Oldfield Partners Llp Trimmed By $18.25 Million Its Viacom (VIAB) Position; Davide Campari-Milano S.p.A. (DVDCY) Had 1 Analysts Last Week

June 24, 2018 - By Dolores Ford

Davide Campari-Milano S.p.A. (OTCMKTS:DVDCY) Logo

Oldfield Partners Llp decreased Viacom (VIAB) stake by 8.76% reported in 2018Q1 SEC filing. Oldfield Partners Llp sold 588,700 shares as Viacom (VIAB)’s stock declined 18.83%. The Oldfield Partners Llp holds 6.13 million shares with $190.53 million value, down from 6.72 million last quarter. Viacom now has $12.42 billion valuation. The stock decreased 0.39% or $0.12 during the last trading session, reaching $30.28. About 2.49 million shares traded. Viacom, Inc. (NASDAQ:VIAB) has declined 21.25% since June 24, 2017 and is downtrending. It has underperformed by 33.82% the S&P500. Some Historical VIAB News: 03/04/2018 – CNBC Now: BREAKING: CBS has submitted bid for Viacom that is below its market value; CBS special committee wants Moonves,; 11/04/2018 – New York Post: Shari Redstone weighs CBS-Viacom merger without Les Moonves; 02/04/2018 – The bid is below Viacom’s current market valuation, indicating tough negotiations lie ahead; 03/04/2018 – CNBC Now: BREAKING: CBS has submitted big for Viacom that is below its market value; CBS special committee wants Moonves,; 11/04/2018 – BREAKING: In coming days or weeks, it is likely that controlling shareholder Shari Redstone will move to fire CBS CEO Moonves and/or directors supportive of him as he battles to impose his will on the mgmt. structure of a combined CBS/Viacom, sources say; 14/05/2018 – CBS sues Shari Redstone in bid to stop Viacom merger; 03/04/2018 – CBS, VIACOM DEAL TALKS ARE SAID TO HIT POTENTIAL ROADBLOCK:CNBC; 08/05/2018 – CNBC Now: CBS & Viacom deal talks remain in gridlock after Shari Redstone’s concessions fail to aid talks, sources say. CBS; 22/05/2018 – Nickelodeon Renews Four Hit Series from Top-Ranked Preschool Portfolio; 14/05/2018 – Deadline Hollywd: Verizon Expressed Interest In Acquiring CBS Before Viacom Talks Heated Up

Among 4 analysts covering Davide Campari (OTCMKTS:DVDCY), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. Davide Campari had 4 analyst reports since September 24, 2015 according to SRatingsIntel. Bernstein initiated the stock with “Mkt Perform” rating in Thursday, September 24 report. Bank of America downgraded Davide Campari-Milano S.p.A. (OTCMKTS:DVDCY) on Monday, December 14 to “Neutral” rating. The stock of Davide Campari-Milano S.p.A. (OTCMKTS:DVDCY) has “Outperform” rating given on Monday, November 14 by Raymond James. The rating was downgraded by Societe Generale to “Sell” on Thursday, November 5. See Davide Campari-Milano S.p.A. (OTCMKTS:DVDCY) latest ratings:

Analysts await Viacom, Inc. (NASDAQ:VIAB) to report earnings on August, 2. They expect $1.08 EPS, down 7.69% or $0.09 from last year’s $1.17 per share. VIAB’s profit will be $442.95M for 7.01 P/E if the $1.08 EPS becomes a reality. After $0.92 actual EPS reported by Viacom, Inc. for the previous quarter, Wall Street now forecasts 17.39% EPS growth.

Among 39 analysts covering Viacom Inc. (NASDAQ:VIAB), 13 have Buy rating, 0 Sell and 26 Hold. Therefore 33% are positive. Viacom Inc. had 135 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Viacom, Inc. (NASDAQ:VIAB) earned “Hold” rating by Deutsche Bank on Monday, February 12. The firm earned “Neutral” rating on Monday, February 6 by Wedbush. The firm earned “Overweight” rating on Monday, September 26 by Barclays Capital. The stock has “Neutral” rating by Goldman Sachs on Monday, October 5. The company was maintained on Monday, September 11 by RBC Capital Markets. As per Tuesday, September 13, the company rating was upgraded by Brean Capital. Macquarie Research downgraded the stock to “Underperform” rating in Tuesday, January 2 report. Atlantic Securities upgraded Viacom, Inc. (NASDAQ:VIAB) on Wednesday, February 14 to “Neutral” rating. The stock of Viacom, Inc. (NASDAQ:VIAB) earned “Underweight” rating by Atlantic Securities on Tuesday, February 23. The company was downgraded on Monday, July 11 by Wells Fargo.

Another recent and important Viacom, Inc. (NASDAQ:VIAB) news was published by Investorplace.com which published an article titled: “Nasdaq Hits Record High: 5 Tech Stocks Defying Trade Fears” on June 21, 2018.

The stock increased 2.55% or $0.2 during the last trading session, reaching $8.05. About 1,025 shares traded. Davide Campari-Milano S.p.A. (OTCMKTS:DVDCY) has 0.00% since June 24, 2017 and is . It has underperformed by 12.57% the S&P500.

Davide Campari-Milano S.p.A. manufactures and sells alcoholic and non-alcoholic beverages worldwide. The company has market cap of $9.59 billion. The companyÂ’s product portfolio includes aperitifs, vodka, whisky, tequila, rum, gin, liqueurs, sparkling wines, still wines, ready to drink products, and soft drinks. It has a 23.2 P/E ratio. The firm offers its products under approximately 50 brands.

Viacom, Inc. (NASDAQ:VIAB) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: