Charles Schwab Investment Management Inc. Has $8.91 Million Stake in VIZIO Holding Corp. (NYSE:VZIO)

Charles Schwab Investment Management Inc. grew its stake in VIZIO Holding Corp. (NYSE:VZIO) by 1.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 797,457 shares of the company’s stock after purchasing an additional 9,251 shares during the period. Charles Schwab Investment Management Inc.’s holdings in VIZIO were worth $8,908,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of VZIO. Quest Partners LLC acquired a new stake in shares of VIZIO during the 2nd quarter valued at about $40,000. Future Financial Wealth Managment LLC acquired a new stake in shares of VIZIO during the 3rd quarter valued at about $45,000. Principal Financial Group Inc. boosted its position in shares of VIZIO by 19.1% during the 2nd quarter. Principal Financial Group Inc. now owns 12,004 shares of the company’s stock valued at $130,000 after acquiring an additional 1,926 shares in the last quarter. XTX Topco Ltd acquired a new stake in shares of VIZIO during the 2nd quarter valued at about $228,000. Finally, Sei Investments Co. acquired a new stake in shares of VIZIO during the 2nd quarter valued at about $236,000. 66.24% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

VIZIO Stock Performance

Shares of NYSE VZIO opened at $11.35 on Wednesday. VIZIO Holding Corp. has a 1-year low of $6.84 and a 1-year high of $11.40. The company has a market cap of $2.30 billion, a PE ratio of 1,135.00 and a beta of 2.00. The company has a 50-day moving average of $11.25 and a two-hundred day moving average of $11.07.

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.