Grupo Televisa (TV) Upgraded by Citigroup to Hold
A number of other equities analysts have also commented on the stock. HSBC raised shares of Grupo Televisa from a hold rating to a buy rating in a research note on Monday. UBS raised shares of Grupo Televisa from a market perform rating to an outperform rating in a research note on Thursday, November 30th. Zacks Investment Research lowered shares of Grupo Televisa from a hold rating to a sell rating in a research note on Tuesday, November 21st. ValuEngine raised shares of Grupo Televisa from a sell rating to a hold rating in a research note on Friday, September 1st. Finally, Morgan Stanley lowered shares of Grupo Televisa from an overweight rating to an equal weight rating and decreased their price objective for the stock from $29.00 to $28.00 in a research note on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of $27.00.
Shares of Grupo Televisa (NYSE:TV) traded up $0.48 during trading hours on Monday, reaching $18.78. 4,952,700 shares of the company were exchanged, compared to its average volume of 2,318,056. The company has a market capitalization of $10,495.23, a PE ratio of 46.92, a price-to-earnings-growth ratio of 1.15 and a beta of 1.21. Grupo Televisa has a 1 year low of $17.24 and a 1 year high of $27.37. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 1.13.
Institutional investors have recently bought and sold shares of the stock. Harding Loevner LP lifted its position in Grupo Televisa by 265.7% in the 3rd quarter. Harding Loevner LP now owns 70,752,445 shares of the company’s stock worth $437,993,000 after buying an additional 51,403,466 shares in the last quarter. Black Creek Investment Management Inc. lifted its position in Grupo Televisa by 62.3% in the 2nd quarter. Black Creek Investment Management Inc. now owns 6,431,205 shares of the company’s stock worth $156,728,000 after buying an additional 2,468,802 shares in the last quarter. Dodge & Cox lifted its position in Grupo Televisa by 6.0% in the 2nd quarter. Dodge & Cox now owns 40,308,617 shares of the company’s stock worth $982,321,000 after buying an additional 2,287,300 shares in the last quarter. First Eagle Investment Management LLC lifted its position in Grupo Televisa by 3.2% in the 2nd quarter. First Eagle Investment Management LLC now owns 38,547,427 shares of the company’s stock worth $939,401,000 after buying an additional 1,195,820 shares in the last quarter. Finally, Obermeyer Wood Investment Counsel Lllp purchased a new stake in Grupo Televisa in the 3rd quarter worth approximately $28,973,000. 57.87% of the stock is owned by hedge funds and other institutional investors.
About Grupo Televisa
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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