Grupo Televisa S.A. (NYSE:TV) was downgraded by investment analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research note issued on Thursday.

Other equities analysts have also issued reports about the stock. J P Morgan Chase & Co restated a “neutral” rating and issued a $26.00 price objective (up from $23.00) on shares of Grupo Televisa in a report on Monday, June 5th. Credit Suisse Group set a $28.00 price objective on shares of Grupo Televisa and gave the stock a “hold” rating in a report on Saturday, April 15th. BidaskClub upgraded shares of Grupo Televisa from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. Zacks Investment Research upgraded shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 21st. Finally, HSBC Holdings plc upgraded shares of Grupo Televisa from a “reduce” rating to a “hold” rating in a report on Wednesday, May 24th. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $26.00.

Shares of Grupo Televisa (TV) opened at 26.20 on Thursday. Grupo Televisa has a 1-year low of $19.69 and a 1-year high of $27.89. The company has a market cap of $64.94 billion, a P/E ratio of 323.46 and a beta of 1.31. The stock’s 50 day moving average is $25.77 and its 200 day moving average is $24.97.

Grupo Televisa (NYSE:TV) last issued its quarterly earnings data on Monday, July 10th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.12 by $0.01. Grupo Televisa had a net margin of 4.69% and a return on equity of 4.62%. The firm had revenue of $1.25 billion for the quarter. On average, analysts predict that Grupo Televisa will post $0.70 earnings per share for the current year.

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Large investors have recently added to or reduced their stakes in the company. Capstone Asset Management Co. raised its stake in Grupo Televisa by 0.5% in the first quarter. Capstone Asset Management Co. now owns 79,961 shares of the company’s stock worth $2,074,000 after buying an additional 380 shares during the period. World Asset Management Inc raised its stake in Grupo Televisa by 1.5% in the first quarter. World Asset Management Inc now owns 32,092 shares of the company’s stock worth $832,000 after buying an additional 483 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. raised its stake in Grupo Televisa by 4.0% in the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 13,000 shares of the company’s stock worth $337,000 after buying an additional 500 shares during the period. Keybank National Association OH raised its stake in Grupo Televisa by 2.0% in the second quarter. Keybank National Association OH now owns 26,672 shares of the company’s stock worth $650,000 after buying an additional 520 shares during the period. Finally, High Pointe Capital Management LLC raised its stake in Grupo Televisa by 6.4% in the second quarter. High Pointe Capital Management LLC now owns 10,370 shares of the company’s stock worth $253,000 after buying an additional 620 shares during the period. Institutional investors own 60.97% of the company’s stock.

Grupo Televisa 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.

Analyst Recommendations for Grupo Televisa (NYSE:TV)

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