Citigroup Inc. raised its position in shares of VIZIO Holding Corp. (NYSE:VZIO - Free Report) by 138.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 364,189 shares of the company's stock after acquiring an additional 211,419 shares during the period. Citigroup Inc. owned approximately 0.18% of VIZIO worth $4,068,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in VIZIO during the second quarter valued at about $27,000. Quest Partners LLC acquired a new position in shares of VIZIO during the second quarter valued at about $40,000. Future Financial Wealth Managment LLC acquired a new position in shares of VIZIO during the third quarter valued at about $45,000. Principal Financial Group Inc. raised its position in shares of VIZIO by 19.1% during the second quarter. Principal Financial Group Inc. now owns 12,004 shares of the company's stock valued at $130,000 after buying an additional 1,926 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of VIZIO during the second quarter valued at about $228,000. 66.24% of the stock is currently owned by institutional investors.
VIZIO Stock Performance
NYSE:VZIO remained flat at $11.35 during mid-day trading on Wednesday. VIZIO Holding Corp. has a 12-month low of $6.84 and a 12-month high of $11.40. The stock has a market capitalization of $2.30 billion, a price-to-earnings ratio of 1,135.00 and a beta of 2.00. The business has a 50 day simple moving average of $11.24 and a two-hundred day simple moving average of $11.05.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the stock. Barrington Research lowered shares of VIZIO from a "strong-buy" rating to a "hold" rating in a research report on Thursday, November 7th. Needham & Company LLC reaffirmed a "hold" rating on shares of VIZIO in a research report on Wednesday, October 9th. Nine research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $11.08.
Get Our Latest Stock Analysis on VIZIO
About VIZIO
(
Free Report)
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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