Grupo Televisa S.A. (TV) Stake Held by Capital Research Global Investors
Capital Research Global Investors held its stake in Grupo Televisa S.A. (NYSE:TV) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,692,000 shares of the company’s stock at the close of the 2nd quarter. Capital Research Global Investors owned about 0.43% of Grupo Televisa worth $260,564,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of TV. Quantbot Technologies LP purchased a new stake in Grupo Televisa during the first quarter valued at about $158,000. D.A. Davidson & CO. lifted its stake in Grupo Televisa by 14.8% during the second quarter. D.A. Davidson & CO. now owns 9,900 shares of the company’s stock valued at $241,000 after buying an additional 1,277 shares in the last quarter. High Pointe Capital Management LLC lifted its stake in Grupo Televisa by 6.4% during the second quarter. High Pointe Capital Management LLC now owns 10,370 shares of the company’s stock valued at $253,000 after buying an additional 620 shares in the last quarter. HAP Trading LLC lifted its stake in Grupo Televisa by 22.8% during the second quarter. HAP Trading LLC now owns 13,558 shares of the company’s stock valued at $330,000 after buying an additional 2,519 shares in the last quarter. Finally, Ngam Advisors L.P. lifted its stake in Grupo Televisa by 26.0% during the first quarter. Ngam Advisors L.P. now owns 14,459 shares of the company’s stock valued at $375,000 after buying an additional 2,981 shares in the last quarter. 58.30% of the stock is owned by institutional investors.
A number of analysts have commented on the stock. BidaskClub lowered shares of Grupo Televisa from a “buy” rating to a “hold” rating in a research note on Saturday, August 5th. Morgan Stanley lowered shares of Grupo Televisa from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $29.00 to $28.00 in a research note on Thursday, August 10th. ValuEngine lowered shares of Grupo Televisa from a “hold” rating to a “sell” rating in a research note on Monday, August 14th. Finally, Credit Suisse Group set a $27.00 price objective on shares of Grupo Televisa and gave the company a “hold” rating in a research note on Saturday, July 1st. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $27.00.
Shares of Grupo Televisa S.A. (NYSE TV) opened at 24.75 on Thursday. Grupo Televisa S.A. has a 52-week low of $19.69 and a 52-week high of $27.37. The stock has a market capitalization of $61.35 billion, a price-to-earnings ratio of 301.83 and a beta of 1.30. The stock has a 50 day moving average of $25.24 and a 200-day moving average of $25.32.
Grupo Televisa (NYSE:TV) last posted its earnings results on Monday, July 10th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.01. The company had revenue of $1.25 billion during the quarter. Grupo Televisa had a return on equity of 4.62% and a net margin of 4.69%. On average, equities research analysts predict that Grupo Televisa S.A. will post $0.63 EPS for the current fiscal year.
About Grupo Televisa
Grupo Televisa, SAB. is a media company in the international entertainment business. The Company operates in four business segments: Content, Sky, Telecommunications, and Other Businesses. It operates four broadcast channels in Mexico City and has affiliated stations throughout the country. It produces pay-television channels with national and international feeds, throughout Latin America, the United States, Canada, Europe and Asia Pacific.
Receive News & Ratings for Grupo Televisa S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Televisa S.A. and related companies with Analyst Ratings Network's FREE daily email newsletter.