Alua Capital Management LP Sells 1,000,000 Shares of Grupo Televisa, S.A.B. (NYSE:TV)

Alua Capital Management LP decreased its stake in Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 7.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,617,056 shares of the company's stock after selling 1,000,000 shares during the period. Grupo Televisa, S.A.B. comprises about 1.3% of Alua Capital Management LP's investment portfolio, making the stock its 16th biggest position. Alua Capital Management LP owned 2.28% of Grupo Televisa, S.A.B. worth $21,197,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in TV. Banco Santander S.A. raised its holdings in Grupo Televisa, S.A.B. by 73.6% in the fourth quarter. Banco Santander S.A. now owns 317,620 shares of the company's stock worth $534,000 after purchasing an additional 134,621 shares in the last quarter. Central Pacific Bank Trust Division lifted its position in Grupo Televisa, S.A.B. by 66.7% during the 4th 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 period. GFS Advisors LLC bought a new stake in Grupo Televisa, S.A.B. during the fourth quarter worth about $3,600,000. Robeco Institutional Asset Management B.V. grew its holdings in Grupo Televisa, S.A.B. by 245.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,976,394 shares of the company's stock worth $3,320,000 after purchasing an additional 1,404,933 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new position in shares of Grupo Televisa, S.A.B. during the fourth quarter valued at approximately $939,000. Hedge funds and other institutional investors own 55.77% of the company's stock.

Analysts Set New Price Targets

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

Grupo Televisa, S.A.B. Stock Performance

TV traded down $0.01 during mid-day trading on Thursday, reaching $1.80. 1,234,967 shares of the company traded hands, compared to its average volume of 1,853,974. Grupo Televisa, S.A.B. has a 52-week low of $1.55 and a 52-week high of $3.43. The company's fifty day moving average price is $1.80 and its 200-day moving average price is $1.93. 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 stock has a market capitalization of $994.07 million, a P/E ratio of -2.46 and a beta of 1.92.

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

About Grupo Televisa, S.A.B.

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.