Dupont Capital Management Corp lessened its holdings in Viacom, Inc. (NASDAQ:VIAB) by 37.1% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 67,503 shares of the company’s stock after selling 39,768 shares during the period. Dupont Capital Management Corp’s holdings in Viacom were worth $2,279,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Principal Financial Group Inc. boosted its position in shares of Viacom by 1.1% in the 1st quarter. Principal Financial Group Inc. now owns 540,517 shares of the company’s stock worth $16,788,000 after buying an additional 5,940 shares in the last quarter. Allianz Asset Management GmbH boosted its position in shares of Viacom by 18.0% in the 1st quarter. Allianz Asset Management GmbH now owns 117,545 shares of the company’s stock worth $3,651,000 after buying an additional 17,943 shares in the last quarter. IFM Investors Pty Ltd boosted its position in shares of Viacom by 45.2% in the 2nd quarter. IFM Investors Pty Ltd now owns 15,669 shares of the company’s stock worth $473,000 after buying an additional 4,877 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of Viacom by 81.3% in the 2nd quarter. State of Alaska Department of Revenue now owns 91,380 shares of the company’s stock worth $2,754,000 after buying an additional 40,990 shares in the last quarter. Finally, Xact Kapitalforvaltning AB boosted its position in shares of Viacom by 9.0% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 68,345 shares of the company’s stock worth $2,061,000 after buying an additional 5,643 shares in the last quarter. Hedge funds and other institutional investors own 79.37% of the company’s stock.

Several equities research analysts recently commented on the stock. Macquarie upgraded shares of Viacom from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $34.00 to $37.00 in a research report on Thursday, September 20th. TheStreet upgraded shares of Viacom from a “c+” rating to a “b-” rating in a research report on Friday, August 31st. Morgan Stanley reiterated an “equal weight” rating and issued a $34.00 price objective on shares of Viacom in a research report on Monday, October 15th. ValuEngine lowered shares of Viacom from a “hold” rating to a “sell” rating in a research report on Friday, November 2nd. Finally, BidaskClub upgraded shares of Viacom from a “hold” rating to a “buy” rating in a research report on Friday, October 19th. Three investment analysts have rated the stock with a sell rating, twenty have issued a hold rating and five have issued a buy rating to the company’s stock. Viacom currently has an average rating of “Hold” and an average target price of $34.50.

NASDAQ:VIAB opened at $32.05 on Wednesday. The stock has a market capitalization of $12.93 billion, a price-to-earnings ratio of 8.50, a PEG ratio of 1.11 and a beta of 1.40. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.41 and a current ratio of 1.69. Viacom, Inc. has a 12-month low of $22.13 and a 12-month high of $35.55.

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Viacom Company Profile

Viacom, Inc operates media brands that create entertainment content worldwide. The company creates television programs, motion pictures, short-form content, games, consumer products, podcasts, live events, and social media experiences. It operates through two segments, Media Networks and Filmed Entertainment.

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Institutional Ownership by Quarter for Viacom (NASDAQ:VIAB)

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