Grupo Televisa (NYSE:TV) Stock Rating Upgraded by Zacks Research

Grupo Televisa (NYSE:TV) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

A number of other research analysts have also recently issued reports on TV. UBS Group reaffirmed a “buy” rating on shares of Grupo Televisa in a report on Monday, October 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. Finally, Benchmark reaffirmed a “buy” rating on shares of Grupo Televisa in a research report on Friday, January 2nd. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $5.07.

Grupo Televisa Stock Performance

Shares of Grupo Televisa stock opened at $3.31 on Monday. The company has a 50 day moving average price of $2.94 and a 200 day moving average price of $2.71. The firm has a market capitalization of $1.86 billion, a P/E ratio of -3.27, a PEG ratio of 1.29 and a beta of 1.95. The company has a quick ratio of 2.29, a current ratio of 2.31 and a debt-to-equity ratio of 0.03. Grupo Televisa has a 52 week low of $1.55 and a 52 week high of $3.47.

Institutional Investors Weigh In On Grupo Televisa

Hedge funds have recently added to or reduced their stakes in the business. TD Private Client Wealth LLC grew its position in Grupo Televisa by 68.8% during the 3rd quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock worth $29,000 after purchasing an additional 4,355 shares during the period. Corient Private Wealth LLC grew its holdings in Grupo Televisa by 2.8% during the second quarter. Corient Private Wealth LLC now owns 237,177 shares of the company’s stock worth $519,000 after acquiring an additional 6,518 shares during the period. Strid Group LLC purchased a new position in Grupo Televisa during the third quarter valued at approximately $27,000. GABELLI & Co INVESTMENT ADVISERS INC. raised its position in Grupo Televisa by 2.5% during the second quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 405,950 shares of the company’s stock valued at $889,000 after acquiring an additional 10,000 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC acquired a new position in Grupo Televisa in the third quarter valued at approximately $28,000. 55.77% of the stock is owned by hedge funds and other institutional investors.

Grupo Televisa Company Profile

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.