BMO Capital Markets reaffirmed their buy rating on shares of Grupo Televisa SAB (NYSE:TV) in a report issued on Monday morning, AnalystRatings.com reports.
Several other equities analysts have also recently issued reports on TV. Zacks Investment Research cut Grupo Televisa SAB from a hold rating to a sell rating in a research note on Saturday, April 13th. JPMorgan Chase & Co. reduced their price objective on Grupo Televisa SAB from $17.00 to $15.00 and set an overweight rating on the stock in a research note on Monday, March 18th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Grupo Televisa SAB has an average rating of Buy and a consensus target price of $20.00.
TV stock opened at $9.10 on Monday. Grupo Televisa SAB has a twelve month low of $8.74 and a twelve month high of $21.41. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.35 and a quick ratio of 1.33. The company has a market cap of $5.21 billion, a PE ratio of 16.85, a P/E/G ratio of 1.02 and a beta of 1.03.
The company also recently disclosed an annual dividend, which was paid on Monday, June 10th. Investors of record on Thursday, May 30th were paid a dividend of $0.082 per share. This represents a yield of 0.91%. The ex-dividend date of this dividend was Wednesday, May 29th. Grupo Televisa SAB’s dividend payout ratio (DPR) is presently 14.81%.
A number of hedge funds have recently bought and sold shares of TV. Vanguard Group Inc. lifted its stake in Grupo Televisa SAB by 5.6% in the third quarter. Vanguard Group Inc. now owns 137,359 shares of the company’s stock valued at $2,437,000 after buying an additional 7,243 shares during the last quarter. Oppenheimer Asset Management Inc. bought a new stake in Grupo Televisa SAB in the fourth quarter valued at $91,000. SG Americas Securities LLC bought a new stake in Grupo Televisa SAB in the fourth quarter valued at $324,000. Canada Pension Plan Investment Board lifted its stake in Grupo Televisa SAB by 16.8% in the fourth quarter. Canada Pension Plan Investment Board now owns 1,726,106 shares of the company’s stock valued at $21,713,000 after buying an additional 247,875 shares during the last quarter. Finally, BlackRock Inc. lifted its stake in Grupo Televisa SAB by 22.5% in the fourth quarter. BlackRock Inc. now owns 1,440,076 shares of the company’s stock valued at $18,116,000 after buying an additional 264,490 shares during the last quarter. Institutional investors own 52.73% of the company’s stock.
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.
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