Viacom Inc. (NASDAQ:VIA) declared a dividend on Wednesday, September 21st. Shareholders of record on Monday, September 26th will be paid a dividend of 0.20 per share on Monday, October 3rd. The ex-dividend date is Thursday, September 22nd.

A number of research analysts have commented on VIA shares. Loop Capital restated a “hold” rating and issued a $46.00 target price on shares of Viacom in a research note on Monday, August 29th. Telsey Advisory Group reiterated a “market perform” rating and set a $47.00 price target (down previously from $51.00) on shares of Viacom in a research note on Sunday, August 28th. Stifel Nicolaus reiterated a “hold” rating on shares of Viacom in a research note on Monday. TheStreet upgraded Viacom from a “hold” rating to a “buy” rating in a research note on Tuesday, May 24th. Finally, Argus reiterated a “hold” rating on shares of Viacom in a research note on Monday, August 15th. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $49.00.

Viacom (NASDAQ:VIA) traded down 1.06% during midday trading on Wednesday, reaching $40.06. The company had a trading volume of 55,727 shares. Viacom has a one year low of $33.88 and a one year high of $54.69. The company has a market capitalization of $15.89 billion, a PE ratio of 7.71 and a beta of 1.25. The stock’s 50 day moving average is $45.58 and its 200 day moving average is $45.67.

A number of hedge funds and other institutional investors have recently made changes to their positions in VIA. Allianz Asset Management AG boosted its stake in 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. Rhumbline Advisers boosted its stake in Viacom by 44.0% in the second quarter. Rhumbline Advisers now owns 7,385 shares of the company’s stock worth $343,000 after buying an additional 2,256 shares during the last quarter. Panagora Asset Management Inc. bought a new stake in Viacom during the second quarter worth $111,000. BlackRock Advisors LLC bought a new stake in Viacom during the second quarter worth $225,000. Finally, Alliancebernstein L.P. bought a new stake in Viacom during the second quarter worth $227,000. Institutional investors and hedge funds own 2.18% of the company’s stock.

Viacom Company Profile

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.

5 Day Chart for NASDAQ:VIA

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