Strs Ohio Has $306,000 Position in VIZIO Holding Corp. (NYSE:VZIO)

Strs Ohio lessened its position in VIZIO Holding Corp. (NYSE:VZIO) by 12.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 39,800 shares of the company’s stock after selling 5,500 shares during the quarter. Strs Ohio’s holdings in VIZIO were worth $306,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of VZIO. Arizona State Retirement System raised its stake in shares of VIZIO by 8.4% during the 4th quarter. Arizona State Retirement System now owns 20,153 shares of the company’s stock worth $155,000 after purchasing an additional 1,570 shares in the last quarter. Raymond James & Associates grew its position in shares of VIZIO by 5.5% in the 4th quarter. Raymond James & Associates now owns 49,317 shares of the company’s stock valued at $380,000 after acquiring an additional 2,577 shares during the period. Financial Management Professionals Inc. raised its holdings in shares of VIZIO by 45.2% in the 4th quarter. Financial Management Professionals Inc. now owns 18,315 shares of the company’s stock valued at $141,000 after purchasing an additional 5,703 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in VIZIO by 21.5% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 34,129 shares of the company’s stock valued at $263,000 after purchasing an additional 6,048 shares during the last quarter. Finally, AXQ Capital LP bought a new position in VIZIO during the third quarter worth about $63,000. Institutional investors own 66.24% of the company’s stock.

VIZIO Price Performance

Shares of NYSE VZIO opened at $10.80 on Tuesday. VIZIO Holding Corp. has a fifty-two week low of $4.82 and a fifty-two week high of $11.28. The business has a fifty day moving average price of $10.93 and a two-hundred day moving average price of $8.34. The stock has a market capitalization of $2.14 billion, a PE ratio of 72.00, a P/E/G ratio of 2.11 and a beta of 2.13.

VIZIO (NYSE:VZIO) last issued its earnings results on Tuesday, February 27th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.05. The firm had revenue of $502.60 million for the quarter, compared to the consensus estimate of $498.83 million. VIZIO had a return on equity of 6.84% and a net margin of 1.68%. The company’s revenue was down 5.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.03 EPS. On average, equities analysts expect that VIZIO Holding Corp. will post 0.2 EPS for the current year.

Insider Buying and Selling at VIZIO

In other VIZIO news, Director David Eugene Russell sold 300,000 shares of the company’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $9.91, for a total value of $2,973,000.00. Following the completion of the transaction, the director now owns 2,536,542 shares of the company’s stock, valued at approximately $25,137,131.22. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 45.06% of the company’s stock.

Wall Street Analysts Forecast Growth

VZIO has been the topic of several research analyst reports. Roth Mkm restated a “neutral” rating and issued a $11.50 price objective (down previously from $12.00) on shares of VIZIO in a research note on Wednesday, February 21st. Roth Capital lowered shares of VIZIO from a “buy” rating to a “neutral” rating in a research report on Wednesday, February 21st. Needham & Company LLC reaffirmed a “hold” rating on shares of VIZIO in a report on Tuesday, April 16th. B. Riley lowered shares of VIZIO from a “buy” rating to a “neutral” rating and set a $11.50 price target on the stock. in a research note on Tuesday, February 20th. Finally, Craig Hallum restated a “hold” rating on shares of VIZIO in a research report on Wednesday, February 21st. One research analyst has rated the stock with a sell rating and ten have given a hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $10.77.

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.