Viacom, Inc. (NASDAQ:VIA) has received an average rating of “Hold” from the sixteen brokerages that are presently covering the stock. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $43.33.

A number of research analysts recently commented on the company. Barrington Research reissued an “outperform” rating on shares of Viacom in a research note on Friday. Rosenblatt Securities reissued a “neutral” rating and issued a $45.00 target price on shares of Viacom in a research note on Friday, April 14th. Finally, Drexel Hamilton raised Viacom to a “buy” rating in a research note on Thursday, February 9th.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Lumina Fund Management LLC bought a new position in shares of Viacom during the fourth quarter worth about $6,623,000. Bank of New York Mellon Corp boosted its stake in Viacom by 9.7% in the third quarter. Bank of New York Mellon Corp now owns 100,207 shares of the company’s stock valued at $4,291,000 after buying an additional 8,833 shares during the last quarter. Morgan Stanley boosted its stake in Viacom by 17.9% in the first quarter. Morgan Stanley now owns 87,499 shares of the company’s stock valued at $4,267,000 after buying an additional 13,255 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Viacom by 1.5% in the first quarter. Dimensional Fund Advisors LP now owns 64,855 shares of the company’s stock valued at $3,161,000 after buying an additional 962 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Viacom by 33.6% in the first quarter. Geode Capital Management LLC now owns 42,025 shares of the company’s stock valued at $2,048,000 after buying an additional 10,579 shares during the last quarter. 1.99% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Viacom (NASDAQ:VIA) traded up 3.10% during midday trading on Friday, reaching $38.20. The company had a trading volume of 77,271 shares. The company has a 50 day moving average of $43.38 and a 200 day moving average of $43.20. The company has a market capitalization of $15.35 billion, a PE ratio of 12.63 and a beta of 1.21. Viacom has a one year low of $36.25 and a one year high of $50.81.

Viacom (NASDAQ:VIA) last released its earnings results on Thursday, May 4th. The company reported $0.79 EPS for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.20. The business had revenue of $3.26 billion for the quarter. Viacom had a return on equity of 33.25% and a net margin of 10.94%. Analysts predict that Viacom will post $3.70 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 3rd. Stockholders of record on Thursday, June 15th will be paid a dividend of $0.20 per share. The ex-dividend date is Tuesday, June 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.09%. Viacom’s dividend payout ratio (DPR) is currently 22.92%.

Viacom Company Profile

Viacom Inc offers global media brands that create television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences and other entertainment content. As of September 30, 2016, the Company offered its services for audiences in more than 180 countries.

5 Day Chart for NASDAQ:VIA

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