Viacom Inc. (NASDAQ:VIA)‘s stock had its “hold” rating restated by research analysts at Stifel Nicolaus in a research note issued on Monday.

A number of other brokerages also recently issued reports on VIA. FBR & Co restated an “outperform” rating and set a $59.00 price target (down previously from $67.00) on shares of Viacom in a report on Tuesday, July 26th. Drexel Hamilton restated a “hold” rating on shares of Viacom in a report on Friday, June 17th. Royal Bank Of Canada restated a “sector perform” rating and set a $45.00 price target (up previously from $34.00) on shares of Viacom in a report on Friday, June 17th. Wunderlich restated a “buy” rating and set a $87.00 price target on shares of Viacom in a report on Friday, June 17th. Finally, BTIG Research upgraded Viacom from a “neutral” rating to a “buy” rating in a report on Thursday, June 16th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and ten have given a buy rating to the company’s stock. Viacom presently has an average rating of “Hold” and an average target price of $49.00.

Shares of Viacom (NASDAQ:VIA) opened at 40.49 on Monday. Viacom has a one year low of $33.88 and a one year high of $54.69. The company has a market capitalization of $16.06 billion, a price-to-earnings ratio of 7.79 and a beta of 1.25. The company’s 50-day moving average price is $45.58 and its 200-day moving average price is $45.67.

Institutional investors have recently added to or reduced their stakes in the stock. Franklin Resources Inc. boosted its position in Viacom by 7.7% in the first quarter. Franklin Resources Inc. now owns 5,600 shares of the company’s stock valued at $254,000 after buying an additional 400 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in Viacom by 5.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 10,888 shares of the company’s stock valued at $506,000 after buying an additional 588 shares during the last quarter. Allianz Asset Management AG boosted its position in Viacom by 7.0% in the second quarter. Allianz Asset Management AG now owns 11,695 shares of the company’s stock valued at $543,000 after buying an additional 760 shares during the last quarter. Aperio Group LLC boosted its position in Viacom by 18.8% in the first quarter. Aperio Group LLC now owns 8,108 shares of the company’s stock valued at $367,000 after buying an additional 1,282 shares during the last quarter. Finally, Brown Advisory Inc. boosted its position in Viacom by 20.3% in the second quarter. Brown Advisory Inc. now owns 8,882 shares of the company’s stock valued at $412,000 after buying an additional 1,500 shares during the last quarter. 2.18% of the stock is currently owned by institutional investors and hedge funds.

About Viacom

Viacom Inc (Viacom) is an entertainment content company that connects with audiences in over 160 countries and territories and creates compelling television programs, motion pictures, short-form video, applications, games, consumer products, social media and other entertainment content. The Company operates through two segments: Media Networks and Filmed Entertainment.

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