VIZIO Holding Corp. (NYSE:VZIO) Receives $11.08 Consensus PT from Brokerages

Shares of VIZIO Holding Corp. (NYSE:VZIO) have earned an average rating of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat.com reports. Nine investment analysts have rated the stock with a hold rating. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $11.08.

Several brokerages recently issued reports on VZIO. Barrington Research downgraded VIZIO from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 7th. Needham & Company LLC reissued a “hold” rating on shares of VIZIO in a report on Wednesday, October 9th.

Institutional Investors Weigh In On VIZIO

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Virtu Financial LLC boosted its holdings in shares of VIZIO by 24.6% in the 3rd quarter. Virtu Financial LLC now owns 65,150 shares of the company’s stock valued at $728,000 after purchasing an additional 12,869 shares during the last quarter. Barclays PLC grew its position in shares of VIZIO by 346.2% during the third quarter. Barclays PLC now owns 146,307 shares of the company’s stock worth $1,634,000 after buying an additional 113,518 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of VIZIO by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,111,848 shares of the company’s stock valued at $23,594,000 after purchasing an additional 13,855 shares in the last quarter. XTX Topco Ltd grew its position in shares of VIZIO by 162.3% in the 3rd quarter. XTX Topco Ltd now owns 55,311 shares of the company’s stock worth $618,000 after acquiring an additional 34,228 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in VIZIO by 5.4% in the third quarter. Jane Street Group LLC now owns 161,792 shares of the company’s stock worth $1,807,000 after purchasing an additional 8,339 shares during the period. Hedge funds and other institutional investors own 66.24% of the company’s stock.

VIZIO Trading Up 0.7 %

Shares of VZIO opened at $11.39 on Thursday. VIZIO has a 12-month low of $6.63 and a 12-month high of $11.40. The stock has a market cap of $2.31 billion, a P/E ratio of 1,139.00 and a beta of 2.03. The company has a 50-day moving average of $11.24 and a two-hundred day moving average of $11.03.

VIZIO Company 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.