Alua Capital Management LP Decreases Stock Position in Grupo Televisa, S.A.B. (NYSE:TV)

Alua Capital Management LP trimmed its holdings in Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 7.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 12,617,056 shares of the company's stock after selling 1,000,000 shares during the quarter. Grupo Televisa, S.A.B. accounts for about 1.3% of Alua Capital Management LP's holdings, making the stock its 16th biggest holding. Alua Capital Management LP owned approximately 2.28% of Grupo Televisa, S.A.B. worth $21,197,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. PEAK6 LLC bought a new stake in Grupo Televisa, S.A.B. during the 4th quarter valued at $41,000. Central Pacific Bank Trust Division raised its stake in shares of Grupo Televisa, S.A.B. by 66.7% during the fourth quarter. Central Pacific Bank Trust Division now owns 25,000 shares of the company's stock valued at $42,000 after acquiring an additional 10,000 shares during the last quarter. Russell Investments Group Ltd. bought a new position in shares of Grupo Televisa, S.A.B. during the fourth quarter valued at about $47,000. Tower Research Capital LLC TRC boosted its holdings in shares of Grupo Televisa, S.A.B. by 3,312.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 31,053 shares of the company's stock worth $52,000 after purchasing an additional 30,143 shares during the period. Finally, Employees Retirement System of Texas purchased a new position in Grupo Televisa, S.A.B. during the 4th quarter valued at about $84,000. Institutional investors own 55.77% of the company's stock.

Analyst Ratings Changes

Several research firms have weighed in on TV. Benchmark reiterated a "buy" rating and issued a $7.00 price objective (down previously from $8.00) on shares of Grupo Televisa, S.A.B. in a report on Wednesday, March 5th. The Goldman Sachs Group decreased their price objective on shares of Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a "buy" rating for the company in a report on Tuesday, January 28th.

Grupo Televisa, S.A.B. Stock Up 4.7 %

Shares of NYSE TV traded up $0.08 on Tuesday, reaching $1.79. 2,233,575 shares of the company's stock traded hands, compared to its average volume of 1,852,471. The company has a quick ratio of 2.41, a current ratio of 2.43 and a debt-to-equity ratio of 0.03. The business's 50 day simple moving average is $1.80 and its two-hundred day simple moving average is $1.93. Grupo Televisa, S.A.B. has a 12 month low of $1.55 and a 12 month high of $3.43. The company has a market cap of $991.30 million, a price-to-earnings ratio of -2.45 and a beta of 1.92.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.09. Grupo Televisa, S.A.B. had a negative return on equity of 5.73% and a negative net margin of 11.69%. The business had revenue of $763.42 million during the quarter, compared to analysts' expectations of $15.33 billion. As a group, equities research analysts forecast that Grupo Televisa, S.A.B. will post -0.07 EPS for the current fiscal year.

Grupo Televisa, S.A.B. Profile

Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. It operates through three segments: Cable, Sky, and Other Businesses. The Cable segment operates cable multiple system that provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription, as well as local and national advertising services; and telecommunication facilities, which offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.