Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of VIZIO Holding Corp. (NYSE:VZIO - Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 903,000 shares of the company's stock, valued at approximately $10,087,000. Healthcare of Ontario Pension Plan Trust Fund owned 0.45% of VIZIO as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in VIZIO by 13.6% in the 1st quarter. Vanguard Group Inc. now owns 7,686,512 shares of the company's stock worth $84,090,000 after buying an additional 918,300 shares in the last quarter. Pentwater Capital Management LP lifted its stake in shares of VIZIO by 1,294.9% in the second 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 in the last quarter. Alpine Associates Management Inc. lifted its stake in shares of VIZIO by 10.3% in the third 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 in the last quarter. Water Island Capital LLC boosted its holdings in VIZIO by 11.0% in the second quarter. Water Island Capital LLC now owns 3,192,078 shares of the company's stock valued at $34,474,000 after purchasing an additional 315,757 shares during the last quarter. Finally, Hsbc Holdings PLC grew its stake in VIZIO by 26.9% during the 2nd quarter. Hsbc Holdings PLC now owns 2,162,523 shares of the company's stock valued at $23,290,000 after purchasing an additional 457,893 shares in the last quarter. 66.24% of the stock is owned by institutional investors and hedge funds.
VIZIO Stock Performance
Shares of VZIO traded up $0.08 during midday trading on Friday, hitting $11.39. 3,214,239 shares of the stock traded hands, compared to its average volume of 3,114,989. The business's 50 day moving average price is $11.24 and its two-hundred day moving average price is $11.03. The firm has a market capitalization of $2.31 billion, a PE ratio of 1,139.00 and a beta of 2.03. VIZIO Holding Corp. has a 1-year low of $6.63 and a 1-year high of $11.40.
Analysts Set New Price Targets
Several analysts recently weighed in on the company. Needham & Company LLC reissued a "hold" rating on shares of VIZIO in a report on Wednesday, October 9th. Barrington Research downgraded VIZIO from a "strong-buy" rating to a "hold" rating in a report on Thursday, November 7th. Nine equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $11.08.
Check Out Our Latest Research Report on VZIO
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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