Shares of Viacom Inc. (NASDAQ:VIA) have been assigned a consensus rating of “Hold” from the fifteen analysts that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $43.33.

A number of research analysts recently issued reports on VIA shares. Rosenblatt Securities reiterated a “neutral” rating and set a $45.00 price objective on shares of Viacom in a research note on Tuesday, April 4th. Barrington Research reiterated an “outperform” rating on shares of Viacom in a research note on Friday, May 19th.

Viacom (NASDAQ:VIA) traded up 1.45% during trading on Monday, hitting $38.60. 70,813 shares of the stock were exchanged. Viacom has a 1-year low of $36.25 and a 1-year high of $50.40. The company has a 50-day moving average price of $38.65 and a 200 day moving average price of $42.62. The firm has a market capitalization of $15.51 billion, a price-to-earnings ratio of 12.76 and a beta of 1.45.

Viacom (NASDAQ:VIA) last announced its quarterly earnings data on Thursday, May 4th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.20. The company had revenue of $3.26 billion during the quarter. Viacom had a return on equity of 32.00% and a net margin of 9.32%. Equities analysts predict that Viacom will post $3.70 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, July 3rd. Shareholders of record on Thursday, June 15th were paid a $0.20 dividend. The ex-dividend date was Tuesday, June 13th. This represents a $0.80 annualized dividend and a yield of 2.07%. Viacom’s payout ratio is 26.40%.

A number of hedge funds and other institutional investors have recently bought and sold shares of VIA. Prudential Financial Inc. acquired a new position in Viacom during the first quarter valued at $766,000. Dimensional Fund Advisors LP increased its position in Viacom by 26.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 63,893 shares of the company’s stock valued at $2,460,000 after buying an additional 13,356 shares during the last quarter. Morgan Stanley increased its position 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. Bank of New York Mellon Corp increased its position in Viacom by 38.9% in the first quarter. Bank of New York Mellon Corp now owns 41,732 shares of the company’s stock valued at $2,035,000 after buying an additional 11,692 shares during the last quarter. Finally, Geode Capital Management LLC increased its position 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. Institutional investors and hedge funds own 1.88% of the company’s stock.

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About Viacom

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.

Analyst Recommendations for Viacom (NASDAQ:VIA)

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