Grupo Televisa SAB (NYSE:TV) was downgraded by equities research analysts at TheStreet from a “b-” rating to a “c+” rating in a research note issued to investors on Friday.

Several other equities research analysts have also issued reports on TV. ValuEngine lowered Grupo Televisa SAB from a “sell” rating to a “strong sell” rating in a research note on Wednesday, May 2nd. UBS Group upgraded Grupo Televisa SAB from a “neutral” rating to a “buy” rating in a report on Monday, May 7th. Zacks Investment Research upgraded Grupo Televisa SAB from a “sell” rating to a “hold” rating in a report on Wednesday, June 6th. Scotiabank downgraded Grupo Televisa SAB from a “sector perform” rating to an “underperform” rating in a report on Wednesday, June 20th. Finally, Gabelli reiterated a “buy” rating on shares of Grupo Televisa SAB in a report on Wednesday, July 11th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. Grupo Televisa SAB presently has a consensus rating of “Hold” and a consensus price target of $21.00.

Shares of TV stock opened at $18.33 on Friday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.77 and a quick ratio of 1.74. Grupo Televisa SAB has a 12-month low of $14.20 and a 12-month high of $26.43. The stock has a market cap of $10.43 billion, a price-to-earnings ratio of 44.71, a PEG ratio of 1.02 and a beta of 1.33.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Macquarie Group Ltd. increased its holdings in shares of Grupo Televisa SAB by 1.9% in the second quarter. Macquarie Group Ltd. now owns 5,355,049 shares of the company’s stock worth $101,478,000 after buying an additional 97,433 shares during the period. Dorsal Capital Management LLC increased its holdings in shares of Grupo Televisa SAB by 50.0% in the second quarter. Dorsal Capital Management LLC now owns 3,750,000 shares of the company’s stock worth $71,063,000 after buying an additional 1,250,000 shares during the period. Indus Capital Partners LLC increased its holdings in shares of Grupo Televisa SAB by 238.2% in the second quarter. Indus Capital Partners LLC now owns 416,427 shares of the company’s stock worth $7,891,000 after buying an additional 293,280 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Grupo Televisa SAB by 2,127.6% in the second quarter. Renaissance Technologies LLC now owns 750,700 shares of the company’s stock worth $14,226,000 after buying an additional 717,000 shares during the period. Finally, Gamco Investors INC. ET AL increased its holdings in shares of Grupo Televisa SAB by 7.1% in the second quarter. Gamco Investors INC. ET AL now owns 2,182,734 shares of the company’s stock worth $41,363,000 after buying an additional 143,922 shares during the period. Hedge funds and other institutional investors own 53.79% of the company’s stock.

Grupo Televisa SAB Company Profile

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Content, Sky, Cable, and Other Businesses. The Content segment produces television programming and broadcasts Channels 2, 4, 5, and 9; sells advertising time on programs; provides Internet services; and produces television programming and broadcasting for local television stations in Mexico and the United States.

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Analyst Recommendations for Grupo Televisa SAB (NYSE:TV)

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