Citigroup Inc. Has $4.07 Million Stock Holdings in VIZIO Holding Corp. (NYSE:VZIO)

Citigroup Inc. lifted its holdings in VIZIO Holding Corp. (NYSE:VZIO) by 138.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 364,189 shares of the company’s stock after purchasing an additional 211,419 shares during the quarter. Citigroup Inc. owned about 0.18% of VIZIO worth $4,068,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VZIO. Pentwater Capital Management LP boosted its position in VIZIO by 1,294.9% during the 2nd quarter. Pentwater Capital Management LP now owns 6,800,000 shares of the company’s stock worth $73,440,000 after acquiring an additional 6,312,500 shares during the last quarter. Hsbc Holdings PLC boosted its position in VIZIO by 26.9% during the 2nd quarter. Hsbc Holdings PLC now owns 2,162,523 shares of the company’s stock worth $23,290,000 after acquiring an additional 457,893 shares during the last quarter. Alpine Associates Management Inc. boosted its position in VIZIO by 10.3% during the 3rd quarter. Alpine Associates Management Inc. now owns 3,398,063 shares of the company’s stock worth $37,956,000 after acquiring an additional 317,765 shares during the last quarter. Water Island Capital LLC boosted its position in VIZIO by 11.0% during the 2nd quarter. Water Island Capital LLC now owns 3,192,078 shares of the company’s stock worth $34,474,000 after acquiring an additional 315,757 shares during the last quarter. Finally, Gabelli Funds LLC boosted its position in VIZIO by 32.7% during the 2nd quarter. Gabelli Funds LLC now owns 1,186,716 shares of the company’s stock worth $12,817,000 after acquiring an additional 292,416 shares during the last quarter. 66.24% of the stock is currently owned by institutional investors and hedge funds.

VIZIO Trading Down 0.4 %

VIZIO stock opened at $11.35 on Wednesday. The company has a market capitalization of $2.30 billion, a PE ratio of 1,135.00 and a beta of 2.00. VIZIO Holding Corp. has a 12 month low of $6.84 and a 12 month high of $11.40. The stock has a 50-day moving average price of $11.24 and a two-hundred day moving average price of $11.04.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Barrington Research cut VIZIO from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 7th. Needham & Company LLC reiterated a “hold” rating on shares of VIZIO in a research note on Wednesday, October 9th. Nine research analysts have rated the stock with a hold rating, Based on data from MarketBeat, VIZIO presently has an average rating of “Hold” and a consensus price target of $11.08.

VIZIO Company Profile

VIZIO Holding Corp., through its subsidiaries, provides smart televisions, sound bars, and accessories in the United States. It also operates Platform+ that comprises SmartCast, a Smart TV operating system, enabling integrated entertainment solution, and data intelligence and services products through Inscape.