Mariner LLC Has $824,000 Holdings in Paramount Global (NASDAQ:PARA)
2025-04-29T08:01:02Z
Mariner LLC trimmed its stake in Paramount Global (NASDAQ:PARA – Free Report) by 2.5% in the fourth quarter, HoldingsChannel reports. The firm owned 78,793 shares of the company’s stock after selling 2,010 shares during the period. Mariner LLC’s holdings in P…
Mariner LLC trimmed its stake in Paramount Global (NASDAQ:PARA – Free Report) by 2.5% in the fourth quarter, HoldingsChannel reports. The firm owned 78,793 shares of the company’s stock after selling 2,010 shares during the period. Mariner LLC’s holdings in Paramount Global were worth $824,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Paramount Global by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 67,040,366 shares of the company’s stock worth $701,242,000 after purchasing an additional 761,561 shares during the period. Lingotto Investment Management LLP grew its holdings in Paramount Global by 3.7% in the fourth quarter. Lingotto Investment Management LLP now owns 44,753,299 shares of the company’s stock worth $468,120,000 after purchasing an additional 1,593,579 shares during the period. Invesco Ltd. grew its holdings in Paramount Global by 5.7% in the fourth quarter. Invesco Ltd. now owns 20,593,954 shares of the company’s stock worth $215,413,000 after purchasing an additional 1,119,314 shares during the period. Geode Capital Management LLC grew its holdings in Paramount Global by 4.9% in the fourth quarter. Geode Capital Management LLC now owns 15,567,531 shares of the company’s stock worth $162,731,000 after purchasing an additional 724,565 shares during the period. Finally, Contrarius Group Holdings Ltd acquired a new stake in Paramount Global in the fourth quarter worth $146,230,000. 73.00% of the stock is currently owned by institutional investors and hedge funds.
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Wall Street Analyst Weigh In
A number of research firms have commented on PARA. Guggenheim restated a “buy” rating and issued a $14.00 price target on shares of Paramount Global in a report on Thursday, February 27th. Deutsche Bank Aktiengesellschaft lowered shares of Paramount Global from a “buy” rating to a “hold” rating and set a $12.00 price objective on the stock. in a research note on Wednesday, April 2nd. Morgan Stanley raised their price objective on shares of Paramount Global from $10.00 to $11.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. Needham & Company LLC reaffirmed a “hold” rating on shares of Paramount Global in a research note on Thursday, February 27th. Finally, StockNews.com started coverage on shares of Paramount Global in a research note on Wednesday, April 23rd. They issued a “hold” rating on the stock. Seven research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Paramount Global presently has a consensus rating of “Hold” and an average price target of $11.92.
Paramount Global Stock Performance
Shares of PARA stock opened at $11.69 on Tuesday. The firm has a market cap of $7.80 billion, a price-to-earnings ratio of -1.42, a P/E/G ratio of 1.68 and a beta of 1.31. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.10 and a current ratio of 1.27. Paramount Global has a 52 week low of $9.54 and a 52 week high of $14.54. The firm’s 50-day simple moving average is $11.40 and its two-hundred day simple moving average is $11.00.
Paramount Global (NASDAQ:PARA – Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.18 by ($0.29). The company had revenue of $7.98 billion during the quarter, compared to the consensus estimate of $8.07 billion. Paramount Global had a positive return on equity of 5.81% and a negative net margin of 18.89%. As a group, equities analysts forecast that Paramount Global will post 1.77 earnings per share for the current year.
Paramount Global Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 17th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend was Monday, March 17th. Paramount Global’s dividend payout ratio is -2.15%.
Paramount Global Profile
(Free Report)
Paramount Global operates as a media, streaming, and entertainment company worldwide. It operates through TV Media, Direct-to-Consumer, and Filmed Entertainment segments. The TV Media segment operates CBS Television Network, a domestic broadcast television network; CBS Stations, a television station; and international free-to-air networks comprising Network 10, Channel 5, Telefe, and Chilevisión; domestic premium and basic cable networks, such as Paramount+ with Showtime, MTV, Comedy Central, Paramount Network, The Smithsonian Channel, Nickelodeon, BET Media Group, and CBS Sports Network; and international extensions of these brands.
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