Trilogy Capital Inc. acquired a new stake in Viacom, Inc. (NASDAQ:VIAB) in the fourth quarter, Holdings Channel reports. The firm acquired 17,962 shares of the company’s stock, valued at approximately $553,000.

Other hedge funds have also made changes to their positions in the company. SeaCrest Wealth Management LLC acquired a new position in shares of Viacom in the fourth quarter valued at approximately $225,000. Marathon Trading Investment Management LLC acquired a new position in shares of Viacom in the third quarter valued at approximately $237,000. Lourd Capital LLC acquired a new position in shares of Viacom in the fourth quarter valued at approximately $252,000. IFM Investors Pty Ltd acquired a new position in shares of Viacom in the third quarter valued at approximately $269,000. Finally, Exane Derivatives grew its holdings in shares of Viacom by 293.2% in the third quarter. Exane Derivatives now owns 9,707 shares of the company’s stock valued at $270,000 after purchasing an additional 7,238 shares in the last quarter. Hedge funds and other institutional investors own 78.69% of the company’s stock.

Several research analysts have commented on the stock. BMO Capital Markets reiterated a “hold” rating and set a $30.00 price target on shares of Viacom in a report on Wednesday, October 18th. Deutsche Bank lowered their price target on shares of Viacom to $25.00 and set a “sell” rating for the company in a report on Monday, October 23rd. Barclays set a $32.00 price target on shares of Viacom and gave the stock a “hold” rating in a report on Friday, October 20th. Cowen reiterated a “hold” rating on shares of Viacom in a report on Friday, October 27th. Finally, UBS Group lowered their price target on shares of Viacom from $41.00 to $38.00 and set a “buy” rating for the company in a report on Friday, November 17th. Seven analysts have rated the stock with a sell rating, sixteen have given a hold rating and seven have issued a buy rating to the company’s stock. Viacom presently has a consensus rating of “Hold” and a consensus price target of $34.77.

Shares of Viacom, Inc. (NASDAQ:VIAB) opened at $33.44 on Monday. Viacom, Inc. has a 12-month low of $22.13 and a 12-month high of $46.72. The company has a market cap of $13,222.19, a price-to-earnings ratio of 6.57, a P/E/G ratio of 1.13 and a beta of 1.54. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.41 and a quick ratio of 1.14.

Viacom (NASDAQ:VIAB) last released its quarterly earnings results on Thursday, February 8th. The company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.94 by $0.09. Viacom had a net margin of 15.49% and a return on equity of 26.28%. The firm had revenue of $3.07 billion during the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter in the prior year, the firm earned $1.04 EPS. Viacom’s revenue for the quarter was down 7.6% on a year-over-year basis. equities analysts forecast that Viacom, Inc. will post 3.85 earnings per share for the current year.

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About Viacom

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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