TFO Wealth Partners LLC Purchases 1,655 Shares of Viasat, Inc. (NASDAQ:VSAT)

TFO Wealth Partners LLC grew its position in Viasat, Inc. (NASDAQ:VSATFree Report) by 11,033.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,670 shares of the communications equipment provider’s stock after purchasing an additional 1,655 shares during the period. TFO Wealth Partners LLC’s holdings in Viasat were worth $47,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Viasat by 40.3% during the third quarter. Vanguard Group Inc. now owns 11,897,337 shares of the communications equipment provider’s stock worth $219,625,000 after acquiring an additional 3,417,316 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Viasat by 6.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 802,096 shares of the communications equipment provider’s stock valued at $14,807,000 after purchasing an additional 50,252 shares in the last quarter. Invesco Ltd. grew its position in shares of Viasat by 68.0% in the 3rd quarter. Invesco Ltd. now owns 1,133,429 shares of the communications equipment provider’s stock valued at $20,923,000 after purchasing an additional 458,959 shares during the period. CI Investments Inc. bought a new stake in Viasat during the 3rd quarter worth approximately $120,000. Finally, Caxton Associates LP acquired a new stake in Viasat during the 3rd quarter worth approximately $518,000. 86.05% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on VSAT. Needham & Company LLC lowered their price objective on shares of Viasat from $35.00 to $28.00 and set a “buy” rating for the company in a research report on Wednesday, May 22nd. Bank of America increased their target price on Viasat from $24.00 to $28.00 and gave the stock a “buy” rating in a report on Thursday, May 30th. Barclays reduced their price objective on Viasat from $28.00 to $24.00 and set an “equal weight” rating for the company in a research report on Wednesday. Deutsche Bank Aktiengesellschaft dropped their target price on Viasat from $23.00 to $22.00 and set a “hold” rating on the stock in a research report on Tuesday, May 28th. Finally, JPMorgan Chase & Co. reduced their price target on Viasat from $30.00 to $23.00 and set an “overweight” rating for the company in a research report on Friday, May 31st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $26.33.

Get Our Latest Analysis on Viasat

Viasat Stock Down 0.9 %

Shares of NASDAQ VSAT opened at $15.85 on Friday. The company has a debt-to-equity ratio of 1.41, a current ratio of 2.68 and a quick ratio of 2.44. The stock has a 50 day moving average price of $16.70 and a 200 day moving average price of $20.15. Viasat, Inc. has a 52 week low of $13.80 and a 52 week high of $47.00.

Viasat Company Profile

(Free Report)

Viasat, Inc provides broadband and communications products and services worldwide. The company's Satellite Services segment offers satellite-based fixed broadband services, including broadband internet access and voice over internet protocol services to consumers and businesses; in-flight entertainment and aviation software services to commercial airlines and private business jets; satellite-based connectivity services; mobile broadband services, including satellite-based internet services to energy offshore vessels, cruise ships, consumer ferries, and yachts; and energy services, which include ultra-secure solutions IP connectivity, bandwidth-optimized over-the-top applications, industrial internet-of-things big data enablement, and industry-leading machine learning analytics.

Further Reading

Want to see what other hedge funds are holding VSAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Viasat, Inc. (NASDAQ:VSATFree Report).

Institutional Ownership by Quarter for Viasat (NASDAQ:VSAT)

Receive News & Ratings for Viasat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viasat and related companies with MarketBeat.com's FREE daily email newsletter.