New York State Common Retirement Fund Purchases 10,374 Shares of ViacomCBS Inc. (NASDAQ:VIACA)

New York State Common Retirement Fund grew its position in shares of ViacomCBS Inc. (NASDAQ:VIACA) by 77.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 23,842 shares of the company’s stock after purchasing an additional 10,374 shares during the period. New York State Common Retirement Fund’s holdings in ViacomCBS were worth $1,155,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VIACA. Prentice Capital Management LP bought a new stake in shares of ViacomCBS in the first quarter worth approximately $13,548,000. Renaissance Technologies LLC grew its stake in shares of ViacomCBS by 65.5% during the 1st quarter. Renaissance Technologies LLC now owns 190,942 shares of the company’s stock valued at $9,007,000 after purchasing an additional 75,539 shares during the period. CQS US LLC lifted its stake in shares of ViacomCBS by 95.4% in the 1st quarter. CQS US LLC now owns 127,464 shares of the company’s stock worth $6,013,000 after purchasing an additional 62,239 shares during the period. MUFG Securities EMEA plc purchased a new position in shares of ViacomCBS in the first quarter worth approximately $1,462,000. Finally, Trexquant Investment LP purchased a new stake in ViacomCBS during the first quarter valued at approximately $1,192,000. Institutional investors own 0.99% of the company’s stock.

NASDAQ:VIACA opened at $43.16 on Wednesday. The firm has a market capitalization of $27.90 billion, a price-to-earnings ratio of 8.13 and a beta of 1.46. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.78 and a quick ratio of 1.61. The business has a fifty day moving average price of $44.87 and a 200-day moving average price of $50.53. ViacomCBS Inc. has a one year low of $28.75 and a one year high of $101.60.

ViacomCBS (NASDAQ:VIACA) last posted its quarterly earnings results on Thursday, August 5th. The company reported $0.97 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.01. ViacomCBS had a net margin of 12.51% and a return on equity of 15.64%.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 1st. Stockholders of record on Wednesday, September 15th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.22%. The ex-dividend date is Tuesday, September 14th.

ViacomCBS Profile

ViacomCBS, Inc operates as a mass media company, which creates and distributes content across a variety of platforms to audiences around the world. It operates its business through following segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment is composed of the CBS Television Network, CBS Television Studios, CBS Studios International, CBS Television Distribution, CBS Interactive, and CBS Films as well as the Company’s digital streaming services, CBS All Access and CBSN.

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Institutional Ownership by Quarter for ViacomCBS (NASDAQ:VIACA)

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