Grupo Televisa S.A. (NYSE:TV) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Monday.

Other equities analysts also recently issued reports about the stock. Morgan Stanley downgraded shares of Grupo Televisa from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $29.00 to $28.00 in a research note on Thursday. HSBC Holdings plc raised shares of Grupo Televisa from a “reduce” rating to a “hold” rating in a research report on Wednesday, May 24th. Zacks Investment Research raised shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Saturday, April 29th. BidaskClub downgraded shares of Grupo Televisa from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Finally, Credit Suisse Group set a $27.00 target price on shares of Grupo Televisa and gave the stock a “hold” rating in a research report on Saturday, July 1st. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $26.50.

Shares of Grupo Televisa (NYSE:TV) remained flat at $25.90 on Monday. The stock had a trading volume of 1,180,908 shares. Grupo Televisa has a 1-year low of $19.69 and a 1-year high of $27.88. The stock has a 50 day moving average of $25.93 and a 200 day moving average of $25.07. The stock has a market cap of $64.20 billion, a PE ratio of 319.75 and a beta of 1.31.

Grupo Televisa (NYSE:TV) last posted its quarterly earnings results on Monday, July 10th. The company reported $0.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.01. Grupo Televisa had a net margin of 4.69% and a return on equity of 4.62%. The business had revenue of $1.25 billion for the quarter. On average, equities research analysts anticipate that Grupo Televisa will post $0.70 earnings per share for the current year.

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Institutional investors have recently bought and sold shares of the company. Independent Portfolio Consultants Inc. acquired a new position in Grupo Televisa during the first quarter valued at approximately $139,000. Quantbot Technologies LP acquired a new position in Grupo Televisa during the first quarter valued at approximately $158,000. Wetherby Asset Management Inc. acquired a new position in Grupo Televisa during the first quarter valued at approximately $215,000. D.A. Davidson & CO. increased its position in Grupo Televisa by 14.8% in 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 during the last quarter. Finally, High Pointe Capital Management LLC increased its position in Grupo Televisa by 6.4% in 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 during the last quarter. 61.16% of the stock is currently owned by hedge funds and other institutional investors.

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.

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Analyst Recommendations for Grupo Televisa (NYSE:TV)

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