20 July, 2017
While looking the figure depicted by the Price to Earning we can suggest that the shares of Viacom, Inc. Hedge funds and other institutional investors own 76.62% of the company's stock. State Street Corp owned about 3.86% of Viacom worth $723,729,000 as of its most recent SEC filing. CrestPoint Capital Management LLC purchased a new stake in shares of Viacom during the first quarter valued at about $373,000. Fifth Third Bancorp increased its stake in Viacom by 9.4% in the first quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 2,202 shares of the company's stock worth $103,000 after buying an additional 300 shares during the last quarter.
Bank of America Corp DE reduced its stake in Viacom Inc. Fifth Third Bancorp now owns 2,616 shares of the company's stock worth $122,000 after buying an additional 225 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in Viacom by 0.6% in the first quarter. Finally, Denali Advisors LLC boosted its stake in shares of Viacom by 154.8% in the first quarter. Suntrust Banks Inc. now owns 21,318 shares of the company's stock valued at $991,000 after buying an additional 106 shares during the period.
Analysts expect that Viacom Inc.
Shares of Viacom (NASDAQ VIAB) opened at 34.93 on Tuesday. Viacom has a 52-week low of $32.68 and a 52-week high of $46.72. Viacom, Inc.is now trading 3.28% above its 20-day and -8.44% versus the 200-day simple moving averages while 2.02% compared with its 50-day simple moving average.
Viacom, Inc.'s P/E ratio now stands at 11.58, while the P/S ratio is at 1.09 and the potential growth rate of earnings per share this year is at -23.80%.
Viacom (NASDAQ:VIA) last posted its quarterly earnings results on Thursday, May 4th. The analysts estimated EPS for the higher end at 1.11 and lower end at 0.89 while the year ago reported earnings per share was 1.27. The firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.03 billion. The Return on Equity (ROE) value stands at 27.4%.
While looking at the Stock's Performance, Viacom, Inc. now shows a Weekly Performance of 3.87%, where Monthly Performance is 1.11%, Quarterly performance is -19.57%, 6 Months performance is -8.35% and yearly performance percentage is -20.67%. The company's 5 year Earnings per share growth and Capital Spending growth remains at -0.02 and 2.1. Now Viacom, Inc.'s current price is $22.04 shy of the official highest sell-side analyst price target on Wall Street.
The firm also recently declared a quarterly dividend, which was paid on Monday, July 3rd. Stockholders of record on Thursday, June 15th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date was Tuesday, June 13th.
Viacom Inc. (VIAB) now has P/E (Price to Earnings) ratio of 11.58 while the company's industry has 57.8 P/E and the sector P/E is 21.99.
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Viacom, Inc. (VIAB) will report its next earnings on Aug 03 AMC.
A number of other equities research analysts have also recently issued reports on the stock. Rosenblatt Securities initiated coverage on shares of Viacom in a research note on Wednesday, April 5th. FBR & Co lifted their target price on shares of Viacom from $45.00 to $48.00 and gave the stock a "mkt perform" rating in a research note on Monday, April 10th. Finally, ValuEngine cut Viacom from a "buy" rating to a "hold" rating in a research report on Friday, June 2nd. Five research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and twelve have assigned a buy rating to the stock. The stock presently has a consensus rating of "Hold" and an average target price of $43.14.
VIAB's fiscal year ends Sep 30, 2016 and the most recent quarter started on Mar 31, 2017.