Trading volume for Viad Corp was 161K in the last trading session. Volume was up 107.53% over the stocks average daily volume.
Traders are a little more bullish on the company recently if you take into consideration the fall in short interest. The stock saw a fall in short interest of -16.17% as of the latest report on October 13, 2017. Short shares decreased 44,288 over that period. With short interest at 229,650 and short average daily volume at 62,260, the short-interest ratio is 4.0 and the percentage of shorted shares is 0.01% as of October 13.
These funds have shifted positions in (VVI). Reinhart Partners, Inc. divested its investment by shedding 130 shares a decrease of 0.3% from 06/30/2017 to 09/30/2017. Reinhart Partners, Inc. claims 43,165 shares valued at $2,629,000. The value of the position overall is up by 28.5%. As of the end of the quarter First Trust Advisors Lp had bought 16,639 shares growing its stake by 60.4%. The value in dollars went from $1,301,000 to $2,691,000 increasing 106.8% for the reporting period.
As of quarter end Northpointe Capital LLC had disposed of a total of 11,994 shares trimming its holdings by 15.1%. The value of the investment in VVI increased from $3,755,000 to $4,110,000 a change of $355,000 quarter to quarter. Aperio Group, LLC trimmed its holdings by selling 458 shares a decrease of 7.4% as of 09/30/2017. Aperio Group, LLC controls 5,755 shares with a value of $350,000. The total value of its holdings increased 19.0%.
The company is up by 1.13% since yesterday’s close of $58.05. The company also recently announced a dividend that was paid on Mon Oct 2, 2017. The dividend payment was $0.100 per share for the quarter or $0.40 annualized. This dividend represents a yield of $0.67. The ex-dividend date was Thursday the 7th of September 2017.
It is currently trading at $58.05 which is slightly below the 50 day moving average of $59.46 and significantly above the 200 day moving average of $51.07. The 50 day moving average was down $-1.41 and the 200 day average went up $6.98 or +13.66%.
The company currently has a P/E ratio of 18.31 and the market value is 1.18B. In the latest earnings report the EPS was $3.17 and is expected to be $2.61 for the current year with 20,409,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $0.18 with next year’s EPS projected to be $2.89.
Viad Corp, launched on December 16, 1991, is an international experiential services company. The Company has operations in the United States, Canada, the United Kingdom, continental Europe and the United Arab Emirates. It operates through two main business groups: GES, which is a live event service provider to some of the visible and influential events and global brands, and Pursuit, which is a collection of destination travel experiences..