Grupo Televisa S.A. (NYSE:TV) Receives Consensus Recommendation of “Hold” from Analysts

Grupo Televisa S.A. (NYSE:TV) has been given a consensus recommendation of “Hold” by the six analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $5.0667.

Several equities research analysts have recently issued reports on TV shares. Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. UBS Group reaffirmed a “buy” rating on shares of Grupo Televisa in a research report on Monday, October 27th. Finally, Benchmark reiterated a “buy” rating on shares of Grupo Televisa in a research note on Friday, January 2nd.

Grupo Televisa Stock Performance

NYSE:TV opened at $3.32 on Tuesday. Grupo Televisa has a 52 week low of $1.55 and a 52 week high of $3.47. The firm has a 50-day moving average price of $3.08 and a two-hundred day moving average price of $2.80. The company has a current ratio of 2.31, a quick ratio of 2.29 and a debt-to-equity ratio of 0.03.

Institutional Trading of Grupo Televisa

A number of large investors have recently bought and sold shares of TV. JPMorgan Chase & Co. grew its stake in shares of Grupo Televisa by 21.8% during the 4th quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock worth $79,488,000 after acquiring an additional 4,888,475 shares during the period. Gamco Investors INC. ET AL lifted its holdings in Grupo Televisa by 10.4% during the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock valued at $60,811,000 after purchasing an additional 1,975,268 shares during the last quarter. Acadian Asset Management LLC boosted its position in Grupo Televisa by 32.9% during the second quarter. Acadian Asset Management LLC now owns 10,222,182 shares of the company’s stock worth $22,376,000 after purchasing an additional 2,533,311 shares during the period. Gabelli Funds LLC increased its stake in shares of Grupo Televisa by 9.8% in the fourth quarter. Gabelli Funds LLC now owns 7,686,600 shares of the company’s stock worth $22,368,000 after purchasing an additional 687,500 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of Grupo Televisa by 42.7% in the second quarter. American Century Companies Inc. now owns 2,056,691 shares of the company’s stock valued at $4,504,000 after purchasing an additional 615,200 shares during the period. 55.77% of the stock is owned by hedge funds and other institutional investors.

About Grupo Televisa

Grupo Televisa, SAB. is a leading Mexican multimedia conglomerate headquartered in Mexico City, specializing in the creation, production and distribution of Spanish-language content. The company operates free-to-air television networks, subscription pay-TV services, broadband and telephony under its cable arm, and a range of digital streaming platforms. Grupo Televisa’s portfolio spans news, sports, telenovelas, reality programming and original series, positioning it as one of the largest content producers in the Spanish-speaking world.

Televisa’s broadcast division includes flagship channels such as Las Estrellas and Canal 5, while its pay-TV segment features operations under brands like Sky México and Izzi Telecom.