Quest Partners LLC Grows Position in VIZIO Holding Corp. (NYSE:VZIO)

Quest Partners LLC raised its holdings in VIZIO Holding Corp. (NYSE:VZIO) by 534.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,332 shares of the company’s stock after acquiring an additional 19,654 shares during the period. Quest Partners LLC’s holdings in VIZIO were worth $261,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Pentwater Capital Management LP raised its holdings in shares of VIZIO by 1,294.9% during the 2nd quarter. Pentwater Capital Management LP now owns 6,800,000 shares of the company’s stock valued at $73,440,000 after buying an additional 6,312,500 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of VIZIO by 13.6% during the 1st quarter. Vanguard Group Inc. now owns 7,686,512 shares of the company’s stock valued at $84,090,000 after buying an additional 918,300 shares in the last quarter. Hsbc Holdings PLC raised its holdings in shares of VIZIO by 26.9% during the 2nd quarter. Hsbc Holdings PLC now owns 2,162,523 shares of the company’s stock valued at $23,290,000 after buying an additional 457,893 shares in the last quarter. Water Island Capital LLC raised its holdings in shares of VIZIO by 11.0% during the 2nd quarter. Water Island Capital LLC now owns 3,192,078 shares of the company’s stock valued at $34,474,000 after buying an additional 315,757 shares in the last quarter. Finally, Gabelli Funds LLC raised its holdings in shares of VIZIO by 32.7% during the 2nd quarter. Gabelli Funds LLC now owns 1,186,716 shares of the company’s stock valued at $12,817,000 after buying an additional 292,416 shares in the last quarter. Hedge funds and other institutional investors own 66.24% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on VZIO. Needham & Company LLC reissued a “hold” rating on shares of VIZIO in a report on Wednesday, October 9th. Barrington Research lowered VIZIO from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 7th. Nine research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $11.08.

VIZIO Stock Performance

Shares of VZIO stock opened at $11.29 on Wednesday. The firm has a market cap of $2.29 billion, a P/E ratio of 1,129.00 and a beta of 2.03. VIZIO Holding Corp. has a fifty-two week low of $6.63 and a fifty-two week high of $11.37. The business’s 50 day moving average price is $11.23 and its 200-day moving average price is $11.01.

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.