Grupo Televisa, S.A.B. (NYSE:TV) Receives Average Recommendation of “Hold” from Brokerages

Shares of Grupo Televisa, S.A.B. (NYSE:TV) have been given an average recommendation of “Hold” by the six brokerages that are covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $5.28.

A number of analysts have weighed in on TV shares. Bank of America downgraded shares of Grupo Televisa, S.A.B. from a “buy” rating to a “neutral” rating and set a $3.50 target price for the company. in a research report on Monday, April 15th. StockNews.com raised shares of Grupo Televisa, S.A.B. from a “sell” rating to a “hold” rating in a research note on Monday, February 26th.

Hedge Funds Weigh In On Grupo Televisa, S.A.B.

A number of institutional investors and hedge funds have recently made changes to their positions in TV. Gamco Investors INC. ET AL increased its stake in Grupo Televisa, S.A.B. by 18.8% during the 4th quarter. Gamco Investors INC. ET AL now owns 11,633,903 shares of the company’s stock valued at $38,857,000 after purchasing an additional 1,838,425 shares in the last quarter. Alua Capital Management LP lifted its position in Grupo Televisa, S.A.B. by 4.5% in the 3rd quarter. Alua Capital Management LP now owns 10,985,011 shares of the company’s stock valued at $33,504,000 after acquiring an additional 476,543 shares in the last quarter. Prudential PLC boosted its stake in Grupo Televisa, S.A.B. by 0.4% during the 4th quarter. Prudential PLC now owns 8,519,013 shares of the company’s stock valued at $28,454,000 after purchasing an additional 33,005 shares during the last quarter. Levin Capital Strategies L.P. increased its holdings in Grupo Televisa, S.A.B. by 61.2% during the 4th quarter. Levin Capital Strategies L.P. now owns 8,216,992 shares of the company’s stock worth $27,445,000 after purchasing an additional 3,119,098 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Grupo Televisa, S.A.B. by 8.6% in the third quarter. AQR Capital Management LLC now owns 6,716,568 shares of the company’s stock worth $20,486,000 after purchasing an additional 533,822 shares during the last quarter. Institutional investors own 55.77% of the company’s stock.

Grupo Televisa, S.A.B. Stock Performance

Grupo Televisa, S.A.B. stock opened at $3.25 on Thursday. The business has a 50 day moving average of $3.06 and a 200-day moving average of $2.99. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.59 and a quick ratio of 1.57. Grupo Televisa, S.A.B. has a 1 year low of $2.10 and a 1 year high of $5.41. The company has a market capitalization of $1.80 billion, a P/E ratio of -3.74 and a beta of 1.79.

Grupo Televisa, S.A.B. (NYSE:TV) last issued its quarterly earnings data on Thursday, February 22nd. The company reported ($0.88) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.87). The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.04 billion. Grupo Televisa, S.A.B. had a negative return on equity of 6.18% and a negative net margin of 11.78%. During the same period in the prior year, the firm earned ($1.27) EPS. On average, equities research analysts predict that Grupo Televisa, S.A.B. will post 0.05 earnings per share for the current year.

About Grupo Televisa, S.A.B.

Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. It operates through three segments: Cable, Sky, and Other Businesses. The Cable segment operates cable multiple system that provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription, as well as local and national advertising services; and telecommunication facilities, which offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.