TiVo Corp (NASDAQ:TIVO)’s share price hit a new 52-week low on Wednesday . The company traded as low as $14.95 and last traded at $15.90, with a volume of 884100 shares traded. The stock had previously closed at $16.15.

A number of brokerages have recently weighed in on TIVO. ValuEngine cut shares of TiVo from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. B. Riley cut shares of TiVo from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $24.00 to $18.00 in a research report on Wednesday. Jefferies Group reissued a “buy” rating and set a $18.00 price target on shares of TiVo in a research report on Thursday, September 21st. Cowen reissued a “buy” rating and set a $30.00 price target on shares of TiVo in a research report on Friday, September 8th. Finally, Piper Jaffray Companies reissued a “buy” rating and set a $25.00 price target on shares of TiVo in a research report on Friday, November 3rd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. TiVo has a consensus rating of “Buy” and an average target price of $22.75.

The stock has a market capitalization of $1,971.17, a PE ratio of 21.82, a price-to-earnings-growth ratio of 1.29 and a beta of 0.11. The company has a quick ratio of 2.33, a current ratio of 2.38 and a debt-to-equity ratio of 0.53.

TiVo (NASDAQ:TIVO) last posted its quarterly earnings data on Thursday, November 2nd. The technology company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.07). The company had revenue of $197.90 million during the quarter, compared to the consensus estimate of $190.83 million. TiVo had a negative net margin of 5.39% and a positive return on equity of 4.72%. The company’s revenue was up 29.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.59 earnings per share. sell-side analysts expect that TiVo Corp will post 1.25 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th will be given a $0.18 dividend. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $0.72 annualized dividend and a yield of 4.53%. TiVo’s dividend payout ratio is currently -184.62%.

In related news, EVP Pamela A. Sergeeff sold 3,147 shares of the business’s stock in a transaction on Friday, September 29th. The shares were sold at an average price of $20.00, for a total value of $62,940.00. Following the sale, the executive vice president now directly owns 89,976 shares of the company’s stock, valued at approximately $1,799,520. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Enrique Rodriguez acquired 55,974 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was bought at an average cost of $17.86 per share, for a total transaction of $999,695.64. The disclosure for this purchase can be found here. Insiders own 3.57% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Amalgamated Bank lifted its position in TiVo by 0.5% during the 2nd quarter. Amalgamated Bank now owns 15,847 shares of the technology company’s stock worth $296,000 after buying an additional 85 shares in the last quarter. Cipher Capital LP lifted its position in TiVo by 0.3% during the 2nd quarter. Cipher Capital LP now owns 26,769 shares of the technology company’s stock worth $499,000 after buying an additional 89 shares in the last quarter. Arizona State Retirement System lifted its position in TiVo by 0.3% during the 2nd quarter. Arizona State Retirement System now owns 63,200 shares of the technology company’s stock worth $1,179,000 after buying an additional 200 shares in the last quarter. People s United Financial Inc. lifted its position in TiVo by 0.4% during the 2nd quarter. People s United Financial Inc. now owns 71,188 shares of the technology company’s stock worth $1,328,000 after buying an additional 276 shares in the last quarter. Finally, Aperio Group LLC lifted its position in TiVo by 2.1% during the 2nd quarter. Aperio Group LLC now owns 25,054 shares of the technology company’s stock worth $467,000 after buying an additional 521 shares in the last quarter. 90.30% of the stock is currently owned by institutional investors and hedge funds.

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TiVo Company 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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