Mutual of America Capital Management LLC Buys 107,006 Shares of Viasat, Inc. (NASDAQ:VSAT)

Mutual of America Capital Management LLC boosted its position in shares of Viasat, Inc. (NASDAQ:VSAT - Free Report) by 37.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 390,310 shares of the communications equipment provider's stock after acquiring an additional 107,006 shares during the period. Mutual of America Capital Management LLC owned approximately 0.31% of Viasat worth $10,909,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VSAT. Quarry LP acquired a new stake in Viasat during the second quarter valued at approximately $36,000. Captrust Financial Advisors boosted its holdings in shares of Viasat by 29.2% in the 2nd quarter. Captrust Financial Advisors now owns 1,313 shares of the communications equipment provider's stock worth $40,000 after acquiring an additional 297 shares in the last quarter. Tower Research Capital LLC TRC acquired a new position in Viasat during the 2nd quarter worth $48,000. Russell Investments Group Ltd. acquired a new position in Viasat during the 2nd quarter worth $65,000. Finally, Hanson & Doremus Investment Management lifted its holdings in Viasat by 579.1% during the 3rd quarter. Hanson & Doremus Investment Management now owns 3,837 shares of the communications equipment provider's stock worth $71,000 after buying an additional 3,272 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Barclays reduced their price objective on Viasat from $30.00 to $28.00 and set an "equal weight" rating on the stock in a report on Friday, February 23rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $38.17.

Viasat Trading Up 2.0 %

Shares of Viasat stock traded up $0.34 on Thursday, hitting $17.23. 850,113 shares of the company's stock traded hands, compared to its average volume of 1,102,780. The firm's 50-day moving average price is $18.75 and its two-hundred day moving average price is $20.71. The stock has a market capitalization of $2.16 billion, a PE ratio of 2.20 and a beta of 1.33. Viasat, Inc. has a one year low of $15.02 and a one year high of $47.35. The company has a debt-to-equity ratio of 1.40, a current ratio of 2.71 and a quick ratio of 2.46.

Viasat (NASDAQ:VSAT - Get Free Report) last issued its earnings results on Tuesday, February 6th. The communications equipment provider reported ($0.99) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.85). The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.12 billion. Viasat had a net margin of 6.01% and a return on equity of 4.52%. On average, research analysts expect that Viasat, Inc. will post -1.43 EPS for the current fiscal year.

Viasat Company Profile

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.