Barclays PLC Has $1.63 Million Position in VIZIO Holding Corp. (NYSE:VZIO)

Barclays PLC grew its position in VIZIO Holding Corp. (NYSE:VZIO) by 346.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 146,307 shares of the company’s stock after purchasing an additional 113,518 shares during the period. Barclays PLC’s holdings in VIZIO were worth $1,634,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VZIO. Quest Partners LLC bought a new stake in VIZIO during the second quarter worth approximately $40,000. Future Financial Wealth Managment LLC acquired a new position in shares of VIZIO during the 3rd quarter worth about $45,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in VIZIO during the 3rd quarter valued at approximately $45,000. FMR LLC grew its holdings in VIZIO by 77.9% in the 3rd quarter. FMR LLC now owns 6,256 shares of the company’s stock valued at $70,000 after buying an additional 2,739 shares during the last quarter. Finally, Principal Financial Group Inc. increased its position in VIZIO by 19.1% in the 2nd quarter. Principal Financial Group Inc. now owns 12,004 shares of the company’s stock worth $130,000 after buying an additional 1,926 shares during the period. Institutional investors own 66.24% of the company’s stock.

Analysts Set New Price Targets

VZIO has been the subject of several research reports. Barrington Research cut 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. Nine equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $11.08.

VIZIO Stock Performance

VZIO opened at $11.35 on Friday. The stock has a market capitalization of $2.30 billion, a PE ratio of 1,135.00 and a beta of 2.00. The firm has a 50-day moving average price of $11.28 and a two-hundred day moving average price of $11.13. VIZIO Holding Corp. has a 1-year low of $6.84 and a 1-year high of $11.40.

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.