Grupo Televisa, S.A.B. (NYSE:TV) Stake Lifted by Schroder Investment Management Group


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Schroder Investment Management Group increased its stake in shares of Grupo Televisa, S.A.B. (NYSE:TV) by 12.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 730,013 shares of the company’s stock after acquiring an additional 82,408 shares during the period. Schroder Investment Management Group’s holdings in Grupo Televisa, S.A.B. were worth $6,015,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. ExodusPoint Capital Management LP bought a new position in shares of Grupo Televisa, S.A.B. in the fourth quarter worth $607,000. Benjamin F. Edwards & Company Inc. grew its stake in shares of Grupo Televisa, S.A.B. by 552.7% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 7,630 shares of the company’s stock worth $63,000 after purchasing an additional 6,461 shares in the last quarter. LPL Financial LLC bought a new position in shares of Grupo Televisa, S.A.B. in the fourth quarter worth $96,000. Wolverine Trading LLC bought a new position in Grupo Televisa, S.A.B. during the fourth quarter valued at about $91,000. Finally, Northern Trust Corp grew its holdings in Grupo Televisa, S.A.B. by 1.7% during the fourth quarter. Northern Trust Corp now owns 1,052,455 shares of the company’s stock worth $8,672,000 after acquiring an additional 17,790 shares during the period. Hedge funds and other institutional investors own 47.50% of the company’s stock.

TV has been the topic of a number of research reports. Zacks Investment Research downgraded shares of Grupo Televisa, S.A.B. from a “hold” rating to a “sell” rating in a report on Wednesday, March 17th. Barclays boosted their target price on shares of Grupo Televisa, S.A.B. from $7.50 to $11.00 and gave the stock an “underweight” rating in a report on Thursday. Finally, TheStreet upgraded shares of Grupo Televisa, S.A.B. from a “d+” rating to a “c-” rating in a report on Monday, March 22nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. Grupo Televisa, S.A.B. presently has a consensus rating of “Hold” and a consensus target price of $9.50.

TV stock opened at $12.23 on Friday. Grupo Televisa, S.A.B. has a 52-week low of $4.73 and a 52-week high of $13.85. The company’s 50 day simple moving average is $8.91 and its 200-day simple moving average is $8.16. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.38 and a quick ratio of 1.35. The firm has a market capitalization of $7.07 billion, a P/E ratio of -53.17, a P/E/G ratio of 3.26 and a beta of 1.21.

Grupo Televisa, S.A.B. (NYSE:TV) last released its quarterly earnings results on Thursday, February 18th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.13. Grupo Televisa, S.A.B. had a negative net margin of 2.78% and a negative return on equity of 3.06%. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.31 billion. Sell-side analysts predict that Grupo Televisa, S.A.B. will post -0.07 EPS for the current fiscal year.

Grupo Televisa, S.A.B. Company Profile

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Cable, Sky, Content, and Other Businesses. The Cable segment operates cable multiple system and telecommunication facilities. It provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone services, as well as local and national advertising sales; and data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.

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Institutional Ownership by Quarter for Grupo Televisa, S.A.B. (NYSE:TV)

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