Viacom Inc (NASDAQ:VIA) Sentiment Falls in Q1 2018

June 17, 2018 - By Migdalia James

Viacom, Inc. (NASDAQ:VIA) Logo

Sentiment for Viacom Inc (NASDAQ:VIA)

Viacom Inc (NASDAQ:VIA) institutional sentiment decreased to 1.04 in Q1 2018. Its down -0.03, from 1.07 in 2017Q4. The ratio dropped, as 207 hedge funds opened new and increased stock positions, while 199 decreased and sold stock positions in Viacom Inc. The hedge funds in our partner’s database reported: 308.74 million shares, down from 316.23 million shares in 2017Q4. Also, the number of hedge funds holding Viacom Inc in their top 10 stock positions decreased from 7 to 6 for a decrease of 1. Sold All: 37 Reduced: 162 Increased: 143 New Position: 64.

Viacom, Inc. operates as media brand worldwide. The company has market cap of $11.88 billion. The firm creates television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences, and other entertainment content for audiences. It has a 6.79 P/E ratio. It operates through two divisions, Media Networks and Filmed Entertainment.

The stock increased 0.89% or $0.3 during the last trading session, reaching $34. About 66,569 shares traded or 81.68% up from the average. Viacom, Inc. (NASDAQ:VIA) has declined 15.76% since June 17, 2017 and is downtrending. It has underperformed by 28.33% the S&P500.

Oldfield Partners Llp holds 16.53% of its portfolio in Viacom, Inc. for 6.13 million shares. Stuyvesant Capital Management owns 122,050 shares or 7.72% of their US portfolio. Moreover, S. Muoio & Co. Llc has 7.52% invested in the company for 444,681 shares. The New York-based Tremblant Capital Group has invested 4.89% in the stock. Permit Capital Llc, a Pennsylvania-based fund reported 275,000 shares.

Viacom, Inc. (NASDAQ:VIA) Ratings Coverage

Ratings analysis reveals 0 of Viacom Inc’s analysts are positive. Out of 2 Wall Street analysts rating Viacom Inc, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. VIA was included in 2 notes of analysts from December 27, 2017. The rating was downgraded by Rosenblatt on Tuesday, January 16 to “Sell”.

More notable recent Viacom, Inc. (NASDAQ:VIA) news were published by: Bizjournals.com which released: “Nickelodeon president resigns after 30 years with network” on June 04, 2018, also Gurufocus.com with their article: “Merger Mania: Companies Are Emboldened by Court Ruling” published on June 14, 2018, Investorplace.com published: “Walt Disney Co Stock Is Finally Set to Move, But in Which Direction?” on June 14, 2018. More interesting news about Viacom, Inc. (NASDAQ:VIA) were released by: Finance.Yahoo.com and their article: “With or Without Time Warner, AT&T Stock Isn’t Worth Buying” published on June 13, 2018 as well as Nasdaq.com‘s news article titled: “Saudi Arabia to supply full July crude oil volumes to some Asian buyers” with publication date: June 12, 2018.

Viacom, Inc. (NASDAQ:VIA) Institutional Positions Chart

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