Texas Permanent School Fund lessened its position in shares of TiVo Corp (NASDAQ:TIVO) by 7.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 82,505 shares of the technology company’s stock after selling 6,508 shares during the quarter. Texas Permanent School Fund’s holdings in TiVo were worth $1,287,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Smith Graham & Co. Investment Advisors LP grew its position in TiVo by 64.0% during the fourth quarter. Smith Graham & Co. Investment Advisors LP now owns 1,134,945 shares of the technology company’s stock valued at $17,705,000 after buying an additional 442,971 shares during the period. Schwab Charles Investment Management Inc. grew its position in TiVo by 3.4% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 948,274 shares of the technology company’s stock valued at $14,794,000 after buying an additional 31,005 shares during the period. CWM LLC grew its position in TiVo by 33.5% during the fourth quarter. CWM LLC now owns 171,648 shares of the technology company’s stock valued at $2,678,000 after buying an additional 43,050 shares during the period. Nisa Investment Advisors LLC grew its position in TiVo by 50.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 20,160 shares of the technology company’s stock valued at $314,000 after buying an additional 6,800 shares during the period. Finally, AXA grew its position in TiVo by 7.3% during the third quarter. AXA now owns 437,400 shares of the technology company’s stock valued at $8,682,000 after buying an additional 29,573 shares during the period. Institutional investors own 89.96% of the company’s stock.

TiVo Corp (TIVO) opened at $13.15 on Monday. The company has a current ratio of 2.38, a quick ratio of 2.33 and a debt-to-equity ratio of 0.53. The stock has a market cap of $1,605.01, a price-to-earnings ratio of 17.77, a price-to-earnings-growth ratio of 1.04 and a beta of -0.10. TiVo Corp has a twelve month low of $12.75 and a twelve month high of $21.75.

Several research firms recently commented on TIVO. B. Riley restated a “buy” rating and set a $31.00 price target on shares of TiVo in a research report on Monday, October 30th. Piper Jaffray Companies restated a “buy” rating and set a $25.00 price target on shares of TiVo in a research report on Friday, November 3rd. Zacks Investment Research lowered shares of TiVo from a “hold” rating to a “strong sell” rating in a research report on Friday, January 5th. Finally, BWS Financial began coverage on shares of TiVo in a research report on Monday, January 22nd. They set a “buy” rating and a $25.00 price target on the stock. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $23.20.

In related news, CEO Enrique Rodriguez acquired 55,974 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were acquired at an average cost of $17.86 per share, with a total value of $999,695.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.57% of the company’s stock.

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TiVo Profile

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 (NASDAQ:TIVO)

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