Barclays PLC raised its holdings in VIZIO Holding Corp. (NYSE:VZIO – Free Report) by 346.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 146,307 shares of the company’s stock after buying an additional 113,518 shares during the quarter. Barclays PLC owned approximately 0.07% of VIZIO worth $1,634,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quest Partners LLC acquired a new position in shares of VIZIO during the 2nd quarter valued at $40,000. Future Financial Wealth Managment LLC bought a new stake in VIZIO in the third quarter valued at about $45,000. Point72 Asia Singapore Pte. Ltd. bought a new position in VIZIO during the third quarter worth $45,000. FMR LLC grew its position in shares of VIZIO by 77.9% during the 3rd quarter. FMR LLC now owns 6,256 shares of the company’s stock valued at $70,000 after buying an additional 2,739 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of VIZIO by 19.1% in the 2nd quarter. Principal Financial Group Inc. now owns 12,004 shares of the company’s stock worth $130,000 after purchasing an additional 1,926 shares during the last quarter. Institutional investors and hedge funds own 66.24% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the company. Barrington Research downgraded VIZIO from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 7th. Needham & Company LLC restated 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.com, the company presently has a consensus rating of “Hold” and an average target price of $11.08.
VIZIO Stock Performance
Shares of VIZIO stock opened at $11.35 on Friday. VIZIO Holding Corp. has a 52 week low of $6.84 and a 52 week high of $11.40. The stock has a market cap of $2.30 billion, a PE ratio of 1,135.00 and a beta of 2.00. The company’s 50-day moving average price is $11.28 and its two-hundred day moving average price is $11.13.
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.
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