Do Hedge Funds And Goldman Sachs Think Alike On These Promising Micro-Driven Stocks?

3. Viacom, Inc. (NASDAQ:VIAB)

Investors with Long Positions (as of June 30): 47

Aggregate Value of Investors’ Holdings (as of June 30): $2.25 Billion

Viacom, Inc. (NASDAQ:VIAB) was one of the companies that suffered a major beating when stocks from the media sector slumped recently. Even though it remained largely flat during the first half of the year, the downfall that Viacom, Inc. (NASDAQ:VIAB)’s stock has seen in just under the past three months has resulted in it trading down by 43% year-to-date. Regardless of this, the company managed to take the second spot on Goldman’s list with a dispersion score of 3.3 and an upside potential of 52% to Goldman’s price target. Among the hedge funds we cover, there was an increase in ownership of the company by seven funds during the second quarter. However, the aggregate value of hedge funds’ holdings in it came down by $268 million during the same period. At the end of last month another company in this list, Netflix, Inc. (NASDAQ:NFLX), announced that it is severing its ties with EPIX, a TV network operated by Viacom. Following this, EPIX announced that it is strengthening its relationship with Hulu. Donald Yacktman‘s Yacktman Asset Management was the largest shareholder of Viacom at the end of June among the funds covered by us, owning 9.27 million shares.

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