Grupo Televisa, S.A.B. (NYSE:TV) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its stake in shares of Grupo Televisa, S.A.B. (NYSE:TV - Free Report) by 5.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,724,998 shares of the company's stock after selling 147,833 shares during the quarter. Dimensional Fund Advisors LP owned about 0.49% of Grupo Televisa, S.A.B. worth $4,578,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in TV. PEAK6 LLC acquired a new position in shares of Grupo Televisa, S.A.B. during the fourth quarter worth $41,000. Russell Investments Group Ltd. acquired a new position in shares of Grupo Televisa, S.A.B. in the 4th quarter valued at $47,000. Employees Retirement System of Texas acquired a new position in shares of Grupo Televisa, S.A.B. in the 4th quarter valued at $84,000. Barclays PLC acquired a new position in shares of Grupo Televisa, S.A.B. in the 4th quarter valued at $168,000. Finally, EntryPoint Capital LLC increased its position in shares of Grupo Televisa, S.A.B. by 55.3% in the 4th quarter. EntryPoint Capital LLC now owns 128,898 shares of the company's stock valued at $217,000 after acquiring an additional 45,889 shares during the period. 55.77% of the stock is owned by institutional investors.

Grupo Televisa, S.A.B. Stock Performance

NYSE:TV traded down $0.02 during mid-day trading on Friday, hitting $2.02. The company's stock had a trading volume of 1,066,869 shares, compared to its average volume of 1,906,703. The business's fifty day moving average is $1.79 and its two-hundred day moving average is $1.90. 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. has a 1 year low of $1.55 and a 1 year high of $3.43. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of -2.76 and a beta of 1.92.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $763.42 million for the quarter, compared to analyst estimates of $15.33 billion. Analysts anticipate that Grupo Televisa, S.A.B. will post -0.07 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. The Goldman Sachs Group cut their target price on Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a "buy" rating on the stock in a research report on Tuesday, January 28th. StockNews.com raised shares of Grupo Televisa, S.A.B. from a "hold" rating to a "buy" rating in a report on Monday, May 12th. Finally, Benchmark reaffirmed a "buy" rating and issued a $7.00 price target (down from $8.00) on shares of Grupo Televisa, S.A.B. in a report on Wednesday, March 5th.

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.