Quantbot Technologies LP lowered its holdings in shares of TiVo Corporation (NASDAQ:TIVO) by 35.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,936 shares of the technology company’s stock after selling 6,592 shares during the period. Quantbot Technologies LP’s holdings in TiVo Corporation were worth $222,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. BlackRock Inc. raised its position in TiVo Corporation by 62,480.7% during the first quarter. BlackRock Inc. now owns 14,976,807 shares of the technology company’s stock worth $280,814,000 after acquiring an additional 14,952,875 shares during the last quarter. Vanguard Group Inc. raised its position in TiVo Corporation by 1.7% during the second quarter. Vanguard Group Inc. now owns 11,128,544 shares of the technology company’s stock worth $207,547,000 after acquiring an additional 182,567 shares during the last quarter. Ameriprise Financial Inc. raised its position in TiVo Corporation by 7.1% during the second quarter. Ameriprise Financial Inc. now owns 8,950,144 shares of the technology company’s stock worth $166,918,000 after acquiring an additional 590,818 shares during the last quarter. Dimensional Fund Advisors LP raised its position in TiVo Corporation by 5.4% during the first quarter. Dimensional Fund Advisors LP now owns 7,569,853 shares of the technology company’s stock worth $141,935,000 after acquiring an additional 384,440 shares during the last quarter. Finally, FMR LLC raised its position in TiVo Corporation by 4.3% during the first quarter. FMR LLC now owns 5,624,155 shares of the technology company’s stock worth $105,453,000 after acquiring an additional 233,670 shares during the last quarter. Institutional investors own 89.00% of the company’s stock.

TiVo Corporation (NASDAQ:TIVO) opened at 19.60 on Thursday. TiVo Corporation has a 52-week low of $15.15 and a 52-week high of $22.05. The firm has a market cap of $2.36 billion, a price-to-earnings ratio of 108.29 and a beta of 0.18. The stock has a 50 day moving average of $18.70 and a 200-day moving average of $18.47.

TiVo Corporation (NASDAQ:TIVO) last posted its quarterly earnings data on Thursday, August 3rd. The technology company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.20. TiVo Corporation had a net margin of 2.47% and a return on equity of 10.59%. The company had revenue of $208.60 million during the quarter, compared to analyst estimates of $192.72 million. During the same period in the prior year, the firm earned $0.45 earnings per share. The business’s quarterly revenue was up 66.6% on a year-over-year basis. On average, analysts expect that TiVo Corporation will post $0.43 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 21st. Shareholders of record on Thursday, September 7th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date of this dividend was Wednesday, September 6th. TiVo Corporation’s dividend payout ratio is presently 240.00%.

In other news, insider Dustin Finer sold 11,881 shares of the stock in a transaction that occurred on Friday, September 29th. The shares were sold at an average price of $20.00, for a total value of $237,620.00. Following the completion of the sale, the insider now directly owns 41,524 shares of the company’s stock, valued at $830,480. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Pamela A. Sergeeff sold 3,147 shares of the stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of $20.00, for a total transaction of $62,940.00. Following the completion of the sale, the executive vice president now directly owns 89,976 shares of the company’s stock, valued at $1,799,520. The disclosure for this sale can be found here. Insiders have sold 17,397 shares of company stock valued at $343,557 over the last ninety days. Insiders own 3.57% of the company’s stock.

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TIVO has been the subject of a number of research reports. B. Riley restated a “buy” rating and set a $31.00 target price on shares of TiVo Corporation in a research report on Wednesday, June 14th. Cowen and Company restated a “buy” rating and set a $30.00 target price on shares of TiVo Corporation in a research report on Thursday, August 3rd. Jefferies Group LLC restated a “buy” rating and set a $18.00 target price on shares of TiVo Corporation in a research report on Friday, July 7th. ValuEngine raised shares of TiVo Corporation from a “hold” rating to a “buy” rating in a research report on Monday. Finally, Zacks Investment Research lowered shares of TiVo Corporation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 4th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. TiVo Corporation has an average rating of “Buy” and a consensus target price of $27.60.

About TiVo Corporation

TiVo Corporation is engaged in offering media and entertainment products. The Company operates through two segments: Intellectual Property Licensing and Product. The Company’s Product segment includes a suite of component technologies that can be integrated into media service provider internally developed platforms or deployed as an integrated TiVo solution.

Institutional Ownership by Quarter for TiVo Corporation (NASDAQ:TIVO)

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