<div id="readability-page-1"><p>Alpha Omega Wealth Management LLC boosted its stake in Paramount Global (NASDAQ:PARA - Free Report) by 5.8% during the 2nd quarter, according to the company in its most recent filing with the Securities &amp; Exchange Commission. The institutional investor owned 475,060 shares of the company's stock after purchasing an additional 26,016 shares during the quarter. Paramount Global comprises approximately 0.9% of Alpha Omega Wealth Management LLC's holdings, making the stock its 27th largest holding. Alpha Omega Wealth Management LLC owned 0.07% of Paramount Global worth $4,936,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><div><p><span></span><span>Get <strong>Paramount Global</strong> alerts:</span></p></div><ul><li>Akamai: AI Tailwinds Drive Edge Computing and Security Growth</li></ul><p>Several other hedge funds and other institutional investors have also made changes to their positions in PARA. Kodai Capital Management LP purchased a new position in Paramount Global during the 4th quarter valued at approximately $84,842,000. Vanguard Group Inc. boosted its position in shares of Paramount Global by 6.5% during the 1st quarter. Vanguard Group Inc. now owns 62,090,467 shares of the company's stock valued at $730,805,000 after acquiring an additional 3,803,928 shares during the last quarter. Capitolis Liquid Global Markets LLC purchased a new position in shares of Paramount Global in the first quarter valued at $33,191,000. Norges Bank bought a new stake in Paramount Global in the fourth quarter worth $41,497,000. Finally, Lingotto Investment Management LLP raised its stake in Paramount Global by 375.8% during the fourth quarter. Lingotto Investment Management LLP now owns 3,263,978 shares of the company's stock valued at $48,388,000 after purchasing an additional 2,577,978 shares in the last quarter. Institutional investors own 73.00% of the company's stock. </p><h2>Paramount Global Trading Down 0.3 %</h2><p>Shares of Paramount Global stock traded down $0.03 on Monday, hitting $11.33. 9,387,916 shares of the company traded hands, compared to its average volume of 17,259,455. The company has a current ratio of 1.30, a quick ratio of 1.15 and a debt-to-equity ratio of 0.85. The company has a market cap of $7.55 billion, a PE ratio of -75.53, a PEG ratio of 0.61 and a beta of 1.78. The stock's 50 day moving average price is $10.95 and its 200-day moving average price is $11.50. Paramount Global has a 52 week low of $9.54 and a 52 week high of $17.50. </p><h2>Paramount Global Announces Dividend</h2><ul><li>Is the Disney Stock Sell-Off a Prime Buying Opportunity?</li></ul><p>The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Monday, September 16th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend is Monday, September 16th. Paramount Global's dividend payout ratio (DPR) is presently -133.32%. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of brokerages have commented on PARA. Wells Fargo &amp; Company raised shares of Paramount Global from an &#34;underweight&#34; rating to an &#34;equal weight&#34; rating and lifted their price objective for the stock from $10.00 to $11.00 in a research note on Friday, August 9th. Wolfe Research cut Paramount Global from a &#34;peer perform&#34; rating to an &#34;underperform&#34; rating and set a $10.00 price objective on the stock. in a research note on Tuesday, July 9th. Rosenblatt Securities restated a &#34;neutral&#34; rating and set a $14.00 price objective on shares of Paramount Global in a research report on Tuesday, June 4th. JPMorgan Chase &amp; Co. dropped their target price on Paramount Global from $12.00 to $11.00 and set an &#34;underweight&#34; rating for the company in a report on Thursday, August 15th. Finally, Seaport Res Ptn downgraded Paramount Global from a &#34;buy&#34; rating to a &#34;neutral&#34; rating in a research report on Thursday, May 2nd. Eleven research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of &#34;Hold&#34; and a consensus target price of $12.47.</p><br/><ul><li>Netflix Stock: Can Bundling with Competitors Drive Shares Higher?</li></ul><p><b>Read Our Latest Report on PARA</b></p><h2>Paramount Global Profile</h2> (Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Paramount Global</li><li>With Risk Tolerance, One Size Does Not Fit All</li><li>Why the Buy-and-Hold Strategy May Be Best for Most Investors </li><li>Technology Stocks Explained: Here's What to Know About Tech</li><li>Eli Lilly’s Path to the Next Trillion Market Capitalization </li><li>Should You Add These Warren Buffett Stocks to Your Portfolio?</li><li>Mobileye Global: CEO Makes $10 Million Bet on Future Strength</li></ul><p><strong>Want to see what other hedge funds are holding PARA?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Paramount Global (NASDAQ:PARA - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEFSQQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEFSQQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. 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MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Paramount Global wasn't on the list.</p><p>While Paramount Global currently has a &#34;Reduce&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

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PARA

<p>Alpha Omega Wealth Management LLC has increased its stake in Paramount Global (NASDAQ:PARA) by 5.8%, acquiring an additional 26,016 shares in Q2. The institutional investor now holds 475,060 shares, representing 0.9% of its portfolio. Other institutional investors, including Vanguard Group and Lingotto Investment Management, have also adjusted their positions in PARA. The stock recently has seen a slight decline of 0.3%. Paramount is set to pay a quarterly dividend of $0.05 per share, with a yield of 1.77%.</p>

Alpha Omega Wealth Management LLC Buys 26,016 Shares of Paramount Global (NASDAQ:PARA)