48,087 Shares in VIZIO Holding Corp. (NYSE:VZIO) Acquired by Atom Investors LP

Atom Investors LP acquired a new stake in shares of VIZIO Holding Corp. (NYSE:VZIO) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 48,087 shares of the company’s stock, valued at approximately $537,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VZIO. Verition Fund Management LLC lifted its position in shares of VIZIO by 124.5% during the 3rd quarter. Verition Fund Management LLC now owns 573,683 shares of the company’s stock worth $6,408,000 after buying an additional 318,134 shares during the last quarter. Water Island Capital LLC lifted its holdings in shares of VIZIO by 11.0% in the second 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. Wolverine Asset Management LLC boosted its stake in shares of VIZIO by 151.3% in the 3rd quarter. Wolverine Asset Management LLC now owns 89,199 shares of the company’s stock valued at $996,000 after purchasing an additional 53,700 shares in the last quarter. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of VIZIO in the 2nd quarter valued at approximately $1,636,000. Finally, Millennium Management LLC grew its holdings in shares of VIZIO by 10.6% during the 2nd quarter. Millennium Management LLC now owns 996,278 shares of the company’s stock valued at $10,760,000 after purchasing an additional 95,144 shares during the last quarter. 66.24% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on VZIO shares. Needham & Company LLC restated a “hold” rating on shares of VIZIO in a research report on Wednesday, October 9th. Barrington Research downgraded VIZIO from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 7th. Nine equities research analysts have rated the stock with a hold rating, According to MarketBeat, VIZIO presently has an average rating of “Hold” and an average price target of $11.08.

VIZIO Stock Down 0.4 %

Shares of VIZIO stock opened at $11.35 on Wednesday. The stock has a market cap of $2.30 billion, a price-to-earnings ratio of 1,135.00 and a beta of 2.00. VIZIO Holding Corp. has a twelve month low of $6.84 and a twelve month high of $11.40. The company’s fifty day moving average is $11.24 and its 200 day moving average is $11.04.

VIZIO 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.