Grupo Televisa, SAB (NYSE:TV) shares purchased by SG Americas Securities LLC


SG Americas Securities LLC increased its position in shares of Grupo Televisa, SAB (NYSE:TV – Free Report) by 39.4% during the fourth quarter, Holdings Channel reports. The fund owned 21,742 shares of the company, after acquiring another 6,150 shares during the quarter. SG Americas Securities LLC’s holdings in Grupo Televisa, SAB were worth $73,000 at the end of the most recent quarter.

A number of other hedge funds have also been buying and selling TV stock recently. AQR Capital Management LLC strengthened its position in Grupo Televisa, SAB by 273.0% during the first quarter. AQR Capital Management LLC now owns 9,265,838 shares of the company’s stock worth $49,016,000 after acquiring an additional 6,781,893 shares during the last quarter. Levin Capital Strategies LP increased its holdings in Grupo Televisa, SAB by 191.4% during the third quarter. Levin Capital Strategies LP now owns 5,097,894 shares of the company’s stock worth $15,549,000 after purchasing an additional 3,348,431 shares during the period. Marshall Wace LLP increased its holdings in Grupo Televisa, SAB by 232.1% during the fourth quarter. Marshall Wace LLP now owns 2,439,107 shares of the company’s stock worth $11,122,000 after purchasing an additional 1,704,594 shares during the period. JPMorgan Chase & Co. increased its stake in Grupo Televisa, SAB by 12,318.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,283,672 shares of the company’s stock worth $5,853,000 after purchasing an additional 1,273,335 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Grupo Televisa, SAB in the third quarter valued at approximately $3,596,000. Institutional investors and hedge funds own 55.77% of the company’s shares.

Wall Street analysts predict growth

A number of stock analysts have weighed in on TV stocks. Bank of America downgraded shares of Grupo Televisa, SAB from a “buy” rating to a “neutral” rating and set a $3.50 price target on the stock. in a research note on Monday, April 15. StockNews.com upgraded shares of Grupo Televisa, SAB from a “sell” rating to a “hold” rating in a research note on Monday, February 26th. Finally, Morgan Stanley reaffirmed an equalweight rating and set a $4.00 price target (up from $7.00) on shares of Grupo Televisa, SAB in a research note on Friday, January 5th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $5.28.

Check out our latest research report on Grupo Televisa, SAB

Grupo Televisa, SAB Stock Performance

Grupo Televisa, SAB shares opened at $2.81 on Friday. Grupo Televisa, SAB has a 12-month low of $2.10 and a 12-month high of $5.41. The company has a market cap of $1.56 billion, a price-to-earnings ratio of -2.68 and a beta of 1.77. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.76 and a quick ratio of 1.73. The company’s fifty-day moving average price is $3.11 and its 200-day moving average price is $2.96.

Grupo Televisa, SAB (NYSE:TV – Get Free Report) last reported its quarterly results on Thursday, February 22. The company reported ($0.88) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) ($0.87). Grupo Televisa, SAB had a negative return on equity of 7.36% and a negative net margin of 13.99%. The company had revenue of $1.05 billion for the quarter, compared to analyst expectations of $1.04 billion. During the same period last year, the company earned ($1.27) earnings per share. On average, research analysts predict that Grupo Televisa, SAB will post earnings per share of 0.05 for the current fiscal year.

Grupo Televisa, SAB company profile

(Free report)

Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television systems in Mexico and the United States. It operates through three segments: cable, air and other businesses. The cable segment operates multiple cable systems that offer basic and premium television subscriptions, pay-per-view, installation, Internet subscriptions, and telephone and mobile service subscriptions, as well as local and national advertising services; and Telecommunications Facilities, which offers data and long-distance service solutions to carriers and other telecommunications service providers through its fiber optic network.

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Quarterly Institutional Ownership for Grupo Televisa, SAB (NYSE:TV)



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