Centiva Capital LP Grows Stake in VIZIO Holding Corp. (NYSE:VZIO)

Centiva Capital LP boosted its position in shares of VIZIO Holding Corp. (NYSE:VZIO) by 23.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,875,000 shares of the company’s stock after purchasing an additional 350,000 shares during the quarter. VIZIO makes up 0.4% of Centiva Capital LP’s portfolio, making the stock its 12th biggest holding. Centiva Capital LP owned 0.93% of VIZIO worth $20,944,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of VZIO. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of VIZIO in the 2nd quarter worth about $27,000. Quest Partners LLC purchased a new stake in shares of VIZIO in the second quarter valued at about $40,000. Future Financial Wealth Managment LLC acquired a new stake in shares of VIZIO in the third quarter valued at approximately $45,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of VIZIO during the 3rd quarter worth approximately $45,000. Finally, FMR LLC raised its position in shares of VIZIO by 77.9% during the 3rd quarter. FMR LLC now owns 6,256 shares of the company’s stock worth $70,000 after purchasing an additional 2,739 shares during the last quarter. Institutional investors and hedge funds own 66.24% of the company’s stock.

VIZIO Stock Up 0.7 %

VZIO stock opened at $11.39 on Monday. The stock has a market capitalization of $2.31 billion, a price-to-earnings ratio of 1,139.00 and a beta of 2.00. The stock’s fifty day simple moving average is $11.24 and its 200-day simple moving average is $11.03. VIZIO Holding Corp. has a 52-week low of $6.63 and a 52-week high of $11.40.

Wall Street Analyst Weigh In

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

About VIZIO

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.