Aperio Group LLC boosted its stake in shares of Viacom, Inc. (NASDAQ:VIAB) by 191.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 297,496 shares of the company’s stock after buying an additional 195,253 shares during the quarter. Aperio Group LLC’s holdings in Viacom were worth $9,166,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Financial Engines Advisors L.L.C. raised its holdings in Viacom by 8.7% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 20,702 shares of the company’s stock valued at $638,000 after buying an additional 1,657 shares during the period. WealthTrust Axiom LLC raised its holdings in Viacom by 26.1% during the 4th quarter. WealthTrust Axiom LLC now owns 25,104 shares of the company’s stock valued at $773,000 after buying an additional 5,200 shares during the period. Victory Capital Management Inc. raised its holdings in Viacom by 10.5% during the 4th quarter. Victory Capital Management Inc. now owns 185,540 shares of the company’s stock valued at $5,716,000 after buying an additional 17,670 shares during the period. CIBC World Markets Inc. raised its holdings in Viacom by 21.6% during the 4th quarter. CIBC World Markets Inc. now owns 36,088 shares of the company’s stock valued at $1,112,000 after buying an additional 6,404 shares during the period. Finally, Mutual of America Capital Management LLC raised its holdings in Viacom by 174.4% during the 4th quarter. Mutual of America Capital Management LLC now owns 129,116 shares of the company’s stock valued at $3,978,000 after buying an additional 82,064 shares during the period. Institutional investors own 78.74% of the company’s stock.

Viacom, Inc. (NASDAQ VIAB) opened at $32.87 on Friday. Viacom, Inc. has a 12-month low of $22.13 and a 12-month high of $46.72. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.30 and a current ratio of 1.41. The stock has a market capitalization of $13,580.00, a price-to-earnings ratio of 6.57, a PEG ratio of 1.14 and a beta of 1.54.

Viacom (NASDAQ:VIAB) last posted its quarterly earnings results on Thursday, February 8th. The company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. Viacom had a return on equity of 26.28% and a net margin of 15.49%. The business had revenue of $3.07 billion for the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter in the prior year, the company earned $1.04 EPS. The business’s revenue was down 7.6% compared to the same quarter last year. research analysts forecast that Viacom, Inc. will post 3.82 earnings per share for the current fiscal year.

Several analysts recently weighed in on the company. B. Riley restated a “neutral” rating on shares of Viacom in a report on Wednesday, November 1st. BidaskClub lowered Viacom from a “hold” rating to a “sell” rating in a report on Monday, February 5th. Guggenheim restated a “hold” rating and set a $35.00 price target on shares of Viacom in a report on Friday. Piper Jaffray Companies restated a “hold” rating and set a $36.00 price target on shares of Viacom in a report on Friday. Finally, Zacks Investment Research lowered Viacom from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Seven investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $34.77.

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Viacom Company Profile

Viacom Inc offers global media brands that create television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences and other entertainment content. As of September 30, 2016, the Company offered its services for audiences in more than 180 countries.

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Institutional Ownership by Quarter for Viacom (NASDAQ:VIAB)

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