Wells Fargo & Company MN increased its position in shares of Grupo Televisa SAB (NYSE:TV) by 16.7% during the third quarter, HoldingsChannel.com reports. The firm owned 89,417 shares of the company’s stock after buying an additional 12,785 shares during the period. Wells Fargo & Company MN’s holdings in Grupo Televisa SAB were worth $2,206,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TV. Fiera Capital Corp increased its position in shares of Grupo Televisa SAB by 2.4% during the second quarter. Fiera Capital Corp now owns 130,731 shares of the company’s stock valued at $3,186,000 after purchasing an additional 3,123 shares during the period. Ameriprise Financial Inc. increased its position in shares of Grupo Televisa SAB by 0.6% during the second quarter. Ameriprise Financial Inc. now owns 523,878 shares of the company’s stock valued at $12,761,000 after purchasing an additional 2,999 shares during the period. Artisan Partners Limited Partnership increased its position in shares of Grupo Televisa SAB by 28.3% during the second quarter. Artisan Partners Limited Partnership now owns 1,851,229 shares of the company’s stock valued at $45,114,000 after purchasing an additional 408,789 shares during the period. Quantitative Investment Management LLC bought a new stake in shares of Grupo Televisa SAB during the second quarter valued at approximately $5,770,000. Finally, D.A. Davidson & CO. increased its position in shares of Grupo Televisa SAB by 14.8% during the second quarter. D.A. Davidson & CO. now owns 9,900 shares of the company’s stock valued at $241,000 after purchasing an additional 1,277 shares during the period. Institutional investors and hedge funds own 57.96% of the company’s stock.

Shares of Grupo Televisa SAB (TV) opened at $19.08 on Tuesday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.47 and a quick ratio of 1.44. The company has a market capitalization of $10,942.57, a price-to-earnings ratio of 46.54, a P/E/G ratio of 1.22 and a beta of 1.22. Grupo Televisa SAB has a one year low of $17.24 and a one year high of $27.37.

Grupo Televisa SAB (NYSE:TV) last announced its quarterly earnings results on Thursday, October 26th. The company reported $0.11 EPS for the quarter. Grupo Televisa SAB had a return on equity of 4.62% and a net margin of 4.85%. equities analysts forecast that Grupo Televisa SAB will post 0.43 earnings per share for the current year.

Several brokerages recently commented on TV. HSBC raised Grupo Televisa SAB from a “hold” rating to a “buy” rating in a research note on Monday, December 4th. Citigroup raised Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research note on Monday, December 4th. UBS Group raised Grupo Televisa SAB from an “underperform” rating to a “market perform” rating in a research note on Wednesday, November 15th. JPMorgan Chase & Co. raised Grupo Televisa SAB from a “neutral” rating to an “overweight” rating and set a $23.00 price target on the stock in a research note on Friday, December 15th. Finally, ValuEngine lowered Grupo Televisa SAB from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $26.00.

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

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