Russell Investments Group Ltd. increased its position in Yellow Co. (NASDAQ:YELL – Get Rating) by 175.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,675 shares of the company’s stock after purchasing an additional 103,644 shares during the period. Russell Investments Group Ltd. owned approximately 0.32% of Yellow worth $475,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Amalgamated Bank bought a new position in shares of Yellow in the first quarter worth approximately $43,000. Point72 Hong Kong Ltd bought a new position in Yellow in the 1st quarter valued at approximately $45,000. PDT Partners LLC purchased a new stake in Yellow during the 1st quarter valued at $71,000. Counterpoint Mutual Funds LLC increased its holdings in shares of Yellow by 472.7% in the 1st quarter. Counterpoint Mutual Funds LLC now owns 11,161 shares of the company’s stock worth $78,000 after purchasing an additional 9,212 shares in the last quarter. Finally, Sunesis Advisors LLC purchased a new position in shares of Yellow in the second quarter worth $44,000. Institutional investors own 44.17% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms recently commented on YELL. TheStreet upgraded Yellow from a “d+” rating to a “c-” rating in a report on Tuesday, August 16th. Vertical Research cut shares of Yellow from a “buy” rating to a “hold” rating in a report on Friday, October 14th.
Yellow Price Performance
Yellow Corporation, through its subsidiaries, provides various transportation services primarily in North America. The company primarily offers less-than-truckload (LTL) shipments and supply chain solutions to transport industrial, commercial, and retail goods. It also provides customer-specific logistics solutions, including truckload, residential, and warehouse solutions, as well as ships apparels, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood, and other manufactured products or components.
- Get a free copy of the StockNews.com research report on Yellow (YELL)
- Edwards Life Sciences Stock Disaster Could Be Your Bounty
- It Not All Bad News for Advanced Micro Devices Stock
- After Doubling, First Solar May Keep Shining
- Barrick Gold is a Hold as Long as Gold Prices Stay Stagnant
- MarketBeat: Week in Review 10/31-11/4
Receive News & Ratings for Yellow Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yellow and related companies with MarketBeat.com's FREE daily email newsletter.