Versor Investments LP Has $2.58 Million Stake in VIZIO Holding Corp. (NYSE:VZIO)

Versor Investments LP grew its position in VIZIO Holding Corp. (NYSE:VZIO - Free Report) by 208.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 231,256 shares of the company's stock after acquiring an additional 156,206 shares during the period. VIZIO accounts for 0.4% of Versor Investments LP's portfolio, making the stock its 24th largest holding. Versor Investments LP owned about 0.12% of VIZIO worth $2,583,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in VIZIO by 13.6% in the 1st quarter. Vanguard Group Inc. now owns 7,686,512 shares of the company's stock valued at $84,090,000 after purchasing an additional 918,300 shares during the last quarter. Pentwater Capital Management LP raised its holdings 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 valued at $73,440,000 after buying an additional 6,312,500 shares during the last quarter. Magnetar Financial LLC acquired a new position in VIZIO during the 1st quarter worth about $43,318,000. Water Island Capital LLC grew its holdings 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, Alpine Associates Management Inc. increased its position in VIZIO by 9.7% in the 2nd quarter. Alpine Associates Management Inc. now owns 3,080,298 shares of the company's stock valued at $33,267,000 after acquiring an additional 271,650 shares in the last quarter. Institutional investors own 66.24% of the company's stock.

Analyst Ratings Changes

VZIO has been the topic of several research reports. Barrington Research downgraded VIZIO from a "strong-buy" rating to a "hold" rating in a report on Thursday. 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 MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $11.08.

VIZIO Trading Down 0.6 %

Shares of NYSE:VZIO traded down $0.07 during mid-day trading on Monday, reaching $11.23. The stock had a trading volume of 6,942,898 shares, compared to its average volume of 2,421,471. The firm has a market cap of $2.26 billion, a PE ratio of 1,130.00 and a beta of 2.03. The firm has a 50 day simple moving average of $11.22 and a two-hundred day simple moving average of $10.96. VIZIO Holding Corp. has a twelve month low of $6.29 and a twelve month high of $11.37.

Insiders Place Their Bets

In other news, insider Michael Joseph O'donnell sold 2,555 shares of the firm's stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of $11.13, for a total transaction of $28,437.15. Following the sale, the insider now owns 602,364 shares of the company's stock, valued at $6,704,311.32. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 44.68% of the company's stock.

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.