Dimensional Fund Advisors LP Sells 9,353 Shares of Grupo Televisa S.A. (TV)
Dimensional Fund Advisors LP decreased its stake in shares of Grupo Televisa S.A. (NYSE:TV) by 0.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,312,449 shares of the company’s stock after selling 9,353 shares during the period. Dimensional Fund Advisors LP owned approximately 0.09% of Grupo Televisa worth $59,990,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Independent Portfolio Consultants Inc. bought a new position in shares of Grupo Televisa during the first quarter valued at approximately $139,000. Quantbot Technologies LP bought a new position in shares of Grupo Televisa during the first quarter valued at approximately $158,000. Wetherby Asset Management Inc. bought a new position in shares of Grupo Televisa during the first quarter valued at approximately $215,000. GABELLI & Co INVESTMENT ADVISERS INC. raised its position in shares of Grupo Televisa by 4.0% in the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 13,000 shares of the company’s stock valued at $337,000 after buying an additional 500 shares during the period. Finally, Hartwell J M Limited Partnership raised its position in shares of Grupo Televisa by 15.9% in the first quarter. Hartwell J M Limited Partnership now owns 13,090 shares of the company’s stock valued at $340,000 after buying an additional 1,800 shares during the period. 61.07% of the stock is currently owned by institutional investors and hedge funds.
Grupo Televisa S.A. (NYSE TV) traded down 1.01% during trading on Thursday, reaching $26.52. 961,792 shares of the company’s stock traded hands. The firm’s 50 day moving average is $25.42 and its 200-day moving average is $24.78. The company has a market capitalization of $13.65 billion, a price-to-earnings ratio of 22.10 and a beta of 1.31. Grupo Televisa S.A. has a 12 month low of $19.69 and a 12 month high of $27.89.
Grupo Televisa (NYSE:TV) last released its quarterly earnings data on Monday, July 10th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. Grupo Televisa had a return on equity of 4.62% and a net margin of 4.69%. The business had revenue of $1.25 billion for the quarter. Analysts expect that Grupo Televisa S.A. will post $0.70 EPS for the current fiscal year.
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TV has been the subject of several recent research reports. HSBC Holdings plc raised shares of Grupo Televisa from a “reduce” rating to a “hold” rating in a research report on Wednesday, May 24th. ValuEngine raised shares of Grupo Televisa from a “sell” rating to a “hold” rating in a report on Wednesday, May 17th. BidaskClub raised shares of Grupo Televisa from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a $26.00 price target (up from $23.00) on shares of Grupo Televisa in a report on Monday, June 5th. Finally, Zacks Investment Research downgraded shares of Grupo Televisa from a “hold” rating to a “sell” rating in a research report on Thursday, April 13th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $26.00.
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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