Quest Partners LLC Purchases 19,654 Shares of VIZIO Holding Corp. (NYSE:VZIO)

Quest Partners LLC lifted its position in shares of VIZIO Holding Corp. (NYSE:VZIO) by 534.4% during the 3rd quarter, HoldingsChannel reports. The firm 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 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in VIZIO during the second quarter valued at $27,000. Future Financial Wealth Managment LLC purchased a new position in VIZIO during the third quarter valued at $45,000. Principal Financial Group Inc. raised its stake in VIZIO by 19.1% during the second quarter. Principal Financial Group Inc. now owns 12,004 shares of the company’s stock valued at $130,000 after buying an additional 1,926 shares during the last quarter. ProShare Advisors LLC raised its stake in VIZIO by 8.5% during the first quarter. ProShare Advisors LLC now owns 13,801 shares of the company’s stock valued at $151,000 after buying an additional 1,086 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in VIZIO during the second quarter valued at $228,000. 66.24% of the stock is currently owned by institutional investors.

VIZIO Price Performance

VZIO stock opened at $11.29 on Wednesday. VIZIO Holding Corp. has a 1-year low of $6.63 and a 1-year high of $11.37. The business has a fifty day moving average price of $11.23 and a 200-day moving average price of $11.01. The stock has a market capitalization of $2.29 billion, a P/E ratio of 1,129.00 and a beta of 2.03.

Analyst Ratings Changes

A number of brokerages have issued reports on VZIO. Barrington Research cut VIZIO from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 7th. Needham & Company LLC reiterated a “hold” rating on shares of VIZIO in a research note on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $11.08.

VIZIO Company 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.