Grupo Televisa SAB (NYSE:TV) traded down 5.2% on Thursday . The stock traded as low as $18.58 and last traded at $18.60. 3,390,463 shares were traded during trading, an increase of 25% from the average session volume of 2,707,380 shares. The stock had previously closed at $19.62.

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. raised Grupo Televisa SAB from a “neutral” rating to an “overweight” rating and set a $23.00 price objective for the company in a research note on Friday, December 15th. Citigroup raised Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research note on Monday, December 4th. Zacks Investment Research lowered Grupo Televisa SAB from a “hold” rating to a “sell” rating in a research note on Tuesday, November 21st. ValuEngine lowered Grupo Televisa SAB from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. Finally, UBS Group raised Grupo Televisa SAB from an “underperform” rating to a “market perform” rating in a research note on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $26.00.

The firm has a market cap of $10,667.29, a P/E ratio of 45.68, a price-to-earnings-growth ratio of 1.19 and a beta of 1.27. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 1.13.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wells Fargo & Company MN lifted its holdings in shares of Grupo Televisa SAB by 11.1% in the second quarter. Wells Fargo & Company MN now owns 76,632 shares of the company’s stock valued at $1,868,000 after purchasing an additional 7,669 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Grupo Televisa SAB by 5.6% in the second quarter. Northern Trust Corp now owns 924,019 shares of the company’s stock valued at $22,518,000 after purchasing an additional 48,894 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Grupo Televisa SAB by 9.2% in the second quarter. Vanguard Group Inc. now owns 123,011 shares of the company’s stock valued at $2,997,000 after purchasing an additional 10,365 shares in the last quarter. FMR LLC purchased a new stake in shares of Grupo Televisa SAB in the second quarter valued at $21,427,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Grupo Televisa SAB by 1.7% in the second quarter. Dimensional Fund Advisors LP now owns 2,350,763 shares of the company’s stock valued at $57,289,000 after purchasing an additional 38,314 shares in the last quarter. 57.99% of the stock is owned by institutional investors and hedge funds.

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Grupo Televisa SAB Company Profile

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.

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