Viacom Inc. (VIAB) Holdings Increased by Thompson Investment Management Inc


Viacom Inc. (VIAB) Holdings Increased by Thompson Investment Management Inc

For the final quarter of its fiscal year, Viacom posted, as forecast, higher advertising revenue at its media networks unit and a drop in USA affiliate revenue amid continued pay TV subscriber declines. Viacom, Inc. (NASDAQ:VIAB) has declined 8.36% since November 16, 2016 and is downtrending.

Several analysts recently issued reports on VIAB shares.

For the fourth quarter, Viacom reported a profit of $674 million, or $1.67 per share, up 167% from a year ago.

Viacom, Inc. (NASDAQ:VIAB) gross margin percentage stands at 43.7% while its operating margin for the past trailing twelve month is 18.1 percent and its overall profit margin (ttm) is 11 Percent.

Conning Inc, which manages about $80.03 billion and $2.75B US Long portfolio, upped its stake in Intel Corp (NASDAQ:INTC) by 13,514 shares to 1.02M shares, valued at $34.29M in 2017Q2, according to the filing. These holdings make up 85.02% of the company's outstanding shares.

Viacom's cable networks business has seen audience improvements, with total ratings up 3 percent in the most recent quarter, including 27 percent growth at BET, where the miniseries New Edition was a success, and 11 percent at MTV. Relative Strength Index (RSI-14) for Viacom, Inc. Finally, Delta Asset Management LLC TN lifted its holdings in shares of Viacom by 12.2% in the second quarter.

26 analysts on average are expecting the company to report revenue of $3.23 Billion for the current quarter.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -29.52%, and has a solid year to date (YTD) performance of -29.89% which means that the stock is constantly adding to its value from the previous fiscal year end price.

ILLEGAL ACTIVITY NOTICE: "Viacom Inc".

VIA stock was down 2% and VIAB stock was down 4% as of noon Thursday. The stock is now moving below its 20-Day Simple Moving Average of -1.23% with a 50-Day Simple Moving Average of -6.19 percent. Viacom Inc. has a 52 week low of $22.88 and a 52 week high of $46.72. The company has a market cap of $9,868.74, a price-to-earnings ratio of 6.65, a PEG ratio of 0.84 and a beta of 1.54. The company has a debt-to-equity ratio of 2.03, a current ratio of 1.35 and a quick ratio of 1.11.

Viacom (NASDAQ:VIAB) last posted its earnings results on Thursday, November 16th. In terms of recent volatility, the average for the month is 3.52% and 3.37% for the past week. The Return on Equity ratio of Viacom, Inc.

Domestic affiliate revenue fell 3 percent to $948 million in the quarter and domestic ad sales were flat at $936 million. The stock has advanced 3.98% to a low over the previous one year and showed declining move -49.08% to a high over the same period.

Viacom Inc (VIAB.O), owner of MTV and Comedy Central, said Thursday it expects lower revenue from cable and satellite companies in 2018, a forecast that sent its shares down nearly 10 percent in morning trading.

The company 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. This represents a $0.80 annualized dividend and a dividend yield of 3.38%. The ex-dividend date of this dividend is Thursday, December 14th. Viacom's dividend payout ratio is now 21.98%. Barclays PLC set a $37.00 price target on shares of Viacom and gave the company an "equal weight" rating in a research report on Friday, August 4th. Wells Fargo & Company cut shares of Viacom from an "outperform" rating to a "market perform" rating in a research report on Tuesday, September 5th. Eight analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and nine have assigned a buy rating to the company's stock. The stock presently has a consensus rating of "Hold" and an average target price of $38.85.