Grupo Televisa SAB (TV) Rating Reiterated by Scotiabank

Grupo Televisa SAB (NYSE:TV)‘s stock had its “buy” rating restated by equities researchers at Scotiabank in a report issued on Friday.

TV has been the subject of several other research reports. TheStreet lowered shares of Grupo Televisa SAB from a “b-” rating to a “c+” rating in a report on Friday, August 17th. ValuEngine raised shares of Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research report on Thursday, November 1st. Bank of America boosted their price objective on shares of Grupo Televisa SAB from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, July 17th. Finally, Zacks Investment Research raised shares of Grupo Televisa SAB from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research report on Wednesday, August 15th. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Grupo Televisa SAB currently has an average rating of “Buy” and a consensus target price of $20.75.

Shares of TV stock traded up $0.07 on Friday, hitting $15.15. The stock had a trading volume of 4,346,427 shares, compared to its average volume of 1,697,424. Grupo Televisa SAB has a twelve month low of $13.42 and a twelve month high of $21.41. The firm has a market capitalization of $8.65 billion, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 0.64 and a beta of 1.32. The company has a quick ratio of 1.74, a current ratio of 1.76 and a debt-to-equity ratio of 1.17.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Macquarie Group Ltd. lifted its position in Grupo Televisa SAB by 1.9% in the 2nd quarter. Macquarie Group Ltd. now owns 5,355,049 shares of the company’s stock valued at $101,478,000 after acquiring an additional 97,433 shares in the last quarter. Marathon Asset Management LLP lifted its position in Grupo Televisa SAB by 246.7% in the 3rd quarter. Marathon Asset Management LLP now owns 5,338,343 shares of the company’s stock valued at $94,702,000 after acquiring an additional 3,798,764 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Grupo Televisa SAB by 63.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,010,593 shares of the company’s stock valued at $88,888,000 after acquiring an additional 1,941,037 shares in the last quarter. Dorsal Capital Management LLC lifted its position in Grupo Televisa SAB by 50.0% in the 2nd quarter. Dorsal Capital Management LLC now owns 3,750,000 shares of the company’s stock valued at $71,063,000 after acquiring an additional 1,250,000 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Grupo Televisa SAB by 1.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,559,614 shares of the company’s stock valued at $48,494,000 after acquiring an additional 31,469 shares in the last quarter. 54.25% of the stock is currently owned by institutional investors and hedge funds.

About Grupo Televisa SAB

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Content, Sky, Cable, and Other Businesses. The Content segment produces television programming and broadcasts Channels 2, 4, 5, and 9; sells advertising time on programs; provides Internet services; and produces television programming and broadcasting for local television stations in Mexico and the United States.

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Analyst Recommendations for Grupo Televisa SAB (NYSE:TV)

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