Chevy Chase Trust Holdings Inc. lifted its position in Viacom, Inc. (NASDAQ:VIAB) by 1.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 307,879 shares of the company’s stock after acquiring an additional 3,907 shares during the period. Chevy Chase Trust Holdings Inc. owned 0.08% of Viacom worth $8,572,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in VIAB. Johnson Financial Group Inc. bought a new position in shares of Viacom in the 2nd quarter worth approximately $108,000. First Personal Financial Services increased its position in Viacom by 5.9% during the 2nd quarter. First Personal Financial Services now owns 3,268 shares of the company’s stock valued at $110,000 after buying an additional 182 shares in the last quarter. First Mercantile Trust Co. increased its position in Viacom by 1.6% during the 2nd quarter. First Mercantile Trust Co. now owns 3,428 shares of the company’s stock valued at $115,000 after buying an additional 54 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Viacom by 13.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,686 shares of the company’s stock valued at $124,000 after buying an additional 423 shares in the last quarter. Finally, Boston Private Wealth LLC increased its position in Viacom by 1.8% during the 2nd quarter. Boston Private Wealth LLC now owns 6,093 shares of the company’s stock valued at $205,000 after buying an additional 108 shares in the last quarter. 79.26% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts recently weighed in on the company. B. Riley reaffirmed a “neutral” rating on shares of Viacom in a research report on Wednesday, November 1st. Piper Jaffray Companies reaffirmed a “hold” rating and set a $40.00 price objective on shares of Viacom in a research report on Tuesday, September 26th. BMO Capital Markets reaffirmed a “hold” rating and set a $27.00 price objective on shares of Viacom in a research report on Wednesday, November 22nd. ValuEngine raised Viacom from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Zacks Investment Research raised Viacom from a “sell” rating to a “hold” rating in a research report on Monday, November 20th. Six investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and nine have assigned a buy rating to the company. Viacom presently has an average rating of “Hold” and a consensus target price of $35.78.

Viacom, Inc. (VIAB) opened at $30.24 on Friday. The stock has a market capitalization of $12,390.00, a price-to-earnings ratio of 7.83, a PEG ratio of 1.04 and a beta of 1.60. Viacom, Inc. has a 52 week low of $22.13 and a 52 week high of $46.72. The company has a quick ratio of 1.30, a current ratio of 1.55 and a debt-to-equity ratio of 1.81.

Viacom (NASDAQ:VIAB) last released its quarterly earnings results on Thursday, November 16th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.09). The firm had revenue of $3.32 billion during the quarter, compared to analysts’ expectations of $3.23 billion. Viacom had a return on equity of 28.95% and a net margin of 14.13%. The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the business earned $1.54 earnings per share. research analysts predict that Viacom, Inc. will post 3.78 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 15th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.80 annualized dividend and a yield of 2.65%. Viacom’s dividend payout ratio (DPR) is presently 17.17%.

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Viacom Profile

Viacom Inc offers global media brands that create television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences and other entertainment content. As of September 30, 2016, the Company offered its services for audiences in more than 180 countries.

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Institutional Ownership by Quarter for Viacom (NASDAQ:VIAB)

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