AQR Capital Management LLC Decreases Stock Holdings in Grupo Televisa, S.A.B. (NYSE:TV)

AQR Capital Management LLC trimmed its position in Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 17.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,033,606 shares of the company's stock after selling 1,290,078 shares during the quarter. AQR Capital Management LLC owned 1.09% of Grupo Televisa, S.A.B. worth $10,136,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. PEAK6 LLC acquired a new stake in Grupo Televisa, S.A.B. in the fourth quarter valued at approximately $41,000. Russell Investments Group Ltd. acquired a new stake in shares of Grupo Televisa, S.A.B. in the fourth quarter valued at approximately $47,000. Tower Research Capital LLC TRC increased its stake in Grupo Televisa, S.A.B. by 3,312.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 31,053 shares of the company's stock valued at $52,000 after purchasing an additional 30,143 shares in the last quarter. Employees Retirement System of Texas acquired a new stake in Grupo Televisa, S.A.B. in the 4th quarter valued at $84,000. Finally, Northern Trust Corp grew its stake in Grupo Televisa, S.A.B. by 57.9% in the 4th quarter. Northern Trust Corp now owns 64,512 shares of the company's stock valued at $108,000 after buying an additional 23,648 shares during the last quarter. 55.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on TV shares. Benchmark restated a "buy" rating and set a $7.00 price target (down 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 target on Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a "buy" rating on the stock in a report on Tuesday, January 28th.

Grupo Televisa, S.A.B. Price Performance

Shares of NYSE:TV traded down $0.02 during trading on Monday, reaching $1.80. The stock had a trading volume of 171,349 shares, compared to its average volume of 1,863,557. Grupo Televisa, S.A.B. has a 52 week low of $1.55 and a 52 week high of $3.43. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.43 and a quick ratio of 2.41. The business's 50-day moving average price is $1.80 and its 200 day moving average price is $1.92. The stock has a market capitalization of $994.07 million, a PE ratio of -2.47 and a beta of 1.92.

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

Grupo Televisa, S.A.B. Company 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.