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

Atom Investors LP purchased a new stake in VIZIO Holding Corp. (NYSE:VZIO) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 48,087 shares of the company’s stock, valued at approximately $537,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Pentwater Capital Management LP raised its holdings in shares of VIZIO by 1,294.9% in the 2nd quarter. Pentwater Capital Management LP now owns 6,800,000 shares of the company’s stock valued at $73,440,000 after purchasing an additional 6,312,500 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in VIZIO in the third quarter valued at approximately $10,087,000. Bardin Hill Management Partners LP acquired a new stake in shares of VIZIO in the third quarter valued at approximately $8,069,000. Hsbc Holdings PLC boosted its stake in shares of VIZIO by 26.9% during the 2nd quarter. Hsbc Holdings PLC now owns 2,162,523 shares of the company’s stock worth $23,290,000 after acquiring an additional 457,893 shares during the period. Finally, Verition Fund Management LLC increased its holdings 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 acquiring an additional 318,134 shares during the last quarter. Institutional investors and hedge funds own 66.24% of the company’s stock.

VIZIO Stock Down 0.4 %

Shares of NYSE:VZIO opened at $11.35 on Wednesday. VIZIO Holding Corp. has a 12-month low of $6.84 and a 12-month high of $11.40. The company’s 50 day moving average price is $11.24 and its two-hundred day moving average price is $11.04. The firm has a market cap of $2.30 billion, a PE ratio of 1,135.00 and a beta of 2.00.

Wall Street Analysts Forecast Growth

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

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.