Wellington Management Group LLP decreased its position in Grupo Televisa SAB (NYSE:TV) by 68.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,905 shares of the company’s stock after selling 114,693 shares during the quarter. Wellington Management Group LLP’s holdings in Grupo Televisa SAB were worth $313,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of TV. FMR LLC grew its position in shares of Grupo Televisa SAB by 11.7% in the fourth quarter. FMR LLC now owns 1,424,773 shares of the company’s stock valued at $16,713,000 after purchasing an additional 148,979 shares during the last quarter. Envestnet Asset Management Inc. acquired a new position in shares of Grupo Televisa SAB in the fourth quarter valued at approximately $122,000. Schroder Investment Management Group acquired a new position in shares of Grupo Televisa SAB in the fourth quarter valued at approximately $1,076,000. NumerixS Investment Technologies Inc acquired a new position in shares of Grupo Televisa SAB in the fourth quarter valued at approximately $60,000. Finally, Renaissance Technologies LLC boosted its stake in shares of Grupo Televisa SAB by 9.0% in the fourth quarter. Renaissance Technologies LLC now owns 12,382,734 shares of the company’s stock valued at $145,249,000 after buying an additional 1,024,076 shares during the period. 45.98% of the stock is currently owned by institutional investors.
NYSE TV opened at $5.27 on Wednesday. The business has a fifty day moving average price of $5.74 and a two-hundred day moving average price of $8.15. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.88 and a quick ratio of 1.85. Grupo Televisa SAB has a fifty-two week low of $4.65 and a fifty-two week high of $12.60. The stock has a market capitalization of $2.95 billion, a PE ratio of -10.98 and a beta of 1.12.
Grupo Televisa SAB (NYSE:TV) last released its earnings results on Monday, April 27th. The company reported ($0.85) earnings per share for the quarter, missing the consensus estimate of ($0.35) by ($0.50). Grupo Televisa SAB had a negative return on equity of 5.32% and a negative net margin of 5.18%. The business had revenue of $1.17 billion for the quarter. As a group, sell-side analysts expect that Grupo Televisa SAB will post -0.43 earnings per share for the current year.
Several equities research analysts recently issued reports on TV shares. Evercore ISI cut Grupo Televisa SAB to an “outperform” rating in a research note on Thursday, April 23rd. JPMorgan Chase & Co. cut Grupo Televisa SAB from an “overweight” rating to a “neutral” rating in a research note on Wednesday, April 22nd. ValuEngine cut Grupo Televisa SAB from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 1st. Credit Suisse Group upgraded Grupo Televisa SAB from a “neutral” rating to an “outperform” rating in a research note on Tuesday, May 12th. Finally, Zacks Investment Research cut Grupo Televisa SAB from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. Grupo Televisa SAB currently has a consensus rating of “Hold” and a consensus price target of $7.88.
About Grupo Televisa SAB
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.
Recommended Story: Key terms to understand channel trading
Want to see what other hedge funds are holding TV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grupo Televisa SAB (NYSE:TV).
Receive News & Ratings for Grupo Televisa SAB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Televisa SAB and related companies with MarketBeat.com's FREE daily email newsletter.