Ossiam bought a new position in shares of Viacom, Inc. (NASDAQ:VIA) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 2,611 shares of the company’s stock, valued at approximately $89,000.

A number of other hedge funds have also made changes to their positions in VIA. YorkBridge Wealth Partners LLC lifted its holdings in shares of Viacom by 23.4% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 2,110 shares of the company’s stock valued at $72,000 after buying an additional 400 shares during the period. Brown Advisory Inc. lifted its holdings in shares of Viacom by 6.6% in the 2nd quarter. Brown Advisory Inc. now owns 7,995 shares of the company’s stock valued at $272,000 after buying an additional 495 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Viacom by 43.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,182 shares of the company’s stock valued at $74,000 after buying an additional 658 shares during the period. GHP Investment Advisors Inc. raised its holdings in Viacom by 27.5% in the 2nd quarter. GHP Investment Advisors Inc. now owns 9,256 shares of the company’s stock worth $316,000 after purchasing an additional 1,995 shares during the period. Finally, State Board of Administration of Florida Retirement System acquired a new position in Viacom in the 1st quarter worth about $231,000. Hedge funds and other institutional investors own 1.95% of the company’s stock.

NASDAQ VIA traded up $0.02 during trading hours on Friday, reaching $28.33. The company’s stock had a trading volume of 7,947 shares, compared to its average volume of 73,201. The firm has a market capitalization of $11.29 billion, a price-to-earnings ratio of 6.57 and a beta of 1.34. Viacom, Inc. has a 1-year low of $26.30 and a 1-year high of $38.00. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.36 and a quick ratio of 1.15. The company’s 50-day moving average is $30.46 and its two-hundred day moving average is $33.50.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Monday, September 16th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.80 annualized dividend and a yield of 2.82%.

A number of research firms recently weighed in on VIA. TheStreet cut Viacom from a “b-” rating to a “c+” rating in a report on Thursday, August 22nd. Guggenheim raised Viacom from a “neutral” rating to a “buy” rating in a report on Wednesday, August 14th. Finally, BidaskClub cut Viacom from a “sell” rating to a “strong sell” rating in a report on Thursday, August 15th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $34.00.

Viacom Company Profile

Viacom Inc operates media brands that create entertainment content worldwide. It operates through two segments, Media Networks and Filmed Entertainment. The Media Networks segment offers entertainment content, services, and related branded products for consumers through approximately 314 locally programmed and operated television channels, including Nickelodeon, MTV, BET, Comedy Central, Paramount Network, Nick Jr., VH1, TV Land, CMT, Logo, Channel 5, Milkshake!, Telefe, Colors, Paramount Channel, TeenNick, Nicktoons, Nick Music, MTV2, MTV Classic, MTV Live, BET Her, BET Gospel, and BET Hip Hop, as well as through online, mobile, and apps.

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Institutional Ownership by Quarter for Viacom (NASDAQ:VIA)

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