Grupo Televisa, S.A.B. (NYSE:TV) Shares Sold by AQR Capital Management LLC

AQR Capital Management LLC lowered its stake in Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 17.6% during the fourth quarter, according to its most recent 13F filing with the SEC. 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 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TV. PEAK6 LLC acquired a new stake in Grupo Televisa, S.A.B. in the 4th quarter worth about $41,000. Russell Investments Group Ltd. acquired a new position in Grupo Televisa, S.A.B. in the 4th quarter valued at $47,000. Tower Research Capital LLC TRC lifted its holdings in Grupo Televisa, S.A.B. by 3,312.4% in the 4th 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. B. Riley Wealth Advisors Inc. acquired a new stake in Grupo Televisa, S.A.B. during the 3rd quarter worth $123,000. Finally, Employees Retirement System of Texas purchased a new stake in shares of Grupo Televisa, S.A.B. during the fourth quarter worth $84,000. 55.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Benchmark reaffirmed a "buy" rating and set a $7.00 price objective (down previously from $8.00) on shares of Grupo Televisa, S.A.B. in a research note on Wednesday, March 5th. The Goldman Sachs Group cut 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 report on Tuesday, January 28th.

Grupo Televisa, S.A.B. Trading Up 0.3 %

Shares of TV stock traded up $0.01 during trading on Friday, hitting $1.82. 1,674,373 shares of the stock traded hands, compared to its average volume of 1,869,933. Grupo Televisa, S.A.B. has a 52-week low of $1.55 and a 52-week high of $3.43. The firm has a market capitalization of $1.01 billion, a P/E ratio of -2.49 and a beta of 1.92. The firm's fifty day moving average price is $1.80 and its 200-day moving average price is $1.92. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.43 and a quick ratio of 2.41.

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