Grupo Televisa S.A. $TV Stake Boosted by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lifted its stake in Grupo Televisa S.A. (NYSE:TV) by 2.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,921,985 shares of the company’s stock after acquiring an additional 370,166 shares during the quarter. Gamco Investors INC. ET AL owned approximately 3.42% of Grupo Televisa worth $50,900,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. TD Private Client Wealth LLC grew its position in shares of Grupo Televisa by 68.8% in the third quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock valued at $29,000 after purchasing an additional 4,355 shares during the last quarter. Corient Private Wealth LLC lifted its position in shares of Grupo Televisa by 2.8% during the 2nd quarter. Corient Private Wealth LLC now owns 237,177 shares of the company’s stock worth $519,000 after purchasing an additional 6,518 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. boosted its stake in Grupo Televisa by 2.5% during the 2nd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 405,950 shares of the company’s stock valued at $889,000 after purchasing an additional 10,000 shares during the period. Strid Group LLC bought a new stake in Grupo Televisa during the 3rd quarter valued at approximately $27,000. Finally, Vanguard Personalized Indexing Management LLC acquired a new stake in Grupo Televisa in the 3rd quarter valued at approximately $28,000. 55.77% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the company. Zacks Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday. Finally, Benchmark reiterated a “buy” rating on shares of Grupo Televisa in a research note on Friday, January 2nd. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $5.07.

Grupo Televisa Price Performance

Shares of TV opened at $2.84 on Friday. The stock’s 50-day moving average price is $3.12 and its 200 day moving average price is $2.86. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.29 and a current ratio of 2.12. Grupo Televisa S.A. has a 12-month low of $1.55 and a 12-month high of $3.49.

Grupo Televisa (NYSE:TV) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.78) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.77). Grupo Televisa had a negative return on equity of 8.56% and a negative net margin of 15.75%.The firm had revenue of $794.82 million during the quarter, compared to the consensus estimate of $799.01 million. On average, analysts predict that Grupo Televisa S.A. will post -0.07 earnings per share for the current year.

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.