Grupo Televisa SAB (NYSE:TV) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Sunday.

Other equities research analysts have also recently issued reports about the stock. UBS Group upgraded shares of Grupo Televisa SAB from a “market perform” rating to an “outperform” rating in a research report on Thursday, November 30th. Citigroup upgraded shares of Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research report on Monday, December 4th. JPMorgan Chase & Co. upgraded shares of Grupo Televisa SAB from a “neutral” rating to an “overweight” rating and set a $23.00 price target for the company in a research report on Friday, December 15th. HSBC upgraded shares of Grupo Televisa SAB from a “hold” rating to a “buy” rating in a research report on Monday, December 4th. Finally, Zacks Investment Research cut shares of Grupo Televisa SAB from a “hold” rating to a “sell” rating in a research report on Tuesday, November 21st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $26.00.

Shares of Grupo Televisa SAB (NYSE TV) opened at $18.67 on Friday. Grupo Televisa SAB has a 12-month low of $17.24 and a 12-month high of $27.37. The firm has a market cap of $10,707.43, a PE ratio of 47.87, a price-to-earnings-growth ratio of 1.33 and a beta of 1.22. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.44 and a current ratio of 1.47.

Hedge funds and other institutional investors have recently bought and sold shares of the company. D.A. Davidson & CO. boosted its stake in shares of Grupo Televisa SAB by 14.8% in the second quarter. D.A. Davidson & CO. now owns 9,900 shares of the company’s stock valued at $241,000 after purchasing an additional 1,277 shares during the period. Quantbot Technologies LP boosted its stake in shares of Grupo Televisa SAB by 94.0% in the second quarter. Quantbot Technologies LP now owns 11,866 shares of the company’s stock valued at $289,000 after purchasing an additional 5,749 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Grupo Televisa SAB in the third quarter valued at approximately $315,000. HAP Trading LLC boosted its stake in shares of Grupo Televisa SAB by 22.8% in the second quarter. HAP Trading LLC now owns 13,558 shares of the company’s stock valued at $330,000 after purchasing an additional 2,519 shares during the period. Finally, FDx Advisors Inc. boosted its stake in shares of Grupo Televisa SAB by 30.3% in the third quarter. FDx Advisors Inc. now owns 15,687 shares of the company’s stock valued at $387,000 after purchasing an additional 3,652 shares during the period. 57.93% of the stock is owned by institutional investors and hedge funds.

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Grupo Televisa SAB Company Profile

Grupo Televisa, SAB. is a media company in the international entertainment business. The Company operates in four business segments: Content, Sky, Telecommunications, and Other Businesses. It operates four broadcast channels in Mexico City and has affiliated stations throughout the country. It produces pay-television channels with national and international feeds, throughout Latin America, the United States, Canada, Europe and Asia Pacific.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Grupo Televisa SAB (NYSE:TV)

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