Choose Right Moment for Investing in: Viacom, Inc. (VIAB)

Lloyd Doyle
May 16, 2018

The institutional investor owned 2,635,387 shares of the company's stock after selling 437,193 shares during the quarter. The funds in our database now hold: 35.93 million shares, down from 37.33 million shares in 2017Q3. For Viacom, Inc., the current EPS is 4.94. Daiwa Securities Group Inc. now owns 12,130 shares of the company's stock valued at $377,000 after purchasing an additional 1,797 shares in the last quarter. Hourglass Capital LLC bought a new position in Viacom in the 4th quarter valued at about $220,000. Oldfield Partners LLP lifted its position in shares of Viacom by 25.6% during the 4th quarter. It also reduced its holding in Jd Com Inc (NASDAQ:JD) by 484,446 shares in the quarter, leaving it with 449,235 shares, and cut its stake in Procter And Gamble Co (NYSE:PG). The stock witnessed -6.38% declines, -12.59% declines and 15.98% gains for the 1-month, 3-month and 6-month period, respectively. Viacom, Inc. (VIAB) reported loss -4.90% in recent buying and selling session with closing price of $ 28.74. Brean Capital downgraded the shares of VIAB in report on Monday, November 14 to "Hold" rating. Barclays set a $33.00 target price on shares of Viacom and gave the company a "hold" rating in a research note on Tuesday, January 23rd.

Among 18 analysts covering Viacom Inc (NASDAQ:VIAB), 4 have Buy rating, 0 Sell and 14 Hold. BidaskClub upgraded Viacom from a "sell" rating to a "hold" rating in a report on Saturday, January 13th. Finally, ValuEngine cut shares of Viacom from a "buy" rating to a "hold" rating in a research note on Friday, February 2nd. Four analysts have rated the stock with a sell rating, seventeen have issued a hold rating and eight have assigned a buy rating to the company's stock.

Viacom Inc (NASDAQ:VIAB) has been assigned a consensus rating of "Hold" from the twenty-nine analysts that are now covering the company, Marketbeat Ratings reports. Investors who are keeping close eye on the stock of Verizon Communications Inc. Viacom Inc has a one year low of $28.01 and a one year high of $29.97. The total market cap for the stock is $191.12B while it has a PE ratio of 13.88, its price-to-earnings-growth ratio reads 1.49 while it has a beta of 0.61. It has underperformed by 56.40% the S&P500.The move comes after 6 months negative chart setup for the $1.63B company.

Viacom (NASDAQ:VIAB) last released its quarterly earnings data on Wednesday, April 25th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.79 by $0.13.


Net profit margin of the company is seen at 16.70%. The company had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.04 billion. During the same period in the previous year, the business earned $0.79 EPS. The business's revenue was down 3.3% compared to the same quarter last year. research analysts expect that Viacom will post 4.06 earnings per share for the current fiscal year.

Another recent and important Front Yard Residential Corporation (NYSE:RESI) news was published by Globenewswire.com which published an article titled: "Front Yard Residential Corporation Reports First Quarter 2018 Results" on May 08, 2018.

Viacom is home to premier global media brands that create compelling television programs, motion pictures, short-form content, apps, games, consumer products, social media experiences, and other entertainment content for audiences in many countries.

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