JPMorgan Chase & Co. increased its position in Grupo Televisa SAB (NYSE:TV) by 10.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,034,863 shares of the company’s stock after buying an additional 771,725 shares during the period. JPMorgan Chase & Co. owned about 0.28% of Grupo Televisa SAB worth $206,417,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. OLD National Bancorp IN raised its stake in shares of Grupo Televisa SAB by 0.6% in the second quarter. OLD National Bancorp IN now owns 15,047 shares of the company’s stock worth $392,000 after buying an additional 86 shares in the last quarter. Capital One National Association raised its stake in shares of Grupo Televisa SAB by 1.3% in the second quarter. Capital One National Association now owns 15,542 shares of the company’s stock worth $405,000 after buying an additional 198 shares in the last quarter. Glenmede Trust Co. NA raised its stake in shares of Grupo Televisa SAB by 1.7% in the second quarter. Glenmede Trust Co. NA now owns 24,135 shares of the company’s stock worth $627,000 after buying an additional 411 shares in the last quarter. Profund Advisors LLC raised its stake in shares of Grupo Televisa SAB by 1.2% in the second quarter. Profund Advisors LLC now owns 36,600 shares of the company’s stock worth $953,000 after buying an additional 451 shares in the last quarter. Finally, TD Asset Management Inc. raised its stake in shares of Grupo Televisa SAB by 2.7% in the second quarter. TD Asset Management Inc. now owns 19,635 shares of the company’s stock worth $513,000 after buying an additional 524 shares in the last quarter. 54.80% of the stock is owned by hedge funds and other institutional investors.

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

Grupo Televisa SAB (NYSE:TV) opened at 20.77 on Thursday. The stock has a 50 day moving average price of $24.04 and a 200 day moving average price of $25.67. Grupo Televisa SAB has a 12-month low of $19.98 and a 12-month high of $29.57. The company has a market capitalization of $60.62 billion, a price-to-earnings ratio of 284.52 and a beta of 1.37.

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A number of analysts have commented on the company. HSBC raised Grupo Televisa SAB from a “reduce” rating to a “hold” rating and boosted their price objective for the stock from $24.77 to $25.00 in a report on Thursday, September 22nd. New Street Research raised Grupo Televisa SAB to a “buy” rating in a report on Wednesday, September 7th. Finally, Credit Suisse Group AG raised Grupo Televisa SAB from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $29.00 to $30.00 in a report on Tuesday, September 27th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $28.60.

Grupo Televisa SAB Company Profile

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.

5 Day Chart for NYSE:TV

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