Viacom Inc. (NASDAQ:VIA)‘s stock had its “hold” rating reiterated by investment analysts at Stifel Nicolaus in a report released on Monday.

A number of other research analysts have also commented on the company. BTIG Research raised Viacom from a “neutral” rating to a “buy” rating in a report on Thursday, June 16th. TheStreet upgraded Viacom from a “hold” rating to a “buy” rating in a research report on Tuesday, May 24th. Wunderlich reiterated a “buy” rating and set a $87.00 target price on shares of Viacom in a research report on Friday, June 17th. Brean Capital upgraded Viacom from a “hold” rating to a “buy” rating and set a $44.00 target price for the company in a research report on Tuesday, September 13th. Finally, Argus reiterated a “hold” rating on shares of Viacom in a research report on Monday, August 15th. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and ten have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $49.00.

Shares of Viacom (NASDAQ:VIA) opened at 40.49 on Monday. The stock has a 50 day moving average price of $45.58 and a 200-day moving average price of $45.67. Viacom has a 52 week low of $33.88 and a 52 week high of $54.69. The firm has a market capitalization of $16.06 billion, a price-to-earnings ratio of 7.79 and a beta of 1.25.

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