Jane Street Group LLC Grows Stock Holdings in VIZIO Holding Corp. (NYSE:VZIO)

Jane Street Group LLC raised its stake in VIZIO Holding Corp. (NYSE:VZIO) by 5.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 161,792 shares of the company’s stock after buying an additional 8,339 shares during the period. Jane Street Group LLC owned approximately 0.08% of VIZIO worth $1,807,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of VZIO. Point72 DIFC Ltd purchased a new position in VIZIO in the 3rd quarter valued at approximately $130,000. Murchinson Ltd. purchased a new position in shares of VIZIO in the third quarter valued at $201,000. Centiva Capital LP raised its stake in shares of VIZIO by 23.0% during the 3rd quarter. Centiva Capital LP now owns 1,875,000 shares of the company’s stock worth $20,944,000 after buying an additional 350,000 shares during the last quarter. Cinctive Capital Management LP purchased a new stake in shares of VIZIO in the 3rd quarter worth about $8,936,000. Finally, Atom Investors LP acquired a new stake in VIZIO in the 3rd quarter valued at about $537,000. 66.24% of the stock is currently owned by institutional investors and hedge funds.

VIZIO Stock Performance

Shares of NYSE VZIO opened at $11.35 on Thursday. The firm has a market cap of $2.30 billion, a P/E ratio of 1,135.00 and a beta of 2.00. VIZIO Holding Corp. has a 1 year low of $6.84 and a 1 year high of $11.40. The firm’s 50 day moving average price is $11.28 and its 200 day moving average price is $11.12.

Analyst Ratings Changes

VZIO has been the topic of several recent research reports. Barrington Research downgraded shares of VIZIO from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 7th. Needham & Company LLC restated a “hold” rating on shares of VIZIO in a research report on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $11.08.

About VIZIO

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.