FIL Ltd increased its position in Viomi Technology Co., Ltd (NASDAQ:VIOT) by 7.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,839,439 shares of the company’s stock after buying an additional 123,995 shares during the quarter. FIL Ltd owned about 2.66% of Viomi Technology worth $9,473,000 at the end of the most recent reporting period.
Separately, Morgan Stanley grew its position in Viomi Technology by 1.0% in the third quarter. Morgan Stanley now owns 2,318,327 shares of the company’s stock worth $14,026,000 after buying an additional 23,012 shares during the last quarter.
Separately, Zacks Investment Research raised Viomi Technology from a “sell” rating to a “hold” rating in a research note on Thursday, November 26th.
Viomi Technology (NASDAQ:VIOT) last released its quarterly earnings results on Tuesday, November 24th. The company reported $0.79 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.68. Viomi Technology had a net margin of 2.69% and a return on equity of 16.21%. The business had revenue of $218.97 million for the quarter. As a group, analysts forecast that Viomi Technology Co., Ltd will post 0.31 EPS for the current year.
About Viomi Technology
Viomi Technology Co, Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China. The company offers IoT-enabled smart home products, including smart water purification systems; smart kitchen products, such as refrigerators, oven steamers, dishwashers, range hoods, and gas stoves; and other smart products comprising air conditioning systems, washing machines, water heaters, smart water kettles, sweeper robots, smart locks, and other smart devices.
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