Grupo Televisa, S.A.B. (NYSE:TV) Position Boosted by Levin Capital Strategies L.P.

Levin Capital Strategies L.P. raised its holdings in shares of Grupo Televisa, S.A.B. (NYSE:TV) by 61.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,216,992 shares of the company’s stock after acquiring an additional 3,119,098 shares during the quarter. Grupo Televisa, S.A.B. makes up 3.0% of Levin Capital Strategies L.P.’s investment portfolio, making the stock its 8th largest holding. Levin Capital Strategies L.P. owned 1.45% of Grupo Televisa, S.A.B. worth $27,445,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of TV. Signaturefd LLC grew its stake in shares of Grupo Televisa, S.A.B. by 20.7% in the 3rd quarter. Signaturefd LLC now owns 22,889 shares of the company’s stock valued at $70,000 after buying an additional 3,926 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Grupo Televisa, S.A.B. by 39.4% in the 4th quarter. SG Americas Securities LLC now owns 21,742 shares of the company’s stock valued at $73,000 after buying an additional 6,150 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of Grupo Televisa, S.A.B. by 47.8% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 21,600 shares of the company’s stock valued at $66,000 after buying an additional 6,985 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. grew its stake in shares of Grupo Televisa, S.A.B. by 3.8% in the 3rd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 192,425 shares of the company’s stock valued at $587,000 after buying an additional 7,000 shares in the last quarter. Finally, Moors & Cabot Inc. bought a new stake in shares of Grupo Televisa, S.A.B. in the 3rd quarter valued at approximately $31,000. Hedge funds and other institutional investors own 55.77% of the company’s stock.

Grupo Televisa, S.A.B. Stock Performance

Grupo Televisa, S.A.B. stock traded up $0.15 during trading hours on Thursday, reaching $3.06. 595,085 shares of the company were exchanged, compared to its average volume of 1,577,791. Grupo Televisa, S.A.B. has a 12 month low of $2.10 and a 12 month high of $5.41. The company has a current ratio of 1.59, a quick ratio of 1.73 and a debt-to-equity ratio of 0.62. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of -3.51 and a beta of 1.79. The stock has a 50-day moving average of $3.05 and a 200 day moving average of $2.96.

Grupo Televisa, S.A.B. (NYSE:TV) last posted its quarterly earnings data on Thursday, February 22nd. The company reported ($0.88) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.87). Grupo Televisa, S.A.B. had a negative net margin of 11.78% and a negative return on equity of 6.20%. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the prior year, the company posted ($1.27) earnings per share. As a group, research analysts anticipate that Grupo Televisa, S.A.B. will post 0.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TV has been the subject of several recent research reports. StockNews.com raised Grupo Televisa, S.A.B. from a “sell” rating to a “hold” rating in a research note on Monday, February 26th. Morgan Stanley reaffirmed an “equal weight” rating and set a $4.00 target price (down previously from $7.00) on shares of Grupo Televisa, S.A.B. in a research report on Friday, January 5th. Finally, Bank of America cut Grupo Televisa, S.A.B. from a “buy” rating to a “neutral” rating and set a $3.50 target price for the company. in a research report on Monday, April 15th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Grupo Televisa, S.A.B. presently has an average rating of “Hold” and an average target price of $5.28.

About Grupo Televisa, S.A.B.

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