Parametric Portfolio Associates LLC increased its position in shares of TiVo Corporation (NASDAQ:TIVO) by 17.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 347,425 shares of the technology company’s stock after acquiring an additional 50,818 shares during the quarter. Parametric Portfolio Associates LLC owned about 0.29% of TiVo Corporation worth $6,479,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Nordea Investment Management AB raised its stake in shares of TiVo Corporation by 5.0% during the 2nd quarter. Nordea Investment Management AB now owns 338,314 shares of the technology company’s stock worth $6,310,000 after acquiring an additional 16,000 shares in the last quarter. California Public Employees Retirement System raised its stake in shares of TiVo Corporation by 2.2% during the 2nd quarter. California Public Employees Retirement System now owns 289,284 shares of the technology company’s stock worth $5,395,000 after acquiring an additional 6,300 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of TiVo Corporation by 1.7% during the 2nd 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 in the last quarter. Northern Trust Corp raised its stake in shares of TiVo Corporation by 9.5% during the 2nd quarter. Northern Trust Corp now owns 2,258,542 shares of the technology company’s stock worth $42,121,000 after acquiring an additional 195,644 shares in the last quarter. Finally, New York State Common Retirement Fund raised its stake in shares of TiVo Corporation by 6.4% during the 2nd quarter. New York State Common Retirement Fund now owns 131,037 shares of the technology company’s stock worth $2,444,000 after acquiring an additional 7,899 shares in the last quarter. Hedge funds and other institutional investors own 89.02% of the company’s stock.

In other TiVo Corporation news, insider Dustin Finer sold 11,881 shares of the firm’s stock in a transaction that occurred on Friday, September 29th. The shares were sold at an average price of $20.00, for a total transaction of $237,620.00. Following the sale, the insider now owns 41,524 shares of the company’s stock, valued at $830,480. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Pamela A. Sergeeff sold 3,147 shares of the firm’s 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 sale, the executive vice president now directly owns 89,976 shares in the company, valued at approximately $1,799,520. The disclosure for this sale can be found here. In the last three months, insiders have sold 17,397 shares of company stock worth $343,557. 3.57% of the stock is owned by corporate insiders.

TIVO has been the subject of several recent analyst reports. B. Riley reiterated a “buy” rating and set a $31.00 price objective on shares of TiVo Corporation in a research note on Sunday, August 6th. Cowen and Company reiterated a “buy” rating and set a $30.00 price objective on shares of TiVo Corporation in a research note on Thursday, August 3rd. Jefferies Group LLC reiterated a “buy” rating and set a $18.00 price objective on shares of TiVo Corporation in a research note on Friday, July 7th. ValuEngine upgraded shares of TiVo Corporation from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Zacks Investment Research lowered shares of TiVo Corporation from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 4th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $27.60.

Shares of TiVo Corporation (NASDAQ TIVO) opened at 18.55 on Friday. The stock has a market cap of $2.23 billion, a P/E ratio of 102.49 and a beta of 0.18. TiVo Corporation has a 52-week low of $15.15 and a 52-week high of $22.05. The firm’s 50-day moving average is $18.94 and its 200 day moving average is $18.52.

TiVo Corporation (NASDAQ:TIVO) last released its quarterly earnings data on Thursday, August 3rd. The technology company reported $0.30 earnings per share for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $192.72 million. During the same quarter last year, the company earned $0.45 earnings per share. The firm’s revenue for the quarter was up 66.6% on a year-over-year basis. Analysts forecast that TiVo Corporation will post $0.43 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 21st. Shareholders of record on Thursday, September 7th were issued a dividend of $0.18 per share. The ex-dividend date was Wednesday, September 6th. This represents a $0.72 dividend on an annualized basis and a yield of 3.88%. TiVo Corporation’s payout ratio is currently 240.00%.

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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.

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

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