First Eagle Investment Management LLC lessened its stake in Grupo Televisa S.A. (NYSE:TV) by 3.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,389,527 shares of the company’s stock after selling 1,157,900 shares during the period. Grupo Televisa comprises about 2.1% of First Eagle Investment Management LLC’s holdings, making the stock its 13th largest holding. First Eagle Investment Management LLC owned approximately 6.52% of Grupo Televisa worth $922,400,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dodge & Cox lifted its stake in shares of Grupo Televisa by 6.0% in the 2nd quarter. Dodge & Cox now owns 40,308,617 shares of the company’s stock valued at $982,321,000 after acquiring an additional 2,287,300 shares during the last quarter. Harding Loevner LP raised its position in Grupo Televisa by 2.9% during the 2nd quarter. Harding Loevner LP now owns 19,348,979 shares of the company’s stock valued at $471,535,000 after purchasing an additional 536,989 shares during the last quarter. Black Creek Investment Management Inc. raised its position in Grupo Televisa by 62.3% during the 2nd quarter. Black Creek Investment Management Inc. now owns 6,431,205 shares of the company’s stock valued at $156,728,000 after purchasing an additional 2,468,802 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Grupo Televisa by 1.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,350,763 shares of the company’s stock valued at $57,289,000 after purchasing an additional 38,314 shares during the last quarter. Finally, Artisan Partners Limited Partnership raised its position in Grupo Televisa by 28.3% during the 2nd 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 last quarter. 58.28% of the stock is owned by institutional investors.

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Shares of Grupo Televisa S.A. (TV) traded down $0.49 during trading hours on Monday, hitting $19.70. The stock had a trading volume of 18,592,600 shares, compared to its average volume of 2,013,980. Grupo Televisa S.A. has a 12-month low of $19.69 and a 12-month high of $27.37. The company has a market cap of $11,298.15, a price-to-earnings ratio of 50.51, a P/E/G ratio of 0.94 and a beta of 1.27. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.47 and a quick ratio of 1.44.

TV has been the subject of a number of recent analyst reports. BidaskClub lowered Grupo Televisa from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Morgan Stanley lowered Grupo Televisa from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $29.00 to $28.00 in a research report on Thursday, August 10th. Finally, ValuEngine lowered Grupo Televisa from a “hold” rating to a “sell” rating in a research report on Monday, August 14th. Six analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Grupo Televisa has a consensus rating of “Hold” and a consensus target price of $27.00.

Grupo Televisa 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.

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

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