Grupo Televisa SAB (NYSE:TV) has earned a consensus rating of “Hold” from the ten analysts that are currently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $26.00.
Several equities analysts have recently issued reports on TV shares. HSBC upgraded Grupo Televisa SAB from a “hold” rating to a “buy” rating in a research report on Monday, December 4th. UBS Group upgraded Grupo Televisa SAB from a “market perform” rating to an “outperform” rating in a report on Thursday, November 30th. ValuEngine cut Grupo Televisa SAB from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Citigroup upgraded Grupo Televisa SAB from a “sell” rating to a “hold” rating in a report on Monday, December 4th. Finally, Zacks Investment Research cut Grupo Televisa SAB from a “hold” rating to a “sell” rating in a report on Tuesday, November 21st.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Eaton Vance Management acquired a new position in shares of Grupo Televisa SAB in the 4th quarter worth $28,111,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Grupo Televisa SAB in the 3rd quarter worth $315,000. FNY Partners Fund LP acquired a new position in shares of Grupo Televisa SAB in the 4th quarter worth $556,000. Vanguard Group Inc. grew its holdings in shares of Grupo Televisa SAB by 9.2% in the 2nd quarter. Vanguard Group Inc. now owns 123,011 shares of the company’s stock worth $2,997,000 after acquiring an additional 10,365 shares during the last quarter. Finally, Blackstone Group L.P. grew its holdings in shares of Grupo Televisa SAB by 11.1% in the 3rd quarter. Blackstone Group L.P. now owns 7,681,629 shares of the company’s stock worth $189,506,000 after acquiring an additional 768,163 shares during the last quarter. Institutional investors and hedge funds own 55.75% of the company’s stock.
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About Grupo Televisa SAB
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.
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