Fintel reports that on September 29, 2023, Barrington Research reiterated coverage of VIZIO Holding Corp - (NYSE:VZIO) with a Outperform recommendation.
Analyst Price Forecast Suggests 118.03% Upside
As of August 31, 2023, the average one-year price target for VIZIO Holding Corp - is 11.73. The forecasts range from a low of 6.06 to a high of $16.80. The average price target represents an increase of 118.03% from its latest reported closing price of 5.38.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for VIZIO Holding Corp - is 1,943MM, an increase of 12.98%. The projected annual non-GAAP EPS is 0.16.
What is the Fund Sentiment?
There are 242 funds or institutions reporting positions in VIZIO Holding Corp -. This is an increase of 15 owner(s) or 6.61% in the last quarter. Average portfolio weight of all funds dedicated to VZIO is 0.04%, a decrease of 28.32%. Total shares owned by institutions increased in the last three months by 2.13% to 53,933K shares. 
The put/call ratio of VZIO is 0.44, indicating a bullish outlook.
What are Other Shareholders Doing?
Wellington Management Group Llp holds 5,374K shares representing 2.74% ownership of the company. In it's prior filing, the firm reported owning 8,055K shares, representing a decrease of 49.89%. The firm decreased its portfolio allocation in VZIO by 53.19% over the last quarter.
HFMCX - THE HARTFORD MIDCAP FUND holds 4,928K shares representing 2.51% ownership of the company. In it's prior filing, the firm reported owning 4,799K shares, representing an increase of 2.63%. The firm increased its portfolio allocation in VZIO by 13.17% over the last quarter.
Brown Advisory holds 3,797K shares representing 1.93% ownership of the company. In it's prior filing, the firm reported owning 3,793K shares, representing an increase of 0.11%. The firm increased its portfolio allocation in VZIO by 41.61% over the last quarter.
American Century Companies holds 2,605K shares representing 1.33% ownership of the company. In it's prior filing, the firm reported owning 2,056K shares, representing an increase of 21.08%. The firm decreased its portfolio allocation in VZIO by 10.84% over the last quarter.
Manufacturers Life Insurance Company, The holds 2,294K shares representing 1.17% ownership of the company. In it's prior filing, the firm reported owning 2,288K shares, representing an increase of 0.24%. The firm decreased its portfolio allocation in VZIO by 27.20% over the last quarter.
VIZIO Holdings Background Information
(This description is provided by the company.)
Vizio Holding Corp. operates as a holding company. The Company, through its subsidiaries, designs and manufactures consumer electronics such as smart TVs, sound bars, and smartcast operating systems. Vizio Holding serves customers worldwide.
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