Rational Advisors LLC Has $56,000 Stock Position in Viacom, Inc. (NASDAQ:VIAB)

Rational Advisors LLC increased its position in shares of Viacom, Inc. (NASDAQ:VIAB) by 188.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,330 shares of the company’s stock after purchasing an additional 1,522 shares during the quarter. Rational Advisors LLC’s holdings in Viacom were worth $56,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. River & Mercantile Asset Management LLP raised its position in shares of Viacom by 52.2% in the 3rd quarter. River & Mercantile Asset Management LLP now owns 290,040 shares of the company’s stock valued at $6,968,000 after acquiring an additional 99,530 shares during the period. Tower Research Capital LLC TRC raised its position in shares of Viacom by 535.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 54,091 shares of the company’s stock valued at $1,299,000 after acquiring an additional 45,585 shares during the period. Thompson Investment Management Inc. raised its position in shares of Viacom by 1.7% in the 3rd quarter. Thompson Investment Management Inc. now owns 126,852 shares of the company’s stock valued at $3,048,000 after acquiring an additional 2,102 shares during the period. Daiwa Securities Group Inc. raised its position in shares of Viacom by 8.7% in the 3rd quarter. Daiwa Securities Group Inc. now owns 14,170 shares of the company’s stock valued at $341,000 after acquiring an additional 1,130 shares during the period. Finally, Creative Planning raised its position in shares of Viacom by 0.8% in the 3rd quarter. Creative Planning now owns 57,631 shares of the company’s stock valued at $1,385,000 after acquiring an additional 458 shares during the period. Institutional investors and hedge funds own 75.89% of the company’s stock.

Shares of VIAB stock opened at $23.06 on Friday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.15 and a current ratio of 1.38. The company’s 50 day moving average price is $22.58 and its two-hundred day moving average price is $27.04. Viacom, Inc. has a 52 week low of $20.93 and a 52 week high of $33.35. The company has a market capitalization of $9.06 billion, a P/E ratio of 5.68, a price-to-earnings-growth ratio of 0.75 and a beta of 1.35.

Viacom (NASDAQ:VIAB) last released its quarterly earnings data on Thursday, November 14th. The company reported $0.79 EPS for the quarter, topping the Zacks’ consensus estimate of $0.76 by $0.03. Viacom had a net margin of 12.06% and a return on equity of 20.04%. The firm had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.44 billion. During the same period in the previous year, the business posted $0.99 earnings per share. The company’s revenue for the quarter was down 1.5% compared to the same quarter last year. Analysts forecast that Viacom, Inc. will post 4.25 earnings per share for the current year.

A number of analysts recently weighed in on VIAB shares. Guggenheim reiterated a “buy” rating on shares of Viacom in a research report on Wednesday, September 4th. Sanford C. Bernstein cut their price target on shares of Viacom from $27.00 to $21.00 and set an “underperform” rating on the stock in a research report on Tuesday, September 3rd. Wells Fargo & Co cut their price target on shares of Viacom from $23.00 to $18.00 and set an “underperform” rating on the stock in a research report on Wednesday, October 23rd. Barclays cut their price target on shares of Viacom from $33.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Monday, October 21st. Finally, Deutsche Bank upgraded shares of Viacom from a “hold” rating to a “buy” rating in a research report on Wednesday, August 14th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $31.13.

About Viacom

Viacom Inc operates media brands that create entertainment content worldwide. It operates through two segments, Media Networks and Filmed Entertainment. The Media Networks segment offers entertainment content, services, and related branded products for consumers through approximately 314 locally programmed and operated television channels, including Nickelodeon, MTV, BET, Comedy Central, Paramount Network, Nick Jr., VH1, TV Land, CMT, Logo, Channel 5, Milkshake!, Telefe, Colors, Paramount Channel, TeenNick, Nicktoons, Nick Music, MTV2, MTV Classic, MTV Live, BET Her, BET Gospel, and BET Hip Hop, as well as through online, mobile, and apps.

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Institutional Ownership by Quarter for Viacom (NASDAQ:VIAB)

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