Disciplined Growth Investors Inc. MN decreased its stake in shares of VIZIO Holding Corp. (NYSE:VZIO - Free Report) by 54.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,576,110 shares of the company's stock after selling 1,864,810 shares during the period. Disciplined Growth Investors Inc. MN owned 0.78% of VIZIO worth $17,605,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in VZIO. Pentwater Capital Management LP raised its stake in VIZIO by 1,294.9% in the 2nd quarter. Pentwater Capital Management LP now owns 6,800,000 shares of the company's stock valued at $73,440,000 after purchasing an additional 6,312,500 shares during the last quarter. Alpine Associates Management Inc. raised its position 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 valued at $37,956,000 after buying an additional 317,765 shares during the last quarter. Water Island Capital LLC lifted its stake in shares of VIZIO by 11.0% during the second quarter. Water Island Capital LLC now owns 3,192,078 shares of the company's stock valued at $34,474,000 after buying an additional 315,757 shares during the period. Hsbc Holdings PLC grew its stake in VIZIO by 26.9% in the 2nd quarter. Hsbc Holdings PLC now owns 2,162,523 shares of the company's stock worth $23,290,000 after acquiring an additional 457,893 shares during the period. Finally, Centiva Capital LP raised its holdings in VIZIO by 23.0% in the 3rd quarter. Centiva Capital LP now owns 1,875,000 shares of the company's stock valued at $20,944,000 after acquiring an additional 350,000 shares during the last quarter. 66.24% of the stock is currently owned by hedge funds and other institutional investors.
VIZIO Price Performance
Shares of VIZIO stock remained flat at $11.35 during trading hours on Tuesday. The company has a market capitalization of $2.30 billion, a PE ratio of 1,135.00 and a beta of 2.00. The stock has a 50-day simple moving average of $11.25 and a two-hundred day simple moving average of $11.07. VIZIO Holding Corp. has a 1-year low of $6.84 and a 1-year high of $11.40.
Analyst Upgrades and Downgrades
VZIO has been the topic of several analyst reports. Barrington Research cut VIZIO from a "strong-buy" rating to a "hold" rating in a report on Thursday, November 7th. Needham & Company LLC reissued 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 stock presently has an average rating of "Hold" and an average target price of $11.08.
View Our Latest Analysis 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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