Morgan Stanley Has $4.67 Million Position in TiVo Corp (NASDAQ:TIVO)

Morgan Stanley grew its holdings in TiVo Corp (NASDAQ:TIVO) by 78.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 633,491 shares of the technology company’s stock after acquiring an additional 277,669 shares during the quarter. Morgan Stanley’s holdings in TiVo were worth $4,669,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of TIVO. First Trust Advisors LP grew its position in TiVo by 2.2% during the first quarter. First Trust Advisors LP now owns 277,319 shares of the technology company’s stock worth $2,585,000 after buying an additional 5,948 shares in the last quarter. CWM Advisors LLC grew its position in TiVo by 39.7% during the second quarter. CWM Advisors LLC now owns 23,725 shares of the technology company’s stock worth $175,000 after buying an additional 6,745 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in TiVo by 14.3% during the second quarter. Robeco Institutional Asset Management B.V. now owns 1,996,070 shares of the technology company’s stock worth $14,709,000 after buying an additional 249,674 shares in the last quarter. Smith Graham & Co. Investment Advisors LP grew its position in TiVo by 11.7% during the second quarter. Smith Graham & Co. Investment Advisors LP now owns 1,280,322 shares of the technology company’s stock worth $9,436,000 after buying an additional 133,913 shares in the last quarter. Finally, Wedge Capital Management L L P NC acquired a new stake in TiVo during the second quarter worth about $212,000. 90.14% of the stock is currently owned by institutional investors.

A number of equities research analysts recently weighed in on the company. ValuEngine raised TiVo from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. BidaskClub raised TiVo from a “sell” rating to a “hold” rating in a research report on Monday, October 14th. Finally, B. Riley set a $19.00 target price on TiVo and gave the stock a “buy” rating in a research report on Friday, August 23rd. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $13.63.

Shares of TIVO opened at $7.96 on Friday. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 15.92 and a beta of 0.16. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.47. TiVo Corp has a 12 month low of $6.61 and a 12 month high of $12.44. The company has a 50-day moving average price of $7.91 and a two-hundred day moving average price of $7.76.

TiVo (NASDAQ:TIVO) last announced its quarterly earnings results on Wednesday, July 31st. The technology company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.07. The firm had revenue of $176.17 million during the quarter, compared to analysts’ expectations of $162.48 million. TiVo had a negative net margin of 52.02% and a positive return on equity of 3.17%. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.26 earnings per share. Equities research analysts expect that TiVo Corp will post 0.53 EPS for the current fiscal year.

TiVo Company Profile

TiVo Corporation provides media and entertainment products for the consumer entertainment industry worldwide. The company operates in two segments, Product and Intellectual Property Licensing. The Product segment offers platform solutions, such as TiVo Service Platform, a cloud-based service that powers the TiVo Service client software, which operates on set-top boxes in consumer homes, as well as applications that operate on third party software platforms, such as iOS and Android; user experience solutions that allow service providers to customize elements of the interactive program guides for their customers, as well as to upgrade their programming features and services under the G-GUIDE brand; and CubiTV and TiVo Lite middleware solutions for pay TV service providers comprising cable, satellite, terrestrial, and telecommunications operators.

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Institutional Ownership by Quarter for TiVo (NASDAQ:TIVO)

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