343,100.00. Following the sale, the chief financial officer now directly owns 239,112 shares of the company's stock, valued at $8,203,932.72. This represents a 4.01% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 56,328 shares of company stock worth $2,068,950. 8.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Morgan Stanley reduced their price objective on Yelp from $35.00 to $30.00 and set an "underweight" rating for the company in a research report on Thursday, April 17th. JPMorgan Chase & Co. cut their target price on shares of Yelp from $36.00 to $35.00 and set a "neutral" rating for the company in a research note on Tuesday, April 22nd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $34.00.

Yelp Profile

Yelp Inc operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services.