SPX Equities Gestao de Recursos Ltda boosted its stake in Grupo Televisa SAB (NYSE:TV) by 75.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 198,000 shares of the company’s stock after purchasing an additional 85,000 shares during the quarter. Grupo Televisa SAB comprises 0.7% of SPX Equities Gestao de Recursos Ltda’s portfolio, making the stock its 28th largest position. SPX Equities Gestao de Recursos Ltda’s holdings in Grupo Televisa SAB were worth $2,491,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Rehmann Capital Advisory Group lifted its position in shares of Grupo Televisa SAB by 944.7% during the third quarter. Rehmann Capital Advisory Group now owns 1,473 shares of the company’s stock worth $26,000 after purchasing an additional 1,332 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of Grupo Televisa SAB during the third quarter worth $175,000. Moody National Bank Trust Division acquired a new position in shares of Grupo Televisa SAB during the third quarter worth $177,000. Stevens Capital Management LP acquired a new position in shares of Grupo Televisa SAB during the third quarter worth $207,000. Finally, Marshall Wace LLP acquired a new position in shares of Grupo Televisa SAB during the third quarter worth $211,000. Hedge funds and other institutional investors own 50.45% of the company’s stock.

NYSE TV traded down $0.13 on Wednesday, reaching $11.84. The company’s stock had a trading volume of 512,802 shares, compared to its average volume of 1,531,194. Grupo Televisa SAB has a twelve month low of $11.92 and a twelve month high of $21.41. The company has a current ratio of 1.76, a quick ratio of 1.74 and a debt-to-equity ratio of 1.17. The company has a market capitalization of $7.15 billion, a price-to-earnings ratio of 28.88, a PEG ratio of 0.61 and a beta of 1.22.

Grupo Televisa SAB (NYSE:TV) last issued its quarterly earnings results on Thursday, November 1st. The company reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.09). Grupo Televisa SAB had a net margin of 6.41% and a return on equity of 6.29%. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.35 billion. As a group, research analysts predict that Grupo Televisa SAB will post 0.6 earnings per share for the current year.

A number of brokerages recently issued reports on TV. Zacks Investment Research lowered shares of Grupo Televisa SAB from a “hold” rating to a “strong sell” rating in a research note on Friday, December 14th. Scotiabank upgraded shares of Grupo Televisa SAB from an “underperform” rating to a “sector perform” rating and lowered their price target for the stock from $14.00 to $13.00 in a research report on Wednesday. ValuEngine upgraded shares of Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research report on Thursday, November 1st. Credit Suisse Group set a $27.00 price objective on shares of Grupo Televisa SAB and gave the stock a “hold” rating in a report on Thursday, December 20th. Finally, UBS Group downgraded shares of Grupo Televisa SAB from a “buy” rating to a “neutral” rating in a report on Wednesday, November 28th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $21.25.

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About Grupo Televisa SAB

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Content, Sky, Cable, and Other Businesses. The Content segment produces television programming and broadcasts Channels 2, 4, 5, and 9; sells advertising time on programs; provides Internet services; and produces television programming and broadcasting for local television stations in Mexico and the United States.

See Also: Fundamental Analysis

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

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