AQR Capital Management LLC Has $2.87 Million Stake in Grupo Televisa SAB (NYSE:TV)

AQR Capital Management LLC boosted its position in shares of Grupo Televisa SAB (NYSE:TV) by 127.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 494,555 shares of the company’s stock after acquiring an additional 277,462 shares during the period. AQR Capital Management LLC owned 0.09% of Grupo Televisa SAB worth $2,869,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of Grupo Televisa SAB by 11.7% during the 4th quarter. FMR LLC now owns 1,424,773 shares of the company’s stock worth $16,713,000 after purchasing an additional 148,979 shares during the period. Envestnet Asset Management Inc. bought a new position in shares of Grupo Televisa SAB during the 4th quarter worth about $122,000. Schroder Investment Management Group bought a new position in shares of Grupo Televisa SAB during the 4th quarter worth about $1,076,000. NumerixS Investment Technologies Inc bought a new position in shares of Grupo Televisa SAB during the 4th quarter worth about $60,000. Finally, Renaissance Technologies LLC increased its holdings in shares of Grupo Televisa SAB by 9.0% during the 4th quarter. Renaissance Technologies LLC now owns 12,382,734 shares of the company’s stock worth $145,249,000 after purchasing an additional 1,024,076 shares during the period. 45.98% of the stock is owned by hedge funds and other institutional investors.

A number of research firms recently weighed in on TV. ValuEngine cut shares of Grupo Televisa SAB from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 1st. Evercore ISI cut shares of Grupo Televisa SAB to an “outperform” rating in a research note on Thursday, April 23rd. Zacks Investment Research cut shares of Grupo Televisa SAB from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Credit Suisse Group raised shares of Grupo Televisa SAB from a “neutral” rating to an “outperform” rating in a research note on Tuesday, May 12th. Finally, JPMorgan Chase & Co. cut shares of Grupo Televisa SAB from an “overweight” rating to a “neutral” rating in a research note on Wednesday, April 22nd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. Grupo Televisa SAB has a consensus rating of “Hold” and an average price target of $7.88.

Shares of TV stock opened at $5.27 on Wednesday. The firm’s 50 day moving average is $5.74 and its 200-day moving average is $8.15. Grupo Televisa SAB has a 1 year low of $4.65 and a 1 year high of $12.60. The company has a current ratio of 1.88, a quick ratio of 1.85 and a debt-to-equity ratio of 0.11.

Grupo Televisa SAB (NYSE:TV) last issued its earnings results on Monday, April 27th. The company reported ($0.85) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.35) by ($0.50). Grupo Televisa SAB had a negative net margin of 5.18% and a negative return on equity of 5.32%. The firm had revenue of $1.17 billion during the quarter. Equities research analysts anticipate that Grupo Televisa SAB will post -0.43 earnings per share for the current fiscal year.

Grupo Televisa SAB Profile

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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Institutional Ownership by Quarter for Grupo Televisa SAB (NYSE:TV)

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