Stocks under Analysis: Viacom, Inc. (VIAB), Mattel, Inc. (MAT)

Alicia Cross
February 10, 2018

Strs Ohio now owns 304,539 shares of the company's stock worth $8,478,000 after acquiring an additional 75,000 shares during the period. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 35,210,526 shares of the stock are valued at $1.13 billion. Its most recent closing price has a distance of -4.73% from SMA20 and is -1.65% below than SMA200.

Hedge funds have recently made changes to their positions in the business. Strs Ohio boosted its position in Viacom by 32.7% during the 3rd quarter.

The stock decreased 1.79% or $0.56 during the last trading session, reaching $30.69. Oldfield Partners LLP grew its stake in Viacom by 25.6% in the 4th quarter. A total of 6.68 Million shares exchanged at hands and its Average Volume is 5.81 Million.

Michael Novogratz increased its stake in Viacom Inc New (VIAB) by 94.92% based on its latest 2017Q3 regulatory filing with the SEC. Taking short look on returns of the firm, net profit margin recorded as 43.90% while operating profit margin was 21.00%, whereas price to sale ratio stands at 1.00 and it indicates how much investor paid for a share compared to the sales a company generated per share. 1St Source Bank who had been investing in Visa Inc Cl A for a number of months, seems to be bullish on the $270.04 billion market cap company. (NASDAQ:VIAB) were released by: and their article: "Form 4 Viacom Inc". Last trading transaction put the stock price at $31.14. Citigroup downgraded Viacom, Inc. Viacom, Inc. (VIAB) is intriguing when broken down to its core data. Analysts reported that the Price Target for Viacom, Inc. might touch $46 high while the Average Price Target and Low price Target is $31.38 and $23 respectively. At the same time as, it has debt to equity ratio of 1.84 and similar long term debt to equity ratio was 1.84. The stock has a market capitalization of $13,520.00, a PE ratio of 7.02, a PEG ratio of 1.08 and a beta of 1.54.

Viacom, Inc. (NASDAQ:VIAB) closed its last session at $30.51.

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Viacom's fiscal first-quarter earnings were marked by its media networks segment mostly holding its ground. The firm had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.14 billion. Its revenue stood at -1.10% a year on average in the period of last five years. The adjusted diluted earnings per share of 1.03 cents was down from a year-earlier $1.00.

"The stock rose on management's expressions of optimism in the post-earnings call that the transitional phase is progressing well", Barrington Research Associates analyst James Goss said. Finally, Wells Fargo & Co reissued a "hold" rating on shares of Viacom in a research report on Monday, January 29th.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Bank of America maintained the stock with "Buy" rating in Friday, November 17 report. Zacks Investment Research cut Viacom from a hold rating to a sell rating in a report on Friday, February 2nd. Also, there are 0 buy, 0 sell and 3 strong sell ratings, collectively assigning a 2.7 average brokerage recommendation. Morgan Stanley maintained it with "Overweight" rating and $38 target in Friday, October 13 report.

Several other institutional investors have also sold shares of the company.

In early 2017, Bakish engineered a turnaround plan that involved focusing on five of Viacom's cable TV brands and the Paramount movie studio, license less content to video streaming companies and consider selling assets.

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